2007-02-09 12:43:44 · 3 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Portland and Seattle have the hot real estate right now. They have maintained an upward trend during a cooling marke so it is not likely to peak very soon. lots of gorgeous properties there not too many investors (speculators) yet.
Phoenix on the other hand is starting to cool. You may be able to get a good deal as much of the inventory is held by investors looking to dump, but it's risky because if you want to flip, you'll have a lot of competition
2007-02-09 13:07:31 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Midwest has the lowest housing prices. For that amounth of money, you can purchase about 1500 acres. More in certain areas.
If you go to the HUD web site, http://www.hud.gov, they have data on housing in the different areas of the country.
Also, you could probably get a lot of land in New Orleans. This may sound stupid, but give it a few years, and it will come back.
A city that corrupt, won't die. We wouldn't be that lucky.
Good Luck
2007-02-09 20:59:34 · answer #2 · answered by A_Kansan 4 · 1⤊ 0⤋
From what I have seen around Arizona it isn't too bad here yet, good bang for the buck BUT CALIFORNIANS are moving here so fast that they are driving our prices closer to theirs but not that bad yet.
Also rural areas are even better.
2007-02-09 20:56:23 · answer #3 · answered by Hammerhead 2 · 0⤊ 0⤋