10 Hottest Real Estate Markets To Watch In 2017
Whether you’re looking for an investment or a new city with new opportunities, Trulia has compiled a list of the top 10 real estate markets poised for growth in 2017 based on five key metrics including high affordability, strong job growth, low vacancy rates, home searches on Trulia, and, because of the 2016 election’s outcome, a big population of Republicans. Did your favorite city make the cut?
The answer is...Yes we did!
2. Cape Coral–Fort Myers, FL: Baseball’s king in the spring
Sure, the weather is certainly a huge draw for this area of the country. But the reason this metro came in at number two goes beyond sunny skies and 80-degree weather. One word: jobs. It has high job growth (fourth in the nation!) and a sharp drop in vacancy rates over the past year. Many of those jobs stem from the hospitality industry and real estate. “And then Fort Myers, FL is home to baseball’s Boston Red Sox and Minnesota Twins during spring training every year, which boosts the economy even more every spring,” says one local Cape Coral, FL, Realtor.
Thinking of purchasing an income producing property or a primary residence in Ft Myers or Cape Coral? We can help! Contact your Sun Realty agent today.
Excerpts courtesy of Forbes.com