Investing in real estate – and especially in rentals – will be a good move in 2019, Even with interest rates inching up.
A meteoric rise in home values is not guaranteed for every city, but these are the markets where you are most likely to get a decent return on your investment without outsized risk. Orlando, Florida ranked #1 on that very list where the average home price was $247,550.
1. Orlando, Fla. Average home price: $247,550 3-year population growth: 7.6% 2-year job growth: 7.1% Today In: Business 1-year home price growth: 9% 3-year price growth forecast: 35%
Home prices have increased between 5 and 10% in the past year, but that hasn't stopped anyone from investing. Look at how home prices compare to the average income price, a metric that was developed nearly 30 years ago to identify bubbles in markets reliably. The best market to look in is in the Target Rent Range, where the renters are.