Thursday, March 11, 2021

Where and how to invest in the United States Real Estate market

Best Cities To Invest In Real Estate in the United States The best cities to invest in real estate in the United States have 3 things in common: jobs, population growth and good prices in the real estate market. In this guide we show you the best cities in which to buy a house and the advantages of each one.





Best cities to buy properties in the United States in 2021 There are several cities in the United States recommended to live. Many of them offer a good lifestyle with relatively low house prices, around less than $ 120,000. 1. Orlando, Florida
Median Home Sales Price: $ 120,000
Median Monthly Rental Price: $ 1050 Orlando is one of the best places to buy property in all of Florida. There are many reasons why it is one of the best cities to invest in real estate in the United States. Located in the region of the sun, the area is known for its warm climate, beaches and training. In addition, it is the city where the famous Disney World and Universal Studios amusement parks are located.

It is not uncommon for there to be many real estate agents or realtors in Floridad, as the demand for family homes has been on the rise in recent years. Still, it is possible to purchase fully renovated properties in good
Florida neighborhoods for less than $ 120,000. Plus, they can be rented for more than 1% of the purchase price, which is a good real estate investment. Florida's beaches are renowned for their beauty and Orlando's great tourist attraction is supremely interesting. You can easily buy a house or apartment and rent it on Airbnb thanks to the number of tourists that come to this city every year. Most interestingly, despite incredibly low home prices, many people choose to rent rather than buy. This can be a good investment with a return of 8% per year if you want to invest in properties. We think Orlando is one of the best cities to invest in real estate in America because property taxes and insurance are low. Also, there is no state tax. This means that you can pay less taxes in this city.




Orlando, Florida is one of the best cities to invest in real estate for these reasons: Orlando is the fourth largest metropolitan area in the country. It is also the # 16 fastest growing city in America in 2021. 60 million people visited the Orlando area last year. It is one of the most visited tourist destinations in the USA. Orlando's population has grown 41% in the last 10 years. Mortgage laws have helped keep home prices well below average.


2. Tampa, Florida


Median home sales price: $ 102,500 Median Monthly Rent Price: $ 1075 Located on the west coast of Florida, Tampa Bay is the second most populous metropolitan area (the first is Miami). The city has a population of more than 4 million people. Major cities in this area include Clearwater, St. Petersburg, New Port Richey, Holiday, and Tampa. Tampa is one of the best cities to invest in real estate in the United States for several reasons: The local economy has been rated one of the 20 fastest growing in the United States. It also has a strong local economy with a strong focus on growth in areas such as financial services and healthcare. The Greater Tampa Bay area is ranked among the 20 fastest growing metropolitan areas in the USA. Tampa is home to more than 19 companies with annual revenues of more than $ 1 billion and 4 Fortune 500 companies. Tampa has a highly diversified economy with financial services, healthcare, research, education, and tourism. This attracts a large number of job seekers. Tampa, Florida is a good city to invest in property for these reasons:


Tampa has a population of 4 million and a local economy is worth over $ 130 billion. It is ranked among the 20 fastest growing cities in the United States. Tampa still has areas where real estate investors can find affordable housing, even as low as $ 90,000. These homes rent for $ 950 per month up to $ 1250 per month. The city is home to numerous Fortune 500 companies, including Publix Super Markets Inc., Jabil Circuit Inc., and WellCare Health Plans, Inc. Tampa continues to be a fantastic market to invest in real estate in the United States. The city provides many short-term rental opportunities.

3. Jacksonville, Florida



Median home sales price: $ 153,400
Average monthly rental price: $ 850 - $ 1000 In the last 10 years, the Jacksonville metropolitan area has grown by 20%. To date there are 1.3 million people living in this area, and the number is growing every year.
There are many reasons for this growth, and you can benefit if you want to invest in real estate in the United States. For starters, Jacksonville has a premium healthcare system. It has more than 20 hospitals and a growing bioscience community. Additionally, 13 Forbes Global 500 companies have operations in Jacksonville. With a cost of living below the national average, a wonderful climate and a good environment to start a business, we believe that Jacksonville is one of the best cities to invest in real estate in America. Jacksonville, Florida is good for investing in property for these reasons:


Jacksonville's population has grown 24.1% in population in the last decade. This is faster than Miami (16.4%) and Tampa (19.8%).
Job growth in Jacksonville is projected for nearly 40% over the next 10 years. In Jacksonville, the median home price is about $ 153,400, 23% less than the national average. A $ 100,000 home rents for 20.31% more than the national average. The expansion of the Panama Canal will help bring jobs to Jacksonville. This will likely result in population growth.

