Smaller Cities Poised to Become Powerhouses

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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:

  1. Salisbury, Md
  2. Lafayette, LA
  3. Myrtle Beach, SC
  4. Gulfport-Biloxi, MS
  5. Winston-Salem, NC
  6. Grand Rapids, MI
  7. Knoxville, TN
  8. Daytona Beach, FL
  9. Ogden, UT
  10. Worcester, MA

Click here to read the full story on Realtor.com.

 

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Director of Education & Outreach, National Real Estate Investors Association

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