Last week, Forbes.com published a news story identifying the 10 “Best Places To Buy Foreclosed Homes.” The nation’s 100 largest metro areas were studied in the process of selecting the Top 10. Basing their analysis on recent data from RealtyTrac, the report identifies markets where properties in foreclosure may, in fact, be a good investment because the markets in those areas are stabilizing and “foreclosures aren’t symptomatic of local economic ruin.”
In other words, making the list is great news for those who live and work in these markets and two Tennessee cities made the Top 10 List:
1. Charlotte, NC
2. Raleigh, NC
3. Nashville, TN
4. Oklahoma City, OK
5. San Antonio, TX
6. Albuquerque, NM
7. Knoxville, TN
8. Seattle, WA
9. Indianapolis, IN
10. Washington-Arlington-Alexandria
Investing in Nashville homes and maybe even condos is a savvy investment in a nationally depressed real estate market. With the stock markets in a free for all, why not purchase a stable investment in a growing and dynamic city?
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