Photo by Maria Ziegler on Unsplash
Written by Melanie Kershaw | Stacker
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When considering real estate as an investment, usually the first question that comes to mind is, “Where?” With “location, location, location” still the top three criteria for a good buy, it’s no wonder real estate professionals across the country focus so much attention on trying to predict where the next best bet will be.
In the past few years, the biggest trend in real estate has been migration. People keep heading to good weather, more space, and more affordable locations within the U.S. Cost of living and quality of life are becoming more influential, alongside usual factors such as strong labor markets.
So where are the cities that potential real estate investors should be focusing their search for a good deal? And for homeowners considering holding onto property to rent out, are there big opportunities in your city? For clues on where the next emerging markets could be, Belong took a look through PwC’s latest report, “Emerging Trends in Real Estate 2024.”