Best Real Estate Markets for 2017

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Forbes has it’s list of the 20 best markets to invest in real estate for 2017. Topping the list are Dallas, Jacksonville, Orlando, Seattle, and West Palm Beach. You’ll notice the prevalence of cities in Florida, Texas, and the Southeast:

Other notable entries include:

  • Salt Lake City, UT
  • Tampa, FL
  • Nashville, TN
  • Grand Rapids, MI
  • Sacramento, CA
  • Charlotte, NC
  • Raleigh, NC
  • San Diego, CA
  • Las Vegas, NV
  • Atlanta, GA
  • Phoenix, AZ
  • San Antonio, TX

Forbes analysis is based primarily on expected price appreciation, looking at population growth and market forecasts. But there’s a word for investing in real estate simply because of expected growth… speculation. A careful investor should also consider what rental revenue a property can earn. Let’s look at current gross rent yield for the South Florida market:

Here we see strength not only in West Palm Beach, but also Fort Lauderdale and Miami. Combining this perspective with Forbes expected price growth analysis makes the South Florida market very attractive for investors.