The Top 15 US Cities for Real Estate Investment
The market for temporary rental housing is expanding all over the United States. More and more corporations are recruiting from outside of their local areas and attracting their new talent with perks like staying in luxury condos and houses to make the relocation process more streamlined. They’re also sending a lot of people to different offices across the country for short-term contracts, and these workers need quality temporary housing.
All in all, with the economy recovering rapidly and showing real signs of growth once more, as well as more people renting instead of buying, there’s never been a better time to get into investing in temporary rental housing than right now. Furthermore, you might be surprised at the range of markets you could choose to invest in. According to recent market research, the top 15 cities for real estate investment in the US are:
1. Los Angeles
2. Boston
3. San Francisco
4. Chicago
5. Washington DC
6. Dallas
7. San Jose
8. Philadelphia
9. Houston
10. Atlanta
11. San Diego
12. Denver
13. Phoenix
14. Miami
15. Seattle
This list is interesting for a couple of reasons. First, all 15 of these cities are not only the top cities to invest in real estate in the United States — they’re also in the list of the top 30 cities to invest in real estate in the entire world. Second, they are located all across the United States in a huge variety of places.
But why does that matter? Basically, a lot of would-be real estate investors have the idea that they need to live somewhere like New York City to make a profit on short-term temporary housing. However, you’ll note that New York isn’t even on the list (though it’s still a great place to invest). And, if you look at the different regions of the country that this list represents, you’ll see that almost anyone looking to invest in real estate can take advantage of some of the very best markets in the country, and they can do it close to home.
If you’re interested in getting the most from your real estate investment, you should consider temporary rental housing in one of these markets. Property owners in these cities see a steady stream of renters and rental income each year, and they can rent their properties whenever they like without a long-term lease. If you’re near one of these cities, you might want to consider investing some of your capital in short-term rental real estate.
