At Local Market Monitor, we identify markets throughout the country where the climate is favorable for investors.
We looked at the economic situation in every county in the US, with particular attention to job growth, population growth, and the balance between the supply and demand for housing.
Our three-year forecasts of housing needs and home prices in every county are the foundation for our picks. New jobs create new demand for housing, and in the top spots that demand is high compared to how much is available – in some, a ten percent increase of the existing housing is needed over the next three years. That’s a lot, probably more than builders can build, which means that rents will have to go up.
At the same time, home prices in most of these markets will continue to rise at above-average rates. Investors are likely to have their cake and eat it too – a rising income stream and a higher asset value.
Best Bet for Real Estate Investment in North Carolina-2017
Wake County
Raleigh. We expect a 22 percent rise in home prices over the next three years, and a need for 10 percent more housing. The university provides a large renter population.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.
