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

Posted on October 09, 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 third quarter of 2008. They are as follows:

1. Dallas, Texas
2. Houston, Texas
3. Fort Worth, Texas
4. Atlanta, Georgia
5. San Antonio, Texas
6. Denver, Colorado
7. St. Louis, Missouri
8. Philadelphia, Pennsylvania
9. Milwaukee, Wisconsin
10. Richmond, Virginia

HomeVestors, which has bought more than 36,000 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 third quarter of 2008.

"This continues to be an ugly year for residential real estate, creating record-setting demand for a trusted national home buyer," said John Hayes, president and CEO of HomeVestors. "And HomeVestors franchisees continue to pay cash for houses, an increasingly attractive solution for thousands of homeowners also addressing one of the worst credit crises in our nation's history."

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.