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Top 5 Best Real Estate Markets 2019

Posted Thursday, November 7, 2019

After several years of slumps in the housing market nationwide, more and more areas are seeing light at the end of the tunnel. In fact, 2019 has shaped up to be one of the best in recent memory. As a result, more and more real estate professionals and investors are getting online leads from buyers and sellers. But to turn referral leads into sales, it takes paying attention to details, putting the customer first, and replying to leads as quickly as possible, often within a matter of minutes. As for the best real estate markets in 2019, here are the top five.

Boston
Considered one of America's classic cities, Boston's real estate market in 2019 has thrived. As more millennials and first-time home buyers move to the city, the need for housing has grown exponentially. This, along with excellent public schools and esteemed universities, are attracting many higher-educated families and individuals. Finally, the city's economic development has also expanded, with many new high-tech companies choosing to call Boston home.

Miami
For real estate investors, Miami is one of the best cities in the United States in which to find a great deal. With median home prices holding at $385,000, numerous bargains can be had by those who know what they want from a property. But along with reasonable prices, experts project sales growth will exceed four percent in 2019, and property values will increase by as much as five percent.

Las Vegas
As you know, what happens in Vegas stays in Vegas. If you happen to be a real estate agent or investor, that is a good thing. With the city's real estate market rebounding from years of doldrums, investors are finding bargains galore throughout the city. With many foreclosure properties on the market, converting referral leads into profitable deals is easier than ever.

Boise, Idaho
While Boise may not be on the radar of buyers or sellers in today's real estate market, it should be. With median housing prices being only $330,000 and home values projected to grow by as much as seven percent this year, there is no better time than now for people to sell properties or investors to buy from those eager to sell.

Bridgeport, CT
While located in close proximity to New York City, Bridgeport is viewed as a safe haven by real estate investors as well as those looking to buy higher-end properties without having to pay New York's "mansion tax," which places an additional charge of one percent on homes valued over $1 million dollars. With real estate sales in the city growing by five percent and home values increasing by four percent, agents and investors are finding whatever properties they are seeking.