So, you are thinking about investing in some kind of property, so you can make sure that your money is kept safe, with no risk of loss or what so ever. But you have no clue or any idea about what sort of property you should invest in and an even more important question should be that what location is best to buy or invest in a real estate property? The best part of real estate investment is that it is the buying of an income stream and other than that has a lot more advantages over other types of investment. For instance, investing in properties especially real estate properties come with a lot of perks like potentially higher returns, inflation hedging, stability, and diversification. So, only for your ease and comfort, we have compiled a list of top seven places which are best if you want to invest in real estate property in the United States of America.
1.) California Also Known as The Golden State
California is one of the top states that come in one of the best places to invest in real estate property. California state also comes in very high ranking at Realtor.com. But the only and most important issue with this state is the shortage of homes in the city, this makes the investors and buyers skeptical from buying homes in the state. Still, it has one of the highest-ranking in the real estate house market.
2.) The State of Utah Also Known as The Beehive State
The State of Utah also is one of the top states that are prominent in one of the best places to invest in real estate property. The real secret to Utah’s success in terms of the property house value lies in the fact that it is the most renowned state among all the relocating companies in the United States of America. The city is predicted to have the best job and the highest salary growth in the coming years. A house increases of 3.2% is predicted for the coming year.
3.) Colorado City Also Known as The Centennial State
This might be a shocker to a lot of you guys but the Centennial State also known as Colorado state is also listed in the top rankings in real estate home values across the United States of America. The average house sales value in the state of Colorado is around $378,300. Colorado home values have also one up around 3.4% or even higher in the past few years, and even after this incredible rise it has a prediction of the rise of 1.5% in the next few years. The average list price per square foot in Colorado is $263. The prices of homes that are currently listed in the state of Colorado and the prices for the homes that have been sold already range from almost $431,900 to $366,800.
4.) Tennessee Also Known as The Volunteer State
Now even though the state of Tennesse is coming in the last place, that does not mean that the city has no market value. The state of Tennessee still ranks in one of the best places to invest in or buy real estate property. The average house sales value in the state of Tennesse is around $168,600. Tennessee home values have also one up around 6.0% or even higher in the past few years, and even after this incredible rise it has a prediction of the rise of 3.1% in the next few years. The average list price per square foot in the state of Tennessee is $136. The prices of homes that are currently listed in the state of Tennessee is $259,800 and the average rent price in the state of Tennesse is $1,400
5.) The State of North Carolina Also Known as The Tar Heel State
The city of North Carolina is also one of the most important and recommended places to buy or invest in property. The average real estate value in North Carolina in almost $186.800. The values of real estate in North Carolina have gone up 7.1% in the previous years, even then there is a prediction of a 3.9% increase in the real estate values within the next year. The average list price per square foot in North Carolina is around $135. The prices of homes that are currently listed in North Carolina and the prices for the homes that have been sold already, range from almost $275,000 to $203,500.
6.) The State Florida Also Known as the Sun Shine State
As the name suggests, Florida is home to one of the most booming and flourishing values, especially for real estate property. The prices are as high as the sun and are shining like one as well. From the stats of the home market in the state, Florida is not new to top ranking in the house market performance in the states. Especially in places like Champions Gate. The values of places like these are so huge, that even just by looking at Champions Gate FL Real Estate values we can identify that Florida is one of the best places to invest in real estate property.
7.) The State of Texas Also Known as The Lone Star State
Texas has the second place for the best values of real estate property. According to all real estate sites, Texas is home to a booming economy. Maybe that is the reason why most of the striving companies choose to expand, relocate or launch their business here. So, if you are looking for a steady income, this might be the best spot for buying a property.
So now that we are aware of all the numbers and stats of investing money in different states of our country and we now know how the prices or home values differ from place to place, we can evaluate that purchasing a real estate property is the best way to double or even triple our money and savings, and by doing that you will be able to attain more sustainability. So, if now you know everything about the real estate values, so it is better if you start investing in some property and making all of those savings pay off.