3 Rental Property Markets That Are Getting HOT in Summer 2023

3 Rental Property Markets That Are Getting HOT in Summer 2023

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Publish Date:
June 13, 2023
Category:
Where to Buy
Video License
Standard License
Imported From:
Youtube





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Three housing markets could be primed for massive growth this summer. While boom towns like Austin, Boise, and Denver saw huge price run-ups just to suffer from devastating declines, the three markets we’re looking at today have kept their prices stable while increasing their populations and keeping inventory at rock-bottom levels. With more residents moving in but not enough homes on the market, price hikes could be in the cards for any of these markets.

We’re back with our VP of Data and Analytics at BiggerPockets, Dave Meyer. Dave has been keeping a sharp eye on the southeast, and for good reason. Since the pandemic, many southeast real estate markets stood firm while much of the West saw significant price drops. With demographic trends pointing in the right direction, Dave decided to do a data-first analysis of three of the most promising markets in the area, all with trends that EVERY investor should pay attention to. Want to know which markets look the best? Stick around!

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Listen to The “On The Market” Podcast Wherever You Listen to Podcasts:
Spotify: https://open.spotify.com/show/2NlzZ9NtHtZ2uBuaDNoGzY
Apple Podcasts: https://podcasts.apple.com/us/podcast/on-the-market/id1615086704
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Watch Dave on the “On The Market” YouTube Channel:
https://www.youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA
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Data and Trends For Each Metro Area:
Atlanta: https://www.biggerpockets.com/blog/atlanta-real-estate-market?utm_source=youtube&utm_medium=description&utm_campaign=none
Dallas: https://www.biggerpockets.com/blog/dallas-real-estate-market?utm_source=youtube&utm_medium=description&utm_campaign=none
Tampa: https://www.biggerpockets.com/blog/tampa-real-estate-market?utm_source=youtube&utm_medium=description&utm_campaign=none
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8 Homerun Housing Markets of 2022 (and Beyond!):
https://www.biggerpockets.com/blog/on-the-market-3?utm_source=youtube&utm_medium=description&utm_campaign=none
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Population and Unemployment Data:
https://fred.stlouisfed.org/
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Connect with Dave on BiggerPockets:
https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none
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Follow Dave on Instagram:
@thedatadeli or https://www.instagram.com/thedatadeli/
FRED® Graphs Federal Reserve Bank of St. Louis. 2022. All rights reserved. All FRED® Graphs appear courtesy of Federal Reserve Bank of St. Louis. https://fred.stlouisfed.org/

00:00 3 Hot Southeast Markets
01:51 Indicators to Watch
03:52 Tampa, Florida
08:31 Dallas, Texas
11:41 Atlanta, Georgia
14:05 Which Market to Choose?