Forbes Magazine has recently released an article listing the top 20 housing markets to invest in this year (2015). Florida is leading the ranking together with Texas.
The analysis was based on what is called the "Equilibrium Home Price", a measure that considers the relationship between home prices and income. Another important variable analyzed in the research was the job growth/economic growth of each market.
“In every market there’s a relatively fixed relationship between home prices and income,” says Winzer. “When prices go above that level, that’s really when markets are overpriced. In this strong real estate recession, prices have gone under this income price.”
After the 2008 real estate recession prices have gone under de equilibrium home price, and that is where opportunities are. It's a good moment to buy Florida and Miam Real Estate.
See more: http://www.forbes.com/sites/erincarlyle/2015/01/09/best-buy-cities-where-to-invest-in-housing-in-2015/
The analysis was based on what is called the "Equilibrium Home Price", a measure that considers the relationship between home prices and income. Another important variable analyzed in the research was the job growth/economic growth of each market.
“In every market there’s a relatively fixed relationship between home prices and income,” says Winzer. “When prices go above that level, that’s really when markets are overpriced. In this strong real estate recession, prices have gone under this income price.”
After the 2008 real estate recession prices have gone under de equilibrium home price, and that is where opportunities are. It's a good moment to buy Florida and Miam Real Estate.
See more: http://www.forbes.com/sites/erincarlyle/2015/01/09/best-buy-cities-where-to-invest-in-housing-in-2015/
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