Whether you are looking to invest in a rental property or considering relocating, understanding the real estate market is the first place to start when looking to buy a new home or condominium. Understanding the ever-changing real estate market means having a solid grasp on specific locations where job growth is high, population growth is thriving, and properties are relatively affordable for you. In 2017, getting the most bang for your buck in real estate investments means enduring a balancing act of risk and reward. While no one has a crystal ball telling us exactly how the markets will play out in years to come, predictions and trends point to some hotspot locations for real estate this year.
Take a look at some of the best locations to invent in real estate this year, according to research from Forbes and Local Market Monitor:
- Dallas, Texas
- Jacksonville, Florida
- Orlando, Florida
- Seattle, Washington
- West Palm Beach, Florida
- Salt Lake City, Utah
- Tampa – St. Petersburg, Florida
- Nashville, Tennessee
- Fort Worth, Texas
- Grand Rapids, Michigan
- Sacramento, California
- Charlotte, North Carolina
- Raleigh, North Carolina
- San Diego, California
- Las Vegas, Nevada
- Boston, Massachusetts
- Columbus, Ohio
- Atlanta, Georgia
- Phoenix, Arizona
- San Antonio, Texas
The above markets are predicted to bring in a solid return for real estate investors looking to expand their reach. Florida is noticeably dominating that list, with four cities in the top twenty target locations. The Sunshine State has seen a rise in job growth and the value of homes there have skyrocketed as a result. Dallas, Texas tops the list and is projected to continue its reign as an excellent investment option. No matter where you are looking to invest, speaking with a qualified, experienced residential real estate attorney is a critical part of the journey. Be sure to contact the Law Office of Brenda Murzyn, P.C. to speak with our legal team before signing a contract.
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