HomeVestors Names Top 10 Cities for Real Estate Investing for Second Quarter of 2008

Posted on August 13, 2008 by Pete Kosowski

DALLAS- HomeVestors® of America, Inc., the company famous for its "We Buy Ugly Houses"® billboards and America’s #1 Home Buyer, has named the top 10 markets for real estate investing in the second quarter of 2008. They are as follows:

1. Dallas, Texas
2. Houston, Texas
3. Atlanta, Georgia
4. Denver, Colorado
5. Fort Worth, Texas
6. San Antonio, Texas
7. Charlotte, North Carolina
8. St. Louis, Missouri
9. Milwaukee, Wisconsin
10. Chicago, Illinois; Kansas City, Kansas (two cities tied for tenth place)

HomeVestors, which has bought more than 35,000 homes in the U.S. over the last 12 years, based the findings on the number of houses bought in each market by the franchise network in the second quarter of 2008. “This has been a rather ugly year for residential real estate, creating record-setting demand for a trusted national home buyer,” said John Hayes, president and CEO of HomeVestors. “Despite changes in the market, real estate investing continues to grow. From small towns to big cities, people continue to look to HomeVestors to help them out of ugly real estate situations.”

HomeVestors is the only national franchise that specializes in buying, rehabbing and selling single-family homes across the nation. The company has more than 230 franchises in 35 states.

About HomeVestors® of America, Inc.
Founded in 1989 and franchising since 1996, Dallas-based HomeVestors® of America, Inc., has more than 230 franchises throughout the United States. The first franchise company of its kind, HomeVestors® trains and supports franchisees who specialize in buying homes in need of repair. Most commonly known as the “We Buy Ugly Houses”® franchise, HomeVestors® strives to make a positive impact in each community.