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Hot off the Presses – Special Article for Ultimate Investor Newsletter Subscribers!Real Estate Investing is Booming!

According to statistics from the National Real Estate Investors Association, the number of real estate investment groups has quadrupled in the past three years from 44 to 178. There are hundreds more clubs popping up all over the US that aren’t affiliated with NREIA – an estimated500 more. And many groups which once met monthly are now meeting weekly as the dropping home prices are creating a more lucrativethan ever real estate investment market.However, with a general increase in the interest in real estate investing, there hasn’t been as rapid an increase in the actual business of realestate investing. More people are looking for deals – and more deals exist in today’s market – but there aren’t as many more investors asthere are researchers in real estate investment. Now is a really good time to be looking at putting your efforts to investing in properties to rentor to flip.You’ll see in the upcoming issue of my newsletter that Detroit, MI is a phenomenal market to invest in. I have also found that priceappreciation (by percentage) has varied greatly in many cities across the United States. Shown below are the rankings according to MNS’sMoney Staff on 2/24/09.

Price appreciation as of Dec. 31 (by percentage):Metro area RankingQ420081 year 5 yearsAkron, OH 180 0.18 -4.01 0.63Albany-Schenectady-Troy, NY 133 -1.05 -1.22 43.65Albuquerque, NM 152 -0.92 -2.18 44.67Allentown-Bethlehem-Easton, PA-NJ 183 -0.90 -4.13 37.51Amarillo, TX 87 -0.87 0.06 21.48Ames, IA 81 0.52 0.43 12.08Anchorage, AK 92 -0.41 -0.10 38.25Anderson, IN 119 -0.09 -0.89 0.92Anderson, SC 16 1.59 3.13 20.38Ann Arbor, MI 223 -0.41 -6.87 -10.24Appleton, WI 122 3.07 -0.94 13.27Asheville, NC 49 0.58 1.31 46.49Athens-Clarke County, GA 48 2.09 1.32 21.31Atlanta-Sandy Springs-Marietta, GA 177 -1.09 -3.82 11.08Atlantic City-Hammonton, NJ 209 0.74 -5.56 44.14Augusta-Richmond County, GA-SC 97 -2.20 -0.14 32.86Austin-Round Rock, TX 6 -0.07 4.44 34.35Bakersfield, CA 281 -5.19 -29.06 18.27Baltimore-Towson, MD 217 -1.37 -5.84 48.87Barnstable Town, MA 205 1.25 -5.26 12.78Baton Rouge, LA 100 -0.68 -0.30 33.67Battle Creek, MI 181 0.08 -4.06 0.31Bay City, MI 241 -2.38 -11.00 -5.93Beaumont-Port Arthur, TX 15 2.61 3.14 31.31Bellingham, WA 109 1.62 -0.63 60.66Bend, OR 250 -5.48 -15.14 43.89Bethesda-Frederick-Rockville, MD 233 -0.85 -8.76 32.81Billings, MT 11 2.54 3.61 41.92

Birmingham-Hoover, AL 66 -0.20 0.75 24.45Bismarck, ND 19 4.90 2.84 43.04Blacksburg-Christiansburg-Radford, VA 79 -1.18 0.49 34.06Bloomington, IN 72 -0.40 0.64 19.14Bloomington-Normal, IL 56 1.14 1.16 14.38Boise City-Nampa, ID 213 -0.06 -5.74 48.87Boston-Quincy, MA 173 0.81 -3.42 8.88Boulder, CO 17 0.98 2.99 16.00Bowling Green, KY 23 1.06 2.65 18.14Bradenton-Sarasota-Venice, FL 278 -7.40 -25.36 6.35Bremerton-Silverdale, WA 226 -2.06 -7.58 52.67Bridgeport-Stamford-Norwalk, CT 210 -1.31 -5.59 21.87Buffalo-Niagara Falls, NY 37 -0.55 1.71 19.91Burlington, NC 98 1.48 -0.15 6.41Burlington-South Burlington, VT 120 -0.14 -0.90 35.60Cambridge-Newton-Framingham, MA 161 0.60 -2.67 9.03Camden, NJ 188 -0.78 -4.41 37.81Canton-Massillon, OH 175 0.60 -3.64 0.38Cape Coral-Fort Myers, FL 287 -10.92 -32.93 -1.71Cedar Rapids, IA 70 0.51 0.69 12.56Champaign-Urbana, IL 101 0.83 -0.31 19.76Charleston, WV 41 1.31 1.63 20.30Charleston-North Charleston-Summerville, SC 149 -1.67 -1.94 45.31Charlotte-Gastonia-Concord, NC-SC 36 1.13 1.78 27.28Charlottesville, VA 176 -1.90 -3.79 46.13Chattanooga, TN-GA 125 -2.25 -1.03 21.24Cheyenne, WY 96 0 -0.13 29.52Chicago-Naperville-Joliet, IL 184 0.01 -4.26 23.69Chico, CA 239 -1.08 -10.63 21.00Cincinnati-Middletown, OH-KY-IN 147 -0.16 -1.87 8.66Cleveland-Elyria-Mentor, OH 179 0.92 -3.94 -0.80Coeur d'Alene, ID 189 -1.70 -4.45 64.48Colorado Springs, CO 146 1.13 -1.79 15.83Columbia, MO 29 -0.51 2.11 22.04Columbia, SC 45 0.41 1.46 24.86Columbus, GA-AL 89 0.59 -0.01 30.12Columbus, IN 68 1.41 0.74 13.88Columbus, OH 112 1.27 -0.74 7.89Corpus Christi, TX 35 2.50 1.79 30.79Dallas-Plano-Irving, TX 33 0.17 1.86 15.84Davenport-Moline-Rock Island, IA-IL 61 1.80 0.85 17.57Dayton, OH 155 -0.62 -2.34 5.12Decatur, AL 1 1.78 6.58 25.36Decatur, IL 83 -0.68 0.32 15.40

