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Dec 28

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Real Estate Investing- The HOTTEST real estate markets in 2020

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One things is for sure when determining a HOT REAL ESTATE INVESTMENT AREA is that buyers buy in areas where they can sell and make a profit. As a wholesaler we should always be researching to see where these HOT POCKETS are so we can jump in ahead of everyone else and start finding the deals before the area gets flooded with other wholesalers. Wholesalers should keep their eyes on the cities with the highest job growth coming in the future… this will mean employment opportunities which will draw people who will need housing which will in return rebound housing prices…. you get where I am going right?

In 2014 The Bureau of Labor Statistics released its employment projections through 2020.

Below then is the BLS’s list of the top 10 U.S. metro areas (out of the top 100 largest metros) for projected job growth:

1. Washington-Arlington-Alexandria, DC-VA-MD-WV
2. Bethesda-Rockville-Frederick, MD
3. Colorado Springs, CO
4. New York-White Plains-Wayne, NY-NJ
5. El Paso, TX
6. Springfield, MA
7. Baton Rouge, LA
8. Tacoma, WA
9. Baltimore-Towson, MD
10. San Antonio-New Braunfels, TX

You can read the full article at theatlanticcities.com under the “Jobs ^& Economy” tab.

If this prediction is correct than these are the areas that wholesalers will want to focus on. When you find a property in those areas you can market it to your buyer using these statistics. By staying one step ahead of everyone else and knowing where these hot markets are you will earn credibility with your buyers and quickly become their best friend.

Wholesalers should be more than a one stop shop for properties. We need to be able to steer our buyers to areas where they can effectively build their portfolio and make money. I know I am always researching to see where the HOT pockets are. I research where the jobs are and where they will be coming because those are the areas where people will be moving to find the jobs. This means they will need housing and sowing the ground before they get there will put you one step ahead of everyone else and reap you in some nice profit when they arrive.

Along with the ten HOT areas you must also be aware of the areas that will be taking the hardest hit in the future. The areas where jobs will decline and therefore buyers will stop buying…

And the bottom ten metros (the first metro listed is projected to have the slowest growth):

1. Greensboro-High Point, NC
2. Gary, IN
3. Los Angeles-Long Beach-Glendale, CA
4. Grand Rapids-Wyoming, MI
5. Columbia, SC
6. Detroit-Livonia-Dearborn, MI
7. Cincinnati-Middletown, OH-KY-IN
8. Milwaukee-Waukesha-West Allis, WI
9. Oxnard-Thousand Oaks-Ventura, CA
10. Salt Lake City, UT

There is a very interesting article on this at theatlanticcities.com ” Where the jobs will be in 2020″

Being an effective wholesaler means being in step with the buyers… actually I like staying one step ahead of them.

To Your Success,
Carol Stinson

About the author

cstinson

Carol Stinson is a Real Estate Mentor, Author and Entrepreneur who continues to thrive in today's real estate market. Her concept of success is to never stop learning new techniques and then put what you learn into action expecting results. She is dedicated to helping others succeed by sharing what works in today's real estate market. Her strategies are effective, her techniques work and she is always updating them to conform to the ever changing real estate market.

Carol's biggest passion is people! Her love for others and dedication to help them succeed is genuine and ongoing. She created Real Wholesaling in an effort to help others find their way to financial freedom through real estate.

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