The U.S. real estate market is rising, but many cities have already seen prices skyrocket in recent years. Consider these emerging markets if you’re looking for value and growth potential in a hot market:
Charlotte, North Carolina
Charlotte is the largest city in North Carolina, with a population of 854,035. It has been named “Banker Magazine’s Best Place to Live” three years in a row and one of America’s 30 Best Cities by Bloomberg Business week.
Real estate markets growing in the US have been known to experience rapid growth and appreciation in a short period. Charlotte is no exception; its real estate market has experienced impressive growth over the last several years. Prices have increased by more than 50% since the recession began, while inventory remains low.
The city has experienced rapid growth over the past decade due to its strong economy and low cost of living compared to other major metropolitan areas like New York City or San Francisco.
Charlotte was recently ranked as one of America’s 25 Fastest Growing Cities by WalletHub, which cited factors such as job opportunities and affordability as reasons why investors should consider investing here now before prices rise too high due to increased demand from new residents moving into town after hearing about how great it is!
Nashville, Tennessee
It’s one of the fastest-growing cities in America, with an average annual population growth rate of 2%. The city also has a reputation as one of the top places to live in America, according to U.S News & World Report’s annual rankings.
And because of its high quality of life, it attracts business investment and job creation from across the country–and around the world–which means there are plenty of opportunities for investors looking to build wealth through real estate investing (or buying into an established market).
Nashville is home to some big-name companies like Bridgestone Americas Tire Operations Inc., Ingram Barge Company Inc., Dollar General Corp., HCA Healthcare Inc., Nissan North America Inc., Pinnacle Financial Partners LCC and many more, which means plenty is going on here if you want your investments tied up directly into these companies’ success stories!
Indianapolis, Indiana
Indianapolis is the 14th most populous city in the United States, and it’s also home to one of the largest insurance industries in the country. This makes it an excellent choice for investors looking into real estate investment and those who want to invest in other industries like healthcare and technology.
Indianapolis’ population has been steadily growing due to its low cost of living and high quality of life (it’s ranked #1 on Forbes’ list of Best Places For Business And Careers). As a result, there are plenty of opportunities for investors looking for new opportunities within this market!
Jacksonville, Florida
Jacksonville is a growing city. The job market is also vital–the unemployment rate dropped to 3 percent in January 2019, down from 4 percent last year.
The city’s economy is doing well, too; it grew by 2.7 percent in 2018, making it one of the fastest-growing metropolitan areas on the East Coast (behind Washington, DC).
Jacksonville also offers plenty of business opportunities: it has been ranked #1 on Forbes’ list of “Best Cities For Businesses To Grow In” since 2017!
Raleigh-Durham, North Carolina
It’s also an excellent spot for families, with plenty of things for kids to do. The city has seen its population grow by almost 10 percent since 2010, which means there are plenty of new residents looking for homes in the area.
If you’re interested in investing in real estate but don’t have much cash on hand, check out this list of four emerging markets where you can get started today:
Louisville, Kentucky
Louisville is a city on the rise. It’s home to some of the best museums in the country (the Speed Art Museum and Muhammad Ali Center), tons of restaurants, bars, and breweries, and plenty of sports teams–including one that just won its first National Championship in men’s basketball.
Austin, Texas
Austin has a thriving tech and startup scene. The city has been called “the Silicon Hills,” as it’s home to several high-growth companies like Dell, Whole Foods Market, Apple Inc., Facebook, and many others.
Austin is also one of America’s fastest-growing cities- its population increased by more than 60% between 2000 and 2010 alone- so if you’re looking for an emerging real estate market with long-term growth potential, this might be your best bet!
There you go!
The U.S. economy is booming and showing no signs of slowing down anytime soon. As the nation’s leading real estate investor, we’ve seen this trend firsthand and are here to help you capitalize on it by investing in some of the hottest markets around the country.
