TOP real estate market to watch in 2019

10 Replies

PricewaterhouseCoopers and the Urban Land Institute ranked 78 US Real Estate markets for overall prospects in 2019.

Dallas-Fort Worth has been named the top real estate market to watch in 2019

Why Dallas…

  • Low cost of living
  • Low cost of doing business
  • Tax efficiency
  • Population growth rate is projected to be more than two times the national average in 2019.

Top 10

  • Dallas/Fort Worth, TX
  • Brooklyn, NY
  • Raleigh-Durham, NC
  • Orlando, FL
  • Nashville, TN
  • Austin, TX
  • Boston, MA
  • Denver, CO
  • Charlotte, NC
  • Tampa, FL

Detail Report

(Overall Prospect - page 37)

Texas is definitely a pro-business state.

@Brian Ploszay , Yes... Texas is very business friendly state and now diversified with so many industries... even oil crash did not impact in last few years.

I am surprised to see Brooklyn and Boston in this list... People who invest in these area... please provide some insight... How numbers works in this area... must be flip deal... as buy and hold is very hard in those two area...

Boston continues to grow and add lots of housing.  Maybe that has something to do with it?

@Chris Roche , Yes... that must may be the reason. These are general numbers, not just investment properties.

@Scott Morongell , NC is booming just like Texas... Great market to invest in MF.

Do you invest in SC market too? I see lot of good MF for sale in SC.

@Shital Thakkar  I specialize in the greater Boston market - specifically south Boston area.  Like any area there are nuances and submarkets that are 'easier' to get into than other areas - lower cost inventory.  There is opportunity in any market and just a matter of strategy.  To be profitable and effective in the Boston market - its about knowing your entry point.  In the Cambridge-Somerville area, triple deckers in need of repair easily go for multi-millions, you need a lot of capital upfront for downpayment and rehab costs and you are relying on appreciation to build equity - the flip and condo conversion is a popular option in these areas.  I'm currently doing a condo conversion project in Medford for a quick return.  Looking at areas a little farther out in the greater Boston area - like Dorchester, where triple decker multifams can be in the 500k-900k range, is where I focus my buy and hold strategy.  

So thankful to see that #Jacksonville is cooling off for investors. 

  1. Boston
  2. Seattle
  3. Denver
  4. Austin
  5. New York-Brooklyn
  6. Nashville

All seem to be the really hot markets.

#Jacksonville a tepid 55 on the list. Thankfully! 

@Scott Morongell very interested in NC. I’m currently out of state investing in PA. Would you be willing to direct message me to chat? Thanks!

@Jr Trotta Dislcaimer: I am in no way affiliated with the following: Housingalerts.com (Ken Wade) has two videos of the top 50 markets on YouTube. They promote their software and the metrics that go along with it. I must say it's interesting.

Originally posted by @Jr Trotta :

@Scott Morongell very interested in NC. I’m currently out of state investing in PA. Would you be willing to direct message me to chat? Thanks!

sure, always willing to help when possible.

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