#87 – Market Predictions for New York, NY in 2011
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New York, NY: -42.8% Return on Investment (2011) As the epicenter of US financial markets, New York has experienced a dramatic economic shock that is creating multiple problems for the state and city governments. The most pronounced of these problems is massive budget shortfalls that have spurred the elected officials to raise taxes instead of... Read more »
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Washington DC: 6.1% Return on Investment (2011) Washington DC is another metropolitan area that represents a highly difficult environment for investors. With extremely high levels of regulation, high prices, and low rents relative to market value, it is not likely that investment properties in...
Published 04/14/11
Published 04/14/11
Tampa, FL: 12.5% Return on Investment (2011) Moving up the Florida coast to Tampa reveals a somewhat less distressed market. This stems from the fact that Tampa did not experience the same high-rise construction boom as Miami, and did not become oversupplied with high-cost condominiums. As a...
Published 04/13/11
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