There is a lot of dismal news about the real estate market if you are a seller, but if you are a buyer or an investor, the deals that you can find right now are unbelievable. In a report by Inman News, the top ranked real estate investment markets are in some of the most desired states to live in the country.
Texas has fared rather well through the economic storms of the last few years. In fact, in a recent report by the Bureau of Economic Analysis, Texas has passed New York to become the second largest economy in the United States. The booming economy is just one of the reasons why Texas appears on the top ranked markets to invest in. San Antonio, Texas ranked seventh on the large investment list. On the mid-size investor market Texas made the list three times: McAllen-Edinburg-Mission, Texas is at number eight, Corpus Christi, Texas at number seven, and Beaumont-Port Arthur, Texas tied for third.
California is the largest economy in the United States, and has been long considered one of the dream places to live in the country. It has some of the most desirable real estate in the nation, and it is now at the most affordable pricing it has ever been. It is no surprise that California has made both the mid-size and large investor lists with Riverside-San Bernardino-Ontario, California being the fourth on the highest ranked large investor market and Bakersfield, California making the mid-size list at number nine.
Along with California, Florida is one of the most sought after destinations in the United States. The Sunshine State has the fourth largest economy in the US, and it also has many of the markets that experts think are worth investing in. Port St. Lucie-Fort Pierce made the mid-size investor list at number six and Lakeland, Florida rounded out the top ten. When it comes to the large investor market, Florida makes up almost half of the top-ten list. Tampa-St. Petersburg-Clearwater came in at seventh, Jacksonville came in fifth, Orlando-Kissimmee grabbed the second place spot, and the top ranked large investor market in the country is Miami-Fort Lauderdale-Miami Beach.
After years of a constant up and down pricing battle, the U.S. housing market is finally returning to its’ normal state. With the housing market resembling normalcy for the first time since 1997, there is not a better time than now to get involved with the real estate industry.
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About Tom Davidson — Tom Davidson is Vice President of Express Schools, LLC. which operates online education providers Real Estate Express, Insurance License Express and License Tutor. Follow him on Twitter.