When we first started EquityMax, real estate investors tended to stay within their geographic proximity when searching for their next real estate project. Yet, as the ease of transacting business throughout the country has improved with technology, investors are finding themselves going outside their local comfort zones to find their next opportunity. This is but one the reasons that EquityMax has expanded to offering financing in 46 states. Not all cities, states, or regions offer the same volume of available properties or return on investment. At the same time, some areas negatively contain more dynamic volatility than more stable housing markets. Let’s delve into some national markets that any investor, no matter how near or far away, can invest in.
As one of the fastest-growing cities in Texas, Austin follows suit with an incredibly strong real estate market. Catering to seasoned investors, a niche industry that has blossomed of late is investing in student housing, as Austin is central to the biggest University in the state. Investing in commercial properties nearby gentrifying areas across town has also provided opportunities that didn’t exist in years past.
During the past 10 years, property values have increased in Austin by an average of approximately 11 percent per year, and the median housing price is about $530,000, making this one of the best cities in US to invest in real estate.
A few of the key benefits of Austin, TX include:
As one of the best markets for real estate investing in Tennessee after Nashville and Memphis, Knoxville provides a great gateway for starter investors who do not want to spend big money in other larger cities in the state. Being near other micro-markets like Chattanooga and the Smoky Mountains offers area investors a chance to branch out from their local market and still be within driving distance of their home base.
During the past 10 years, the value of the Knoxville real estate market has gone up by about 8 percent per year, and the current median home price is approximately $297,000.
Some of the top advantages of Knoxville, TN include:
The “Triangle” region within North Carolina is among the best national real estate markets to invest in, offering investors an opportunity to choose between the unique cities of Chapel Hill, Durham, and Raleigh. More than ever, biotech firms are opening up shop in the region, which has expanded the need for both upper-class and workforce housing.
This is perfect for those looking to capitalize on investment properties, whether you are a flipper or landlord. The “Triangle” region within North Carolina is among the best national real estate markets, offering investors an opportunity to choose between the unique cities of Chapel Hill, Durham, and Raleigh. More than ever, biotech firms are opening up shop in the region, which has expanded the need for both upper-class and workforce housing. This is perfect for those looking to capitalize on investment properties, whether you are a flipper or landlord.
During the past 10 years, real estate values in Raleigh have gone up by approximately 8.5 percent per year, and the median home price is $400,000.
The top benefits of the Raleigh market include:
As one of the major cities in the South – Atlanta – needs no introduction. The popular destination offers any and every type of real estate investment opportunity, Atlanta truly offers investors a “pick your poison” strategy. Central to the success of investors, whether investing in residential, commercial, or industrial, are the vast amounts of networking meetings across the metro-region, notably AtlantaREIA and GAREIA.
During the past 10 years, real estate values in Atlanta have gone up by approximately 9.25 percent per year, in which the median home price is approximately $400,000.
Atlanta, Georgia is home to a variety of major advantages, including:
As a hub of the Midwest, Chicago prides itself as a force behind the real estate investment growth of the entire country. Whether erecting new skyscrapers or re-developing past industrial warehousing neighborhoods into restaurant and social spaces, a myriad of opportunities has given new projects for investors to pour their money into.
During the past 10 years, the value of property has gone up by approximately 5 percent per year, and the median home price is about $281,000.
Chicago, Illinois has a lot to offer, including:
At EquityMax, we are proud to be one of the most trusted hard money lenders in the industry, and we prioritize speedy closings. We have a variety of flexible loan programs, so we can make time-sensitive deals happen, particularly with our pre-qualification process. If you are ready to apply for your next loan, contact us today!