Top 10 Housing Bets for Investors

[James N.]

HomeVestors, an investment company that brands itself “We buy ugly houses,” named the following top 10 housing markets for investing in single-family homes for 2014. All of these markets have posted strong appreciation in the past year but are still underpriced by up to 28 percent.
1. Forth Worth, Texas
2. Dallas
3. Charlotte, N.C.
4. Nashville
5. Houston
6. Atlanta
7. Oklahoma City
8. Orlando, Fla.
9. Las Vegas
10. Boise City

"We think the markets hold considerable opportunities for investors as long as they do not over pay for properties," says David Hicks, HomeVestors co-president. "Only seven of the top 100 markets continue to be ranked as 'speculative.'"

On the other hand, the 10 “riskiest” markets named were:
Los Angeles
Gary, Ind.
Providence
Buffalo, N.Y.
Toledo, Ohio
Cleveland

"These markets continue to have weak population and job growth that makes them more risky investments," Hicks says.