Phoenix, Arizona
#2
Why It’s a Top Pick : Austin combines rapid growth with low unemployment and a tech- driven economy, making it a resilient and attractive market for investors. With a jobless rate below the national average and strong growth in tech, healthcare, and government sectors, Austin has been an anchor for both large companies (like Tesla and Apple) and startups alike. The city’s quality of life, coupled with no state income tax, makes it a relocation destination for professionals from more expensive metros. Austin’s housing demand continues to soar, with steady population growth contributing to rent appreciation. Why It’s a Top Pick: Phoenix has been a migration hotspot, attracting those moving from high-cost states, especially California, in search of affordability, job opportunities, and a desirable climate. In 2024, Phoenix gained over 75,000 new residents through net migration alone. The city’s diversified economy spans healthcare, technology, finance, and education, which provides stability and mitigates the risks associated with economic slowdowns. Multifamily occupancy rates and rent growth have been strong, making it a solid market for rental demand. Investment Highlights: High migration rate, diversified economy, attractive climate, population growth, and affordable housing compared to West Coast markets. Investment Highlights: Tech industry growth, low unemployment, job diversity, tax advantages, and strong migration trends.
Austin, Texas
#3
AUSTIN’S HOUSING DEMAND CONTINUES TO SOAR.
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