Five Turnaround Real Estate Markets
Smokestacks, steel mills, oil refineries, paper-mill aromas. Old economy, blue collar, poor education, high crime. Old infrastructure, layers of industrial grime, worn-out downtown centers. Middle-of-nowhere locations too far from favored regional cities to be relevant.
Not the kind of places you or I would buy real estate, right?
Maybe not. But a number of places across the U.S. have visibly escaped their industrial past and the economic malaise that went with it.
As a Millionaire Zone real estate investor, I like to look at where the puck is going. So I look for places once avoided but now embraced by the upwardly mobile and the so-called "creative class" of entrepreneurs and new-economy workers.Times change and places change. With the right circumstances and local leadership, the once decrepit can rise into winners. Such places can be good locations to live or to invest. Click here for the video version of this story from Jennifer Openshaw.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV