Is Scranton a good place to invest in real estate?
Is Scranton a good place to invest in real estate? Demand increased as a result, and now Scranton finds itself in the middle of a perfect storm. Affordable housing, demand, and appreciation rates that eclipse the national average have made Scranton an investor’s dream. Home flippers, in particular, found the Scranton real estate market to be a great place to invest.
Is Pennsylvania a good state to invest real estate? Pennsylvania has a number of opportunities for real estate investors, especially those looking to build their portfolios. Over the past years, Pennsylvania has prospered and seen economic growth as well as diversification. The state’s economic growth translates into a significant number of homebuyers and renters.
Is Scranton PA rich? The per capita income in Scranton in 2018 was $23,951, which is lower middle income relative to Pennsylvania and the nation. This equates to an annual income of $95,804 for a family of four. However, Scranton contains both very wealthy and poor people as well. Scranton is a very ethnically-diverse city.
Is Allentown a good place to invest in real estate? Located in the heart of Lehigh Valley, Allentown is a great area to be a landlord and investor. The third most populated city in Pennsylvania proves to be popular among investors because of the growth in its rental market, increasing rent prices and single-family home values, and its newly revitalized downtown.