If you’re interested in purchasing property, that is likely to increase in value over the next ten years, simply continue reading to discover 4 of the best places to purchase property in 2017. Listed below are the best places to purchase property to rent and the best locations to purchase property to sell, for a profit.
4 of the best locations to purchase property in 2017:
If you’re a potential first time home owner, it’s well worth browsing properties for sale in Dallas, Texas. Dallas boasts a wide array of affordably priced properties, which are ideal for first time home owners. Better yet, the average property in metropolitan Dallas and Fort Worth, has increased in value by 5.6% over the past year. So if you’re looking to sell your Dallas property in 10 years, you can’t expect to make a tidy sum.
If you’re looking to purchase an investment property, to rent out, it’s well worth browsing properties in Seattle as Seattle’s population is set to rise by 5.4% over the next 12 months. That means that there will be thousands of new residents, looking for a property to rent.
As Seattle’s economy is going strength to strength, if you choose to live in your investment property, you’ll easily be able to find a suitable job in Seattle. If you’re keen in purchasing a home in Seattle, you should begin to search for suitable properties in the Northwest Bellevue region. As properties in the Northwest Bellevue region have increased in value by a staggering 9.2%, over the past 12 months. So, if you’re keen on purchasing a home, which you can sell for a profit, in the future, it’s well worth considering moving to Seattle!
- Silicon Valley, California
If you’re looking to purchase a property, to rent out, you may also be interested in purchasing a property in Silicon Valley. In 2016 Silicon Valley did not have enough rental properties to accommodate the influx of workers who moved to the area. As most Silicon Valley employees have a high disposable income, many Silicon Valley employees are willing to pay a steep rate for a comfortable rental property. In fact, it’s highly likely that you’ll have at least a dozen prospective tenants queuing up at your door, looking to rent your new property.
So, if you’re interested in getting into the property market but are concerned about being able to find a tenant in a short period, it’s well worth house hunting in Silicon Valley. If you’re keen to purchase an investment property this year it’s well worth getting in contact with Mushkatel, Robbins & Becker, PLLC for no obligation legal advice.
Chicago is an excellent location to search for an investment property. As an example, the median rent price for a 3-bedroom property in Chicago is $1,700. Better yet, the gross yield on a 3-bedroom property in Chicago is currently 15%. Alternatively, if you’re looking to move into your new investment property, you’ll fall in love with Chicago’s public amenities and facilities. As a bonus as Chicago’s economy is booming, you won’t have any difficulty finding a suitable job in Chicago.