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Updated over 5 years ago on . Most recent reply

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Patricia Steiner
  • Real Estate Broker
  • Hyde Park Tampa, FL
3,861
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Top Metros Where Renters Are Coming & Leaving...

Patricia Steiner
  • Real Estate Broker
  • Hyde Park Tampa, FL
Posted

Top 5 Metros Attracting Renters From Elsewhere

Denver:           48%

Baltimore:       47%

San Diego:       44%

Tampa:            44%

San Francisco:  44%

And, the Not So Good Top 5 Metros: Where Renters Are Looking To Leave

Orlando:           50%

Riverside, CA:   50%

Detroit:            47%

Chicago:           43%

Charlotte, NC:   41%

Source: Apartment List

See more at:
https://www.american-apartment-owners-association.org/property-management/latest-news/here-are-top-cities-where-renters-are-seeking-move/

A little commentary...chasing demand isn't a recommended investment strategy. What's hot today may or may not be hot tomorrow. But information like this is critical for investors in developing strategies to protect ROI and plan future acquisitions that will offset any downturn experienced in another market.

Knowledge is powerBe a force in your market!

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