With 2017 now in full swing, Forbes has released their 2017 list of the best cities for property investment. To compile the list, Forbes worked with Local Market Monitor to examine more than 300 housing markets and rank them based on the factors of population, jobs, and housing prices. For every city on the list, Local Market Monitor has estimated that home prices will grow by at least 17% by 2020. Although Dallas, Jacksonville, and Orlando dominate the list, Seattle follows in a close fourth place.
Forbes notes that Seattle home prices rose by 12% in the last year which is more than any other city on the list and currently the average home price is the second highest while the estimated growth by 2020 is expected to be 26%. Seattle currently has one of the hottest housing market in the nation and with both the population and jobs increasing, there is not enough housing inventory in the Seattle which has caused home prices to increase dramatically.
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To read the full article, please visit: Forbes | Where To Invest In Housing In 2017