America has seen a large number of big-time investors snatching up properties that might have been bought by smaller end landlords before. With cash on hand, it makes it difficult for the single individual to invest in real estate. RealtyTrac sought out a way to help in this, taking a look at 2,200 counties across the United States that houses, all together, about 90% of the country's population. They were looking for properties that would provide a good return and yet have not gained institutional-investor interest. After researching, economist Jake Adger with RealtyTrac says that many of these "hidden gems" can be found away from either coast. The investors have looked into properties on the West and East coasts, but have left everything in the middle pretty well alone. The majority of the communities have a population that is doing okay in the economy, but not comfortable enough to buy.
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