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Wednesday, 29 January 2020
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Agent Resource Center

5 Exploding Real Estate Markets for 2015

Written by Posted On Monday, 16 March 2015 00:38

With 2015 now upon us, it is a good time to look at what will be some of the fastest growing real estate markets in the United States. By knowing which markets are going to be the fastest growing, you can get in early and get yourself some really good deals. Investing in real estate isn't easy, but there are some things you can do to improve your odds of making some money. If you need help, you can check these guys out who have a strong knowledge of one of the hottest markets in America, New York City.

Tzviki Ben David of Invest-BH.com, uses crowdfunding to invest in high yield real estate projects, he told me “We are seeing crowdfunding move into Wall Street, the Upper East Side, and now even lower income areas such as the Bronx and Queens. It truly is great to see.  For example, Brooklyn, once a poverty stricken borough, has become a hotbed of tech startups doing high end upgrades to very old buildings, while leaving the look and feel of the original property intact. Friends and family money is being used to purchase the buildings for the tech startups as well as the startup itself. America is back, and it’s less about easy money with bad lending practices, more about innovation and true value in the marketplace.”

For starters though, you at least want to know where you should begin searching for a place to buy. When it comes to real estate, it is important to get the property for as little as you can, and then sell it for as much as you can. If you have been looking for some places to invest in real estate, or if you are looking to move and you want to go someplace that is on the rise, consider looking into the markets listed below.

Atlanta – One of the markets that is suspected to grow the most in 2015 is Atlanta. During the housing bubble crisis a few years ago, Atlanta was hit pretty hard. While many of the markets that were hit at the time have started to rebound, Atlanta has taken a little longer to start making a comeback. Over the next 5 years Atlanta is expected to see a 7% growth, which is more than most areas. With suburbs potentially going out of style, now is a good time to start looking into cities. With their low housing prices and the upward projections, Atlanta is a good place to start your search.

Dallas – Another city to look into is Dallas. Dallas was able to maintain most of its economic health during the recession, and they are still growing strong after. It set a new employment record for 2014, showing that more and more jobs are being moved to Dallas. With its expected 3% growth over the next year, some are predicting that over the next 5 years Dallas will lead the country in new houses formed.

Denver – The temperatures might be cold there during the Winter, but the housing prices are red-hot. Of any major market, Denver is expected to see the largest increase in home sales. Since the beginning of the recovery, Denver has had a good track record at maintaining their economic growth, and it is even starting to set some employment records. Housing prices are starting to go up in this city however, so if you are going to go there, you should think about doing so sooner rather than later.

Des Moines, Iowa – Our last market to look into is Des Moines, Iowa. This small Mid-western area may seem like a surprise when compared to the major cities listed above, but it has something those cities do not – affordability. The median home price in Des Moines is well below the national average, making it one of the cheaper places to live. Local unemployment rate was at only 4.1% recently, making it also one of the lower unemployed rates in the country. This area is seeing an influx of the younger generation, clearly looking for some place to live that is affordable and on the upswing.

There are a lot of places you can look when you are looking to purchase a home, or invest in real estate. However it is a good idea to first look into the places that are expected to see a substantial amount of growth. By doing so, you have a better chance of increasing your property's value and making some money. Start your search in one of the places listed above and you will be very happy with the returns you get. Good luck!

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Ashley Mills

This is Ashley a blogger and independent freelance journalist. Working as an independent media consultant since 2006. I've contributed a lot of news articles, ideas, inventions and more on various online weblogs.

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