Where are the smaller cities poised to become powerhouses?? Leave it to Realtor.com who crunched the numbers to discover the small & midsized metros that are “poised to hit it big.” They looked at data from the 200 largest metros (excluding the 15-largest) and examined population, income, home prices, building permit growth, employment figures; and cultural amenities. And, they included only one metro per state to ensure geographic diversity. Interestingly, most of these cities are located south of the Mason-Dixon Line.
“We’ll see small cities continue to be growth centers,” says Chris Porter, chief demographer at John Burns Real Estate Consulting, a national firm. “A lot of them are in the South—a region with great affordability, a business-friendly environment, and warmer weather.”
The top 10 cities “poised to become powerhouses” are:
- Salisbury, Md
- Lafayette, LA
- Myrtle Beach, SC
- Gulfport-Biloxi, MS
- Winston-Salem, NC
- Grand Rapids, MI
- Knoxville, TN
- Daytona Beach, FL
- Ogden, UT
- Worcester, MA
Click here to read the full story on Realtor.com.