Denver, Dallas Join ‘Markets of Opportunity’
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Denver and Dallas, both reeling from the continuing recession in the energy business, have joined five other newcomers to the 1988 list of “markets of opportunity” published in the January/February Real Estate Investment Journal.
The two cities join Baltimore, Charlotte, N. C.; Indianapolis, Memphis, Tenn., and Tampa, Fla., on the markets of opportunity list. The magazine is published by Irvine-based Century 21 Real Estate Corp.
Demoted from the 1987 list to “honorable mention” status are: Birmingham, Ala.; Cincinnati, Kansas City, Mo.; suburban New Jersey, New York City, San Diego and Seattle.
Unanimous choices among the 14 carry-over markets from the 1987 list are: Atlanta, Washington, San Francisco and Orange County. The remaining markets on the list of 21 are: Boston, Chicago, Columbus, Ohio, Jacksonville, Fla.; Miami, Minneapolis, Nashville, Tenn.; Orlando, Fla.; Philadelphia, and San Bernardino/Riverside.
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