Investors are looking at the new year as a fresh opportunity to make their dreams of owning a home or a property or a plot come true and the best picks to invest in the USA in 2022 are mentioned below by Famed Real Estate Strategist cum Advisor, Hirav Shah.
Table of Contents
1.Austin, Texas Real Estate in 2022 :
Austin is the 11th most populated city and the state capital of Texas.The city is amazingly located in the Hill Country region of Central Texas, surrounded by lakes and rivers, including the very famous Colorado River.
Austin has been ranked as the #1 hottest housing market of 2022 by Hirav Shah, The Most Influential Real Estate Strategist Of India.
Its real estate market stands out because of the outperformance of the local tech world, shift to remote work, and relative affordability. Despite single-family home prices increasing by more than 33% (through the 3rd quarter of last year), houses in Austin are still half as pricey as in other major metros.
2.Raleigh-Durham, North Carolina Real Estate in 2022 :
This southern metropolis is the capital of North Carolina and also the second-largest city in the state. Based on important metrics such as economic vitality, housing market, and quality of life, Raleigh-Durham is one of the hottest housing markets for homeowners and investors alike.
Real Estate Investment in Raleigh is a major store of revenue and wealth that is more widely held than stocks. So, don’t ignore Raleigh-Durham as far as real estate investment is concerned.
3.Tampa, Florida Real Estate in 2022 :
First things first. Tampa is a superb place to stay and do business. And hence, Tampa Bay ranks as the 7th hottest metro area for investors nationwide.
There is a record buying of homes in Tampa. In the last quarter of 2021, one in four homes that sold had an investor as the buyer.
The rising price of homes in Tampa and across the state are pushing potential buyers into the rental market too. All in all, Tampa is the place you should consider real estate investing in 2022.
4.Cleveland, Ohio Real Estate in 2022 :
Renters have occupied more than 50% of the households in Cleveland making the market perfect for rental property investors. In fact, Cleveland is one of the topmost housing markets to watch out for in 2022.
With some homes going under contract the same day they are listed, the real estate market in Cleveland is competitive indeed.
Since prices here are still very affordable, it is one of the reasons that homes are selling very quickly in Cleveland.
In a nutshell, Cleveland is one of the hottest real estate investment destinations in the US in 2022.
5.Phoenix, Arizona Real Estate in 2022 :
Phoenix, Nicknamed the Valley of the Sun, is the capital of Arizona and the most populous city in the state. Due to the metro area’s double-digit rent growth and high price-to-rent ratio.1, real estate investors are buying more homes in Phoenix than in any of the other top 30 markets in the U.S.
Various factors such as a lower cost of living and amazingly wonderful weather are driving the demand for housing in Phoenix. So, keep Phoenix in the top of your charts while investing in the US in 2022.
Final Thoughts
Despite real estate in the US being not immune to major cyclical changes, it is still seen as one of the most stable and profitable markets in the U.S.-Opines Hirav Shah, Renowned Real Estate Strategist, Astrologer and Advisor.
If you are hence looking for the top 5 cities to invest in the US, then Hirav Shah has just picked his best picks in this article, just for you!
