Surge in secondary markets

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As rents skyrocket in the biggest and hottest markets, consumers will look elsewhere for bargains. That means secondary markets are on the rise, so you may want to expand your focus to the suburbs, or at least to less expensive areas of the city that are overlooked.

Take a look at almost any real estate investment ranking list and you'll see that traditional hot spots like San Francisco and New York are in steady decline. They've reached incredible peaks, and now they're starting to level off.

These days, cities like Seattle and Miami, as well as smaller markets on the outskirts of such cities, are experiencing a surge in popularity.

Seattle skyline image from Pixabay

Seattle (via Pixabay)

4. There may be a downturn in the industry, but it will be small.
We've all been collectively nervous about the housing bubble benefits of using the ghana phone number list since 2008. But while there are concerns that the property market could be in for a correction , experts are hopeful that it will be a gentle one, setting the stage for sustainable growth in the future.

In recent decades, we have experienced some of the most severe housing market crashes, including the savings and loan disaster of the 1980s, the dot-com bubble burst of the early 2000s, and, of course, the crash of 2007-08.

Unlike the hard crashes of the past, there are good signs of a broadly soft downturn: low unemployment, high asset prices, and tight Fed monetary policy suggest that investors are becoming a little more conservative these days. In fact, there’s a lot of hope that we can avoid a downturn entirely and continue on this slow and steady path. Fingers crossed.

5. Inventory will grow.
One reason home values ​​may decline is that inventory has a good chance of finally catching up with demand in 2018. The industry has struggled with a shortage of homes on the market for the past few years.

Experts predict a rise in inventory is on the horizon , which should help buyers who are struggling to find the right home at a good price due to such fierce competition.

It's an indication that the real estate industry has finally reached a point of confidence that encourages homes to be built rather than simply moving buyers between existing homes on the market.