4. Cape Coral, Florida


Median home sales price: $ 199,500
Median Monthly Rental Price: $ 1,500 Known as Florida's "boater's paradise," Cape Coral is a fantastic area to invest in American real estate. This city is extremely promising, with a strong possibility of appreciation in the future. The interesting thing about this area is Cape Coral has been a vacation destination for many tourists. As a result, it was one of the worst hit cities during the 2008 real estate crisis. Property values ​​plummeted. However, the situation has changed. We think this is one of the best cities to invest in real estate in America as our research revealed that many baby boomers or retirees are retiring to Cape Coral. This means that vacation homes are becoming primary residences. As a result, rents in Cape Coral have increased by more than 26% in the last 12 months. And the retiree population remains one of the fastest growing groups in the United States.

Cape Coral, Florida is a good city to invest for these reasons:
Rent in Cape Coral 25.4% in the fourth quarter of 2015. Cape Coral has a faster rate of growth than major cities in the United States, such as San Francisco and Dallas. A 3 bedroom Cape Coral home rents for about $ 1,500 a month. 3 years ago, the median rent was $ 830. The city's population continues to grow rapidly, being one of the fastest growing in the United States.


5. Pittsburgh, Pennsylvania


Median home sales price: $ 150,000
Median Monthly Rental Price: $ 1,200 With a population of over 2.4 million, the Pittsburgh metropolitan area is the 22nd largest city in the United States. Pittsburg is known as "the city of bridges" as it has more than 446 bridges throughout the city.

Pittsburgh is home to great American companies. This makes it one of the best cities to invest in real estate in the United States, as its economy remains moderate. Its economy thrives on sectors such as health, education, technology, robotics, financial services, glass, and even film production. The region is also known for the production of oil and natural gas. It is also home to global financial institutions, including PNC Financial Services, the fifth largest bank in the United States. It is ranked as one of the 12 places to invest by the Pittsburgh Post Gazette. It is also one of the top 10 markets for home growth and remodeling. Prices in family homes have increased 12.6% and salaries offer a good lifestyle. This is why we believe that Pittsburgh is one of the best cities to invest in real estate in the United States.

Investing in real estate in Pittsburg, Pennsylvania makes sense because: The median sales price of a home in Pittsburgh remains low. However, you can get properties for $ 75,000 to $ 100,000. The average rent is around $ 1200 a month. This provides an opportunity for a quick and considerable return. In some areas, a 2-bedroom home rents for $ 1,550. The area enjoys a steady growth in home values, with an average increase of 2% per year.


6. Huntsville And Montgomery, Alabama


Median home sales price: $ 125,000
Median Monthly Rent Price: $ 900 Huntsville is the fourth city in Alabama, located in the northern part of the state. It is known for its rich heritage and a legacy of space missions. For this reason, it earned the nickname "Rocket City" during the 1960s.
Today, Huntsville is one of the best-known cities in the United States and one of the best cities to invest in real estate in the United States. Huntsville has recently been called one of the most affordable cities in the USA.
The city is known for its technology, space and defense industry. In fact, it has a NASA Marshall space center. The city is also the country for several Fortune 500 companies, which provide a broad base of factories and many jobs for its residents. Montgomery, Alabama, was one of 20 cities nominated as America's Best Historic City. The city has 8 colleges and universities. This gives way to more than 20,000 students inhabiting it. Median monthly rent in Montgomery is $ 818, one of the lowest in America. This can represent a great opportunity when investing in real estate in the United States. Montgomery and Huntsville enjoy low tax rates, which increases the return on investment. Additionally, homes and dwellings are between an average of $ 125,000. Thanks to the number of jobs this city offers, investors with quality housing can attract solid long-term tenants. It is also not uncommon to see foreclosure houses, 44% off their actual price.

Investing in properties in Huntsville and Montgomery, Alabama is good because: Huntsville is home to several prestigious universities, including Alabama A&M University, Oakwood University, and Alabama University. The Huntsville Space Center (S. Space & Rocket) Center is one of the most visited tourist attractions on the planet. Huntsville is known for its technology, space, and defense industries. Huntsville continues to lead growth in Alabama. It grows faster than any other city in the state. Huntsville enjoys low tax rates.


