The Best Places to Invest in Real Estate 2019
Across many articles written by a litany of writers across America, they all have stakes pitched on different housing markets anticipated for the upcoming year. By and large, though, nobody can really agree on any solid list. There are so many factors in play, and everyone’s picking up on different nuances and statistics of their own to predict something as wide-scale as this. Luckily, there are a few markets that everyone seems to agree on – one way or another.
What to Look For in a Housing Market
The world of investments and property appraisal is tricky to nail down, as there’s literally a world of elements influencing how valuable any possible area is. Trying to get behind trends and anticipating what’s going to be next in the world of change ahead is one thing, but to hedge your bets with more predictable choices is essential. To evaluate for yourself what markets are viable, some factors to keep in mind are:
- Growth – Obviously, seeing anticipated growth in an area is the cornerstone of determining if the estimated worth of an area/property is worth its salt. However, those same estimates are going to attract a whole world of property investors. What’s important is to try and think ahead of the rest of the race.
- Current Market – An area that’s oversaturated with sellers and buyers can be inaccessible to new buyers, but on the other side of the spectrum, there stand areas with high vacancy rates. They work as a fantastic litmus test for existing conditions that may make the property difficult to market for yourself. It’s not an absolute, but it’s a worthwhile indicator to examine.
- Employment Prospects – Following big-name companies and industries to find where they’re going to be expanding their efforts is absolutely a worthwhile effort. Amazon and Google, the veritable Internet titans of the world, are constantly opening up new centers and databases all around the country, and with those prestigious jobs comes high demand to live nearby. Those are the kinds of opportunities to look out for.
Top Cities to Invest In
Breaking down estimations and projections from all across the country, our list for the top cities to invest in for this year (in no particular order) are:
- Atlanta, GA
- Boise, ID
- Dallas, TX
- Las Vegas, NV
- Denver, CO
- Orlando, FL
- Charlotte, NC
- Clearwater, FL
- Fort Worth, TX
It’s hotly contested between everyone’s projections on a lot of the cities that show promise vs the ones that are just run-of-the-mill, but these cities all have the same consensus: they’re growing, they’ve got an audience, and we can expect to see interest in them keep rising soon
The world of finance is variable and fluid at any given point, but we at Bluepoint Mortgage stand to be a constant that you can rely on. We offer resources and tools to help take the guesswork out of your job as a broker. No matter where you are and where you need them, we’ll be here for you.