Norada Real Estate Investments recently revealed its 21 best cities for real estate investment in 2022 and 2023, and Seattle made the list.
The firm looked at data and trends across the U.S. to determine its rankings, noting each city has its “own set of qualities and disadvantages, but many of them are less expensive than the national average.”
Norada cited Seattle’s population growth and strong labor market, indicating a robust rental market in the years to come. The city, which has some of the highest housing costs in the country, has ample property investment opportunities “for those who can afford it,” the firm said. It ranked Seattle No. 21 on its list; Spokane was No. 8.
The best cities for real estate investment in 2022 and 2023, according to Norada Real Estate Investments:
- Boise, Idaho
- Houston
- Dallas
- Las Vegas
- Atlanta
- Orlando
- Tampa
- Spokane
- Chicago
- Austin, Texas
- Columbus, Ohio
- Lakeland, Florida
- Ocala, Florida
- Birmingham, Alabama
- Durham, N.C.
- Charlotte, N.C.
- Colorado Springs, Colorado
- Denver
- Raleigh, N.C.
- Phoenix
- Seattle