Where to Invest in Housing

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Recent headlines appearing in publications across the U.S. have been calling to the rising prices of real estate, the rates at which the housing market is finally bouncing back after the recession, and steady mortgage rates continuing into the homebuying season. So, if someone asked me if now was the time to invest in real estate? I would have to answer with a resounding “yes!” And Forbes agrees. In a recent feature, the company made a list of the best places to invest in housing in 2017.

The list was created with Local Market Monitor, a North Carolina-based company that tracks more than 300 housing markets. For this report, they focused on population size, job market, and home prices. In their number one spot, Dallas, Texas is expected to grow the most of any listed city. Also, Forbes reports that “homes in Dallas are undervalued compared to historic averages and local income.”

Seattle came in at number four on the list but the average home price is second. “Prices in Seattle rose 12% last year, the most of any list city,” the article states. Local Market Monitor CEO Ingo Winzer was stated as saying, “In the very top markets, both population and jobs are growing at high rates and builders aren’t able to keep up, which is why home prices have increased rapidly and rental demand will be strong.”

Other cities on in the top five are all in Florida: Jacksonville, Orlando, and West Palm Beach. All of these cities have projected growth rates that greatly exceed the national average in the next three years. Interestingly enough, our neighbors to the south (Portland, Oregon) don’t appear on the list of twenty cities at all.

To read the full report, please visit Forbes.

Karen Keefe

A savvy Realtor who listens to her clients. Creating positive results are the driving forces that underscore Karen's nearly decade of real estate experience. A resident of Bainbridge Island and Kitsap County for 38 years where she raised her 3 children. . So no matter what property type or price point, she has always been dedicated to offering extraordinary service. Karen is a second generation real estate professional and has been a licensed residential broker since 2006 with roots deeply embedded in Bainbridge Island and North Kitsap for over 32 years.

Karen is dedicated to partnering with her clients, listening to their unique needs and assisting them in navigating a dynamic marketplace with the goal of a smooth and successful transaction. Selling a home is more than sticking a sign in the ground and waiting for the phone to ring. Karen brings a team of professionals with a proven track record; from an award-winning marketing team and professional photography to a gardener and home stager. She has the proven history of making sure the job is done right the first time