St Louis makes list of 100 best places to invest in rental property

st-louis-realtor-dennis-norman-best-places-to-buy-rental-propertySt Louis made the list of the “Best 100 U.S. Markets to Invest in Rental Property“, developed by HomeVestors and Local Market Monitor, coming in right in the middle at number 50.Ā  Las Vegas was in the number 1 slot and California was the star of the show with 12 metros on the list

There are good opportunities for investors in every one of the top 100 markets,” said HomeVestors’ co-president, David Hicks. “But investors would be wise to take into account other dynamics for the ideal timing to enter the market.” Hicks sites job growth as a key indicator of a market prime for investment. “Higher job growth rates normally indicate a stronger market for rentals,” he said. “Strong growth rates and higher risk-return premiums usually point to the best markets to invest in now.” Continue reading “St Louis makes list of 100 best places to invest in rental property