Looking for America's next hot housing market? The Midwest provides a lucrative blueprint. Here's why.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The Midwest has gained prominence in recent months among investors. Analysts say there are valuable lessons to be learned.

Jaina Pallasigui, a public-health professional, started investing in real estate in the Midwest in December 2021.

Her first home in Evansville cost less than $50,000. “It was $48,000, and I did a conventional loan, with a down payment of 20%,” Pallasigui told MarketWatch. She has since bought two more single-family homes. But for aspiring homeowners who are open to relocating, or have the ability to work remotely, there are some good — and affordable — options left in the U.S., according to a new report from Realtor.com.

The Midwest has gained prominence in recent months: Many real-estate investors have also started moving towards the Midwest, as they find the potential for higher rental income in those markets.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines