As the June 2009 real estate market stats below indicate… the next 3-4 years is going to be a goldmine for savvy real estate investors who can stay disciplined and target the markets that are best poised for a great return.
As always, a great indicator for picking markets that will return the fastest and see some great growth is job proximity and the availability of jobs in the area. Job availability, especially right now w/ the high unemployment we’re seeing, will be a strong indicator for future real estate market growth in that area. Start doing your research and find out where the employers are moving to and where there is a good concentration of corporate headquarters, new businesses, etc.
This is no new news though… just the real estate cycle playing out as it always does.
Enjoy the June 2009 real estate stats report!
– Trevor
