In recent years, investors have been paying close attention to the real estate market on the west side of the United States. All the while the housing market in Southeast United States has been in a silent growth period that few investors have noticed. The Montgomery real estate market is one such place. The capital of the state of Alabama, the city of Montgomery has experienced a growth in population in recent years due to economic and job growth in the area. Several automobile manufacturers have built plants around near the city causing a growth spurt in Montgomery population. This growth spurt has brought on similar growth in Montgomery real estate. For this reason Montgomery real estate presents an opportunity for real estate investors to make a profit in the area.

The demand for housing in the Montgomery area has increased in recent years. During this time the number of sellers has only increased a small amount. The increase in sellers has not been enough to cover the increase of buyers. This creates a need for real estate investors to assist in providing housing for the buyers that are currently in the area.

The average cost for a single family house in Montgomery real estate is about $138,000. This is close to $100,000 less than the national average price for housing at $216,000. Investors are wise to get in on the Montgomery real estate market while prices are still relatively inexpensive. Growth from last year is about 16.5% and is expected to increase as the market continues to grow. Those investors that get a stake in the Montgomery real estate while prices are still low stand to gain the most profit from their investment.

Since the market is expected to continue to grow, investors can buy and hold Montgomery real estate for a few months while the market approaches its peak. This way investors can receive a maximum amount of profit from their investment. Since the market is increasingly becoming more of a seller¡¯s market, investors will be able to purchase housing while it is still fairly low. Waiting a few weeks or even a month can turn out to be too late to get in on the market.

The Montgomery real estate is one of the few places in the south that is profitable for real estate investors. At this point the Montgomery real estate is expected to continue to grow at least for the next couple of years. This is plenty of time for investors to make profits in the Montgomery real estate market.

 

Do you own real estate articles or stories and want to share with other investors? 
You have chance to win $100 Amazon Gift Certificates. We will give away 3 prizes for top authors each month!

Email your articles or stories to:  articles@buyincomeproperties.com

 

© Copyright 2001 - 2010 by BuyIncomeProperties.com               

 

 

Visit Real Estate Forums for every real estate investing topics!  Enter Here

    

Top of Page