Rizzo Spotlights 3 Key RE Markets

Scottsdale/Phoenix, Ariz., Orlando, Fla., and Milwaukee have been identified by Chicago-based Rizzo Realty Group as key markets for residential real estate investment.Rizzo, which specializes in investment, vacation, and second-home condominium properties, said it considered the following factors in choosing the best areas for long-term real estate investing: resale marketability, location, rental market vacancy rates, and median-home-price-to-median-income ratios. Rizzo said Scottsdale/Phoenix is "fast becoming the hottest market in the country," noted that Orlando benefits from the 800 people per day who move to Central Florida, and said Milwaukee is "one of the best places to live and invest," where downtown real estate appreciation has averaged 12% over 30 years. "Real estate is the safest investment consumers can make, and right now buyers are in the driver's seat," said Santo Rizzo, chief executive officer of Rizzo Realty Group. "We cannot stress enough that consumers should take advantage of today's real estate cool-down for their own long-term investment needs." The company can be found on the Web at http://www.rizzorealtygroup.com.