Deltona-Daytona Beach-Ormond Beach, FL 268 -3.96 -19.84 27.35Denver-Aurora-Broomfield, CO 111 0.77 -0.71 6.34Des Moines-West Des Moines, IA 138 1.20 -1.48 14.10Detroit-Livonia-Dearborn, MI 257 -3.17 -16.42 -22.30Dubuque, IA 76 0.04 0.57 17.86Duluth, MN-WI 84 1.28 0.26 25.57Durham-Chapel Hill, NC 28 0.97 2.15 25.65Eau Claire, WI 85 1.16 0.22 19.40Edison-New Brunswick, NJ 207 -0.64 -5.42 28.72El Paso, TX 105 -0.29 -0.41 45.30Elkhart-Goshen, IN 60 1.49 0.86 11.16Erie, PA 131 -1.74 -1.16 12.40Eugene-Springfield, OR 166 0.09 -3.20 51.90Evansville, IN-KY 153 -1.90 -2.29 8.61Fargo, ND-MN 63 0.68 0.82 23.79Fayetteville, NC 21 -1.88 2.80 27.67Fayetteville-Springdale-Rogers, AR-MO 165 0.38 -3.04 25.34Flagstaff, AZ-UT 227 -0.85 -7.58 58.47Flint, MI 237 2.24 -9.47 -12.43Florence, SC 14 0.55 3.14 22.04Fond du Lac, WI 123 1.33 -0.96 17.74Fort Collins-Loveland, CO 91 0.48 -0.09 8.18Fort Smith, AR-OK 74 -1.10 0.61 24.02Fort Walton Beach-Crestview-Destin, FL 253 -3.50 -15.56 34.17Fort Wayne, IN 44 -0.35 1.53 7.50Fort Worth-Arlington, TX 54 1.14 1.21 15.88Fresno, CA 277 -4.56 -25.06 11.47Ft. Lauderdale-Pompano Bch.-Deerfield Bch., FL 279 -6.28 -25.95 16.61Gainesville, GA 170 -3.09 -3.34 17.56Gary, IN 144 0.10 -1.71 17.99Grand Junction, CO 77 -2.75 0.55 56.93Grand Rapids-Wyoming, MI 194 1.36 -4.69 -0.92Greeley, CO 224 -1.31 -7.25 -6.58Green Bay, WI 137 1.31 -1.38 11.97Greensboro-High Point, NC 113 -1.49 -0.75 12.81Greenville-Mouldin-Easley, SC 13 1.05 3.23 22.85Gulfport-Biloxi, MS 222 -1.35 -6.71 36.81Hagerstown-Martinsburg, MD-WV 231 -1.50 -8.02 40.93Harrisburg-Carlisle, PA 55 1.00 1.17 34.58Hartford-West Hartford-East Hartford, CT 159 0.18 -2.60 25.14Hickory-Lenoir-Morganton, NC 31 -1.33 1.99 18.89Holland-Grand Haven, MI 220 -0.52 -6.21 -0.20Honolulu, HI 167 -1.89 -3.27 65.22Houma-Bayou Cane-Thibodaux, LA 58 0.08 1.04 41.60

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Real Estate Investing is Booming

Real estate investing is booming - especially in today's market.

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Category:	Business/Law > Real Estate
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Upload Date:	11/16/2009
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Tags:	real estate investing real estate investing (fewer)