Affordability and growth are two of the largest factors when choosing a sound real estate investment. Whether you’re looking for your forever home or hoping to expand your portfolio with some investment properties, real estate is almost always a sound decision.
Low median home prices mixed with high job growth and high population growth can make for the perfect investment storm. Getting into the market early, before people realize a city is a “hot spot” is key.
Our friends at Renoviso analyzed factors like CAP Rate, Glassdoor job growth ranking, population growth percent and single family home price, then assigned points for each rank in each category according to importance.
They determined the best cities for real estate investment and two Ohio cities made the list! Columbus ranked third because of our low median home price and in-demand seller’s market. The combination of a growing population and robust job market add to the investment potential.
You can view the whole list below. Don’t you agree it’s a great time to buy?
