If you’re thinking of investing in real estate, there’s no time like the present. Prices are expected to increase throughout the year as the economy recovers from the effects of the Covid-19 pandemic. While there are many regions in the country that are great for real estate investors, these are twelve of the best cities to buy property in 2022:
1. Phoenix, Arizona
Not only is Phoenix located in the heart of the nation’s sunbelt, but the homes for sale in Phoenix with a pool are in significantly high demand. Furthermore, you can choose from a wide range of urban and suburban settings in this iconic city and the surrounding area. Here are a few advantages that it has to offer in 2022:
- Phoenix offers a thriving tech sector and ample job opportunities in general, which helps to ensure a steady influx of new residents. That’s because of the city’s business-friendly policies, which have led to many high-paying jobs.
- Many experts feel that the city’s low taxes and real estate prices make it perfect for retirees, and the state is very tax-friendly.
- Phoenix has a strong tourism economy, which makes it perfect for short-term rental home investment.
- There’s a housing inventory shortage in the city, and this is likely to lead to increasing real estate prices.
- The city’s cost of living is lower than California and New York, but the standard of living is significantly higher.
- The area surrounding the city offers a wide range of outdoor activities.
2. Charlotte, North Carolina
Charlotte, North Carolina is a beautiful and historic city, which truly offers something for everyone. Not only is it home to some of the state’s most famous universities, but it also features a thriving job market. Both of these factors help to ensure the long-term stability of real estate investments in the region.
3. Jacksonville, Florida
If you’re looking for a city that offers beautiful beaches and some of the nation’s best real estate, Jacksonville has just what you need. Not only does this iconic Florida city feature apartments and houses at all price ranges, but it’s considered to be one of the best real estate markets for 2022.
In fact, the average home value in Jacksonville rose by a whopping 22% in 2021! Many experts believe that the appreciation may be even higher in 2022.
4. Raleigh, North Carolina
Raleigh offers some of the best real estates in the country for investors. Not only are homes in the region expected to increase in value throughout the foreseeable future, but the city features a wide range of attractions that help to ensure that properties in the area will remain stable for many years to come. Furthermore, the state is very tax-friendly.
5. Atlanta, Georgia
You can rest assured that the city of Atlanta, Georgia offers some of the best real estate investments in the southeast. Not only do the city’s unique neighborhoods offer exceptional opportunities for real estate investors, but the city also has a rich history, plenty of job opportunities, and much more.
This will help to ensure that your real estate investment will remain valuable for many years to come. Here are a few other advantages of investing in Atlanta real estate:
- There are numerous suburbs of Atlanta that offer affordably priced real estate, and many of these regions are experiencing rapidly increasing real estate prices.
- Metro Atlanta real estate prices are expected to rise by an average of 18% in 2022.
- The average price of a home in the Atlanta area is expected to rise to approximately $372,000 in 2022. This is an increase of approximately $100,000 since 2019.
6. Dallas-Fort Worth, Texas
If you’re looking for some of the best real estates in the country, you can rest assured that Dallas-Fort Worth is the destination for you. The region features lots of job opportunities, which helps to ensure that there will be a steady influx of new residents throughout the foreseeable future.
This will help to ensure that real estate in the area will remain valuable for many years to come. Furthermore, real estate prices rose by approximately 20% from 2020 to 2021.
7. Orlando, Florida
Orlando, Florida offers some of the best opportunities for real estate investors in the country. Furthermore, it’s located near Disney World, which helps to ensure that the region is likely to attract new buyers for years to come.
This helps to ensure that the properties you buy in the region are likely to retain their value for many years to come. Also, the city features numerous unique neighborhoods, which will continue to attract new residents throughout 2022 and beyond.
8. Fort Lauderdale, Florida
Fort Lauderdale, Florida is one of the best cities for real estate investors in the country. Not only does it feature a unique combination of beautiful beaches and a cosmopolitan atmosphere, but it’s also known for being located near the site of NASA shuttle launches.
This helps to ensure that the region will stay on the map for many years to come, and this will play a strong role in ensuring that there’s a steady influx of new residents.
9. Denver, Colorado
Not only does the mile-high city offer lots of opportunities for outdoor enthusiasts, but it also features an exceptional real estate market. The city has the thriving tech and financial sectors, which attract jobs to the area.
Furthermore, the city is also known for hosting many sporting events and as the home of the Denver Broncos. Here’s what you need to know about investing in real estate in this iconic city:
- Housing in Denver is relatively affordable compared to many other major metropolitan areas, and you’ll be able to find properties that offer plenty of yard space.
- Despite the city’s snowy winters, you’ll be able to enjoy lots of warm and sunny winter days.
- On average, real estate in Denver increases in value by a whopping 6 percent per year.
10. Indianapolis, Indiana
Indianapolis features properties at all prices ranges, which are perfect for investors. Not only does Indianapolis feature some of the best real estates in the country, but it’s also well-known as the site of one of the nation’s largest race tracks.
Furthermore, it features numerous unique neighborhoods, which offer perfect opportunities for real estate investors. Home sales in the metro area are expected to increase by 15% in 2022.
11. Salt Lake City, Utah
Many experts feel that Salt Lake City will offer the best real estate market in 2022. An 8.5% increase in prices is anticipated in 2022 along with a 15.2% increase in sales.
12. Nashville, Tennessee
Not only is Nashville well-known as the home of country music, but it’s also known for being one of the best places to invest in real estate during 2022. In fact, the median home price rose by a whopping 22% in 2021.