The Thriving Investor Success With Investing
For savvy investors looking to sink their teeth into real estate market the most important thing to know is that everything is determined by location, location, location. A real-estate investment management firm by the name of HomeUnion compiled a list of ZIP codes within 20 metropolitan areas that have shown the highest investment return and lowest risk over the last five years. The list was made using the total annualized returns of single families in over two-hundred thousand neighborhoods with help from data gathered by Maponics, a company that is responsible for producing geographic boundary data used by several applications and services that need location based data to work.
The locations with the highest returns and school ratings made the top of the list. Research director at HomeUnion Steve Hovland stated that locations with good schools have always been attractive areas to long-term investors, but they have been harder to come by for “remote” (off site) investors due to the state of the current housing market.
The top locations listed include areas outside major metropolitan centers, such as Northern Indianapolis and North Hollywood as well as the Florida Hamptons, the Detroit metropolitan area, Cincinnati and Atlanta. These locations have an annualized total return percentage of at least 5.4 and school ratings of over 70 up to a total return percentage of 8.1 and school ratings of 87.9 (this location specifically being the Hamptons at Boca Raton in the West Palm Beach metropolitan area of Florida. This, coupled with the minimal risk, makes them ideal locations for real estate investment.
For more information on this topic and specifics on the top twenty locations listed by HomeUnion for US based real estate investors, consult this article: http://www.businessinsider.com/best-us-housing-markets-real-estate-investment-2017-7