Dave Meyer is back on this Saturday edition to spit some facts on housing market data. He’s compiled a list of the country’s most affordable real estate markets, proving it’s STILL possible to invest in this harsh housing market. Dave set up some criteria to compile this list: 1. The city had to have an average housing price BELOW the national average. 2. Solid economic prospects must be present. 3. Population must be growing. 4. The rent-to-price ratio needs to be at least 0.6% (no more 1% rule!). This means ALL these areas could work as great rental property markets!
Are you investing in any of the cities on Dave’s list? Where are you purchasing property in 2023? Let us know in the comments below!
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Real Estate by the Numbers
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These Are The 8 Most Affordable Markets To Invest In During 2023:
These Are the 10 Most Affordable Markets To Invest in During 2024
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92 of the Most Affordable Housing Markets in the World:
Here are 92 of the Most Affordable Housing Markets in the World—Turns Out the U.S. Has Most of Them
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00:00 Affordable Real Estate Markets in 2023
02:00 How Housing Got So Unaffordable
04:36 What is “Affordable”?
08:02 The TOP Cities for Investing
12:59. BEFORE You Buy