St. Louis is the 4th best place in the U.S. for investors to buy property, based upon a recent report by Radar Logic. In compiling the list of cities, Radar Logic examined where institutional investors (i.e., corporations, LLC’s, partnerships and trusts) were buying property and how big of discounts they were receiving compared to other home sales in that area.
The Top 10 Markets For Investors Based Upon Discounted Home Prices:
| Metropolitan Area |
Institutional Investor Discount |
| Pittsburgh, PA |
-64% |
| Cleveland, OH |
-55% |
| Detroit, MI |
-54% |
| St. Louis, MO |
-50% |
| Cincinnati-Middletown, OH-KY-IN |
-49% |
| Baltimore-Towson, MD |
-46% |
| Richmond, VA |
-42% |
| San Francisco, CA |
-38% |
| Virginia Beach-Norfolk-Newport News, VA-NC |
-36% |
| Cape Coral-Fort Myers, FL |
-34% |
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