Forbes recently teamed up with National REIA preferred vendor Local Market Monitor to come up with the top 20 markets where population, jobs and home prices are growing – in fact, Local Market Monitoring expects home prices for cities on this list to grow by at least 17% by 2020. You’ll notice that Florida and Texas dominate this list, however Forbes says solid markets can be found all across the country. Interestingly, readers of Real Estate Investing Today will notice that other “lists” we’ve shared corroborate some of these same locations.
Forbes’ top 20 cities are:
- Dallas, TX
- Jacksonville, FL
- Orlando, FL
- Seattle, WA
- West Palm beach, FL
- Salt Lake City, UT
- Tampa-St. Petersburg, FL
- Nashville, TN
- Ft. Worth, TX
- Grand Rapids, MI
- Sacramento, CA
- Charlotte, NC
- Raleigh, NC
- San Diego, CA
- Las Vegas, NV
- Boston, MA
- Columbus, OH
- Atlanta, GA
- Phoenix, AZ
- San Antonio, TX
Traders looking for quick cash should look elsewhere. “If you are planning on making an investment, either by buying a home or by buying a rental property, these are really good markets….These are markets where you can make an investment, you are probably going to get a good return and you are not taking an extraordinary risk.” Said Local Market Monitor CEO Ingo Wizner.
