3 Virginia Beach Real Estate Stocks were voted best stocks according to StockScounter’s February report.
The Scouter score is based on how the stock performs in the following criteria: business fundamentals, price behavior, valuation and stock-ownership characteristics appear to predict a rising price in the coming weeks, based on how those factors have influenced stock prices in the past. REIT’s- are usually formed to finance luxury condo and apartment ventures, strip malls, shopping malls, and commercial buildings that generate income from rents.
Real Estate investment Trust (REIT)- according to Wikepedia- a REIT is a company that owns, and in most cases operates, income-producing real estate. Some REITs finance real estate. To be a REIT, a company must distribute at least 90 percent of its taxable income to shareholders annually in the form of dividends. This is a great way for the girl next door to buy a piece of the shopping mall down the road or gain a profit from the high rise being built down the street. Why not own your condo and a peice of the whole block. When investing in a REIT -you need to think big.
Looking for a place to invest those tax refunds, research more about these stocks. And if all else fells call me to buy a home, condo, or investment property.
The 3 Virginia stocks that topped the list were:
Real estate investment trust
|Avalonbay Communities (AVB +0.95%)||Real estate investment trust||$136.01||10|
|Virginia Commerce Bancorp (VCBI +3.83%, news)||Banking||$8.86||10|
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Deandrea “Dee Dee” Jones
Associate Broker / Recruiting Sales Manager Peninsula
Blu Skyy Realty Virginia Beach, VA