RealtyTrac(R) (www.realtytrac.com), the leading online marketplace for foreclosure properties, today released a report identifying the nation’s best ski resort towns for real estate investing, which ranks 19 towns with high-quality ski resorts based on the health of the local housing market and opportunity to acquire profitable investment homes.
To create the rankings, RealtyTrac identified all towns with a population of at least 2,500 that had at least one ski resort that ranked in the top 50 of the 182 ski resorts ranked by ZRankings (as featured in Forbes) for “Pure Awesomeness Factor” in terms of the quality of the skiing and snowboarding experience. We ended up with 19 towns on that list, and wethen ranked those towns based on their combined ranking for the PAF along with eight real estate-related factors: distance from closest airport, unemployment rate, median list price of a residential property, foreclosure inventory percent of all housing units, rental vacancy rate, gross yield on a rental property, 2013 foreclosure rate, and percent change in foreclosure rate from 2010.
Link to orginal article.
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