Midwest, Northeast Top Regions for Real-Estate Investors -- Market Talk

Dow Jones
Oct 01, 2024

1113 ET - Amid rising home prices and mortgage rates, real estate investors can still find hidden gems in affordable metros across the country, with Dayton, Ohio, standing out as the top destination for property investment this year, Realtor.com says. Other top U.S. markets for real estate investment are located the Midwest and Northeast regions, including Rochester, N.Y.; Cleveland-Elyria, Ohio; and Pittsburgh. With low vacancy rates and strong demand, these markets offer a great mix of affordability and growth potential for rentals. The top markets for real estate investment are noted for their affordability, low rental vacancy rates, rising rents and sustained buyer demand, making them prime candidates for investment. Rental vacancy rates in these hotspots averaged just 4.8% so far in 2024, well below the national average of 6.6%, signaling a strong rental market with minimal property turnover. (chris.wack@wsj.com)

 

(END) Dow Jones Newswires

October 01, 2024 11:13 ET (15:13 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10