7. Houston, Texas



Median Home Sales Price: $ 392,674
Median Monthly Rent Price: $ 1,600 Houston is home to NASA Mission Control and an oil city. With 5.5 million inhabitants and a population growth of 15% in the last decade, this city offers many jobs, housing, leisure and outdoor activities. Home prices in Houston continue to climb, despite the recent decline in oil prices. Houston offers a stable real estate market, capable of growing the capital of the real estate investor. The city continues to attract many Americans for its jobs and city with the lowest cost of living. As a result, the demand for rentals in Houston is constantly increasing. These are great signs for investing in real estate in the United States.
Houston, Texas is a good city to invest in property for these reasons: Home prices rose 9.5% from last year Houston has great growth in new homes, but there is still not enough inventory to meet the demand. Prices are expected to continue to rise in 2021. The median rent is $ 1,600 and this number continues to grow. This makes it one of the best cities to invest in real estate in the United States. The area has many more than 1,475 foreclosure houses, allowing for a discount of up to 40%. The oil industry had been the largest employer for many years, but population growth has attracted new jobs.


8.  Cleveland, Ohio


Median Home Sales Price: $ 139,900
Median Monthly Rent Price: $ 850 Cleveland is one of the best real estate markets in the country, offering investors high liquidity and future growth. With a population of more than 2 million people, Cleveland has the 12th largest economic region in the United States. The growth of the city has attracted many millennials and people between 18 and 34 years of age. This demographic shift represents more professional workers and a much younger average population. Why? Downtown Cleveland has seen a renaissance in the last 5 years, with more than $ 19 billion invested in the last 10 years. This has created a mini boom in Cleveland, which is why it ranks high on our list of the best cities to invest in real estate in America. If you have the time to look for a good investment opportunity, you can buy a property in a good area for $ 70,000 to $ 85,000 and rent it for $ 800 to $ 1,000 a month.

Cleveland, Ohio is a good city to invest in real estate for these reasons: Cleveland has the fastest growing healthcare market in the United States (thanks to the renowned Cleveland Clinic). The city is known as a global center for health and innovation and is host to many medical conventions. It is home to 10 Fortune 500 companies and the number of jobs is abundant It has the second largest theater district in the United States, second only to New York. It is home to 3 of the nation's top sports teams, bringing billions of dollars to the area each year.

9. Cincinnati And Dayton, Ohio


Median Home Sales Price: $ 139,900
Median Monthly Rent Price: $ 1,150 Cincinnati is a unique and historic city, located in Ohio. Winston Churchill once said that "Cincinnati is the most beautiful of the inner cities of the American Union." It seems that a lot of people today agree with Churchill. With a population of 2.1 million, Cincinnati is one of the best cities to invest in real estate in the United States. This city is growing rapidly. Cincinnati and the neighboring city, Dayton are being developed in the commercial and residential area at an unprecedented rate. In fact, the area is among the 25 fastest growing cities in the United States. However, the cost of living and housing remain well below the national average. This represents an investment opportunity. Cincinnati has become a popular corporate office relocation destination. It is home to 10 Fortune 500 companies and 17 Fortune 1000 companies. These are all good signs for investors looking to make money off property and get rental cash flow.

Cincinnati and Dayton, Ohio are good cities to invest in real estate because: The area is among the 25 fastest growing cities in the United States. The area is 4th in the United States with new medical facilities Cincinnati recently completed an expansion of more than $ 160 million. Cincinnati was named one of the 10 hottest housing markets last year.


10. Chicago, Illinois


Median Home Sales Price: $ 252,000
Median Monthly Rental Price: $ 1,550 Known for its towering skyscrapers and famous businesses, "Windy City" is one of the few remaining US markets where great investment opportunities can still be found. It is very easy to see why it is one of the best cities to invest in real estate in the United States. Even though real estate prices have skyrocketed in the Chicago metropolitan area, you can find a great investment opportunity when buying homes outside of the city and in the suburbs. Prices in some of these areas have increased as much as 14%, just in the last year. However, many experts consider that the area is still undervalued. You can get rental houses for $ 80,000 to $ 150,000 and rent them at 1.2% of the purchase price. All of these factors indicate that Chicago is home to good news for property investors. In fact, Chicago is one of the last markets where home prices have yet to rise beyond their pre-2008 economic recession levels. Much of it is due to difficult-to-enforce laws. Smart investors can take advantage of this situation and purchase properties at a bargain price.


