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Tuesday, April 17, 2012

Personal Finance Daily: Best cities for real-estate investment

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MarketWatch
Personal Finance Daily
APRIL 17, 2012

Tuesday's Personal Finance Stories

By MarketWatch

Personal Finance Daily
powered by ad choices


Don't miss these top stories:

What makes a town a good place to buy residential real estate as an investment? According to Realtor.com, it would be a city with solid rental demand and house prices with room to grow, as well as stable employment.

Amy Hoak writes that demand is beginning to grow for properties that can be turned into rentals; her slide show features the 10 best U.S. cities for real-estate investors. Take a look: There are two cities in Texas and even one near Silicon Valley.

Also on MarketWatch, read the free edition of Michael Ashbaugh's the Technical Indicator. Ashbaugh writes that market bulls have shown some vitality with this week's upturn and in the process, the S&P 500 Index (SPX) has risen within view of significant resistance.

Anne Stanley , managing editor, Personal Finance

10 best U.S. cities for real-estate investors

Opportunities abound for those interested in buying single-family homes, condominiums and co-op units, and town homes as investments, with people scooping up properties at a discount and turning them into rental properties. Here are the 10 best U.S. cities for real-estate investors.
Read more: 10 best U.S. cities for real-estate investors.


INVESTING

S&P 500 returns to the scene of the breakdown

Tuesday's upturn marks the latest market whipsaw as bulls and bears vie for the trend. Against this backdrop, the S&P 500 is the most representative U.S. benchmark, making it a useful technical gauge.
Read more: S&P 500 returns to the scene of the breakdown.


What the euro's strength can teach us

Despite widespread predictions that the euro is doomed, the currency has outperformed the Dow industrials (DJIA) over the last three months.
Read more: What the euro's strength can teach us.


Investors hope Yahoo CEO talks strategy

Wall Street is counting on Yahoo Inc. (YHOO) Chief Executive Scott Thompson to give some details about his plans to get the Web portal back on track during on his first conference call.
Read more: Investors hope Yahoo CEO talks strategy.


ECONOMY & POLITICS

Obama pushes Congress over oil prices

In a bid to put Republican rivals on the back foot, President Barack Obama on Tuesday called for Congress to give greater powers and more money to the nation's commodities regulator, in what is shaping up as a major election issue.
Read more: Obama pushes Congress over oil prices.


March industrial production flat for second month

Industrial production was unchanged in March for a second month, in what could be a sign of slowing momentum in the U.S. economy.
Read more: March industrial production flat for second month.


Home building slows, but March permits up

Although U.S. builders start work on new homes at a sharply slower March pace, construction permits jump to their highest level in three and a half years, data show.
Read more: Home building slows, but March permits up.


France may challenge austerity with shift to left

If François Hollande does prevail in the French presidential vote, it will add to feeling that the current policy of imposing deflation and recession on Europe cannot continue.
Read more: France may challenge


Another crisis in Europe biggest global risk: IMF

Another acute crisis in Europe is the main risk to the global economy, the IMF says in the latest update of its world economic outlook.
Read more: Another crisis in Europe biggest global risk.


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