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Issue: 1131 Date: 4/26/2012
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St. Louis ranks 10th best city for real estate investors
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St. Louis made Market Watch's list of the 10 best U.S. cities for real estate investors.
Prices are still falling in the city, and the median list price is $159,000, so homes can still be purchased at bargain prices, the website reports.
"This market is recommended for long-term investors interested in a conservative market that will promise annual appreciation as the market improves," Market Watch states.
Tuscon, Ariz. ranked first on the list, followed by Austin, Texas; Kansas City; Baltimore; and Fort Worth, Texas. St. Louis was No. 10 on the list. |
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