Chicago, Illinois is a good real estate investment opportunity: Chicago is the 3rd largest city in the United States and the 4th most economically powerful city in the world. It is still possible to find homes for sale for $ 120,000 to $ 160,000 Average rent is $ 1,550 per month. 57% of the population in Chicago live in rented houses 83% of Chicagoans live in a household for 1 year or more


11. Indianapolis, Indiana


Median Home Sales Price: $ 146,900
Median Monthly Rent Price: $ 900 With a metropolitan area of ​​nearly 2 million people, Indianapolis is the second largest city in the Midwest and the # 14 largest in the United States. Indianapolis home prices and cost of living are well below the national average. This makes it one of the best cities to invest in real estate in the United States. Indianapolis also has diverse jobs, great schools and universities. Sports teams are an important part of the economy. All of these factors indicate that it is a good time to become a homeowner in this city. You can buy already renovated properties for just $ 60,000 to $ 120,000 and rent them for $ 800 to $ 900. Indianapolis, Indiana is a good city to invest in real estate for these reasons: 3 Fortune 500 companies are headquartered in Indianapolis This city offers tax incentives for startups. Their jobs are expected to grow rapidly in the coming years It has a distribution center for companies such as FedEx, Amazon and Target Bio-tech jobs have grown rapidly in recent years.

12. Kansas City, Missouri


Median home sales price: $ 163,300
Average Monthly Rental Price: $ 800 - $ 1000 Kansas City is a city known for its sports, arts, and culture. What you probably don't know is that it is one of the most affordable cities to live in and one of the best cities to invest in real estate in the United States. In the last decade, the population in the metropolitan area has increased by 10.85%. Thanks to this, Kansas City has become an important sector for health, manufacturing and the automotive industry. In fact, the city creates more than 10,000 jobs on average year after year.

This population and economic growth is impressive. In recent years, many Americans have moved to Kansas City looking for companies and jobs. The result: These affordable markets are seeing a steady increase in rental demand.


13. Detroit, Michigan


Median home sales price: $ 65,000
Median Monthly Rent Price: $ 900 Detroit, the largest city in the state of Michigan, is known as the automotive capital of the world. The metropolitan area is home to companies such as General Motors, Ford, and Chrysler. This offers a wide range of jobs and the city receives billions of dollars invested in infrastructure every year. Detroit is also home to 100 Fortune 500 companies, including Quicken Loans, Kellogg’s, Whirlpool, and Walmart. It is also receiving investment in the areas of health, defense, aerospace and logistics. It's impossible for Detroit to go unnoticed when looking for the best cities to invest in America's real estate. Our research found that this may be the city with the best investment opportunity on our list. It may not seem like it due to the bad news that is being heard about this city, but the reforms that are expected in the coming years represent a great opportunity. Downtown Detroit is being totally revitalized with billions of dollars of real estate and construction activity. Also, many of the abandoned properties have been renovated. The truth is that Detroit is being revitalized and no one is talking about it. Best of all, you can buy renovated properties for $ 80,000 and in some cases as low as $ 50,000. For this reason we believe that Detroit is one of the best places to invest in rental properties in 2021.

The city of Detroit, Michigan is good for investing in property for these reasons: Detroit is also home to nearly 100 Fortune 500 companies Despite its reputation, several of the fastest growing industries are investing in sectors such as healthcare, defense, aerospace and logistics. The Michigan Business Development Program provides grants, loans, and other financial assistance to businesses. Michigan income taxes are among the lowest in the nation Michigan also has a lower cost of living than any other Midwestern state


14. Atlanta, Georgia


Median home sales price: $ 174,000
Median Monthly Rent Price: $ 1,335 For decades the Atlanta metropolitan area had experienced rapid growth, attracting families from across the southern United States. The population grew about 4% a year, but the economic recession put an end to this rapid growth. However, Atlanta is coming back to life and attracting a large population thanks to its property prices and low cost of living. We consider Atlanta among the best cities to invest in real estate in the United States as rental prices are among the highest returns in the country. You can buy a house for $ 125,000 to $ 175,000 and rent it for $ 1,3000. Additionally, property values ​​have risen 3% year-over-year in the last decade. Many companies have looked to Atlanta as their headquarters, including many film and movie production companies. This has created tons of jobs and continues to attract residents. Our prediction: In the next few years many people will call Atlanta their new home. Atlanta, Georgia is a good city to invest in property because: Last year 3-bedroom homes in Atlanta increased in value by 8.57%. This is much more than the average for the rest of the United States. Last year, the rental price of single-family homes grew by an average of 4.11%. Atlanta's population continues to grow at a faster rate than the national average. In the last year, 74,500 new jobs were created in Atlanta, with an annual growth rate of 2.85%.




No comments:

Post a Comment

EVERYTHING YOU NEED TO KNOW ABOUT FINANCING

If you are thinking of buying a home in South Florida, whether as an investment, residence, vacation or permanent, it is important that you...