Top 10 Metro Areas – Great Areas for Investing in Real Estate

by Property Management Software on December 3, 2009

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Residential Rental Real Estate Investment

Residential Rental Real Estate Investment

Leaders in this year’s index, which ranks U.S. metros based on their ability to create and sustain jobs, are all metros that succeeded in avoiding the worst of the economic declines driven by falling housing markets and job losses in manufacturing and global trade.

The 2009 Top 10 performers (with 2008 rankings) of the 200 largest metros are:


1. Austin-Round Rock, TX (4)

2. Killeen-Temple-Fort Hood, TX (13)

3. Salt Lake City, UT (3)

4. McAllen-Edinburg-Mission, TX (7)

5. Houston-Sugar Land-Baytown, TX (16)

6. Durham, NC (21)

7. Olympia, WA (9)

8. Huntsville, AL (5)

9. Lafayette, LA (14)

10. Raleigh-Cary, NC (2)


Regional economic factors also strongly influenced the rankings this year, with the oil and gas sector, technology and alternative energy providing stability among metros in Texas, North Carolina, Washington and Louisiana, which also benefited from low dependence on housing/construction. Austin in particular has been helped by its strong tech industry. It is the first metro to rank No. 1 twice on the index, the last time being in 2000.

Are these cities great for real estate investments? If you are a property manager, landlord, or a property management company read the study about your local area and determine whether it is a right time to expand.

Download study by CLICKING HERE

This blog post is brought to you by SimplifyEm Pay Rent Online and Property Management Software

Leaders in this year’s index, which ranks U.S. metros based on their ability to create and sustain jobs, are all metros that succeeded in avoiding the worst of the economic declines driven by falling housing markets and job losses in manufacturing and global trade. The 2009 Top 10 performers (with 2008 rankings) of the 200 largest metros are:

  1. Austin-Round Rock, TX (4)
  2. Killeen-Temple-Fort Hood, TX (13)
  3. Salt Lake City, UT (3)
  4. McAllen-Edinburg-Mission, TX (7)
  5. Houston-Sugar Land-Baytown, TX (16)
  6. Durham, NC (21)
  7. Olympia, WA (9)
  8. Huntsville, AL (5)
  9. Lafayette, LA (14)
  10. Raleigh-Cary, NC (2)


Regional economic factors also strongly influenced the rankings this year, with the oil and gas sector, technology and alternative energy providing stability among metros in Texas, North Carolina, Washington and Louisiana, which also benefited from low dependence on housing/construction. Austin in particular has been helped by its strong tech industry. It is the first metro to rank No. 1 twice on the index, the last time being in 2000.

This blog post is brought to you by SimplifyEm Pay Rent Online and Property Management Software

This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. Top 10 Metro Areas – Great Areas for Investing in Real Estate is brought to you by SimplifyEm Pay Rent Online and Property Management Software

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{ 1 comment… read it below or add one }

Austin Real Estate Agents February 9, 2010 at 11:22 pm

Good listing on the real estate market.

Reply

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