Top Markets for Real Estate in 2022
by Christopher Levarek
“An investment in knowledge pays the best interest.”
Benjamin Franklin
We find ourselves in January of 2022 and with it a new edition of the Top Markets for Real Estate. Every year we look at various “free” data sources which provide the 2022 picks for investing in real estate. Today I’ll focus mainly on the residential and multifamily side of things.
TOP MARKETS FOR REAL ESTATE 2022
First up, from UHAUL, the Top Migration Trends for 2021. This Report showcases the top destinations according to UHAUL truck rentals from 2021, which although a lagging indicator, indicates increased demand in these cities for livable space.
Note : The number to the right of the city indicates the previous position in the previous year.
2021 U-HAUL TOP 25 U.S. GROWTH CITIES
1.Kissimmee-St. Cloud, FL (2)
2.Raleigh-Durham, NC
3.Palm Bay-Melbourne, FL (23)
4.North Port, FL (1)
5.Madison, WI (5)
6.Fort Myers-North Fort Myers, FL
7.College Station-Bryan, TX
8.Sacramento-Roseville, CA (11)
9.Clermont, FL
10.Sarasota-Bradenton, FL
11.Daytona Beach, FL
12.San Diego, CA
13.Port St. Lucie, FL (3)
14.Milwaukee, WI (13)
15.Grapevine, TX
16.Austin, TX
17.Myrtle Beach, SC
18.Surprise, AZ (8)
19.Brandon-Riverview, FL
20.Wilmington, NC
21.Denver, CO
22.Richardson, TX
23.Auburn-Opelika, AL (4)
24.Ocala, FL (6)
25.Carrollton, TX\
…And now you know why Valkere purchased with partners a short term rental in Kissimmee, FL(the #1 Migration Destination) in 2021!
See it listed on Airbnb live here
Next up, we look at IRR.com, Integra Realty Resources which provides some amazing research on market trends, cities and real estate in general.
IRR.com Top Markets in Expansion for 2022 for Multifamily :
Source : IRR Viewpoint 2022
Next up Zillow…
Top 10 Hottest Residential Markets (according to Zillow) :
Tampa, FL
Jacksonville, FL
Raleigh, NC
San Antonio, TX
Charlotte,NC
Nashville, TN
Atlanta, GA
Phoenix, AZ
Orlando, FL
Austin, TX
Let’s not forget Realtor!
Realtor’s Top 10 Housing Markets Positioned for Growth in 2022 :
And Finally, from the Urban Land Institute, these are the top markets to focus for real estate aptly named “Magnet Markets”
Emerging trends in Real Estate 2022 :
Magnet Markets:
Super Sun Belt : (These markets are large and diverse, but still affordable, forming powerhouse economies that attract a wide range of businesses.)
Atlanta
Dallas/Fort Worth
Houston
Miami
Phoenix
San Antonio
Tampa/St. Petersburg
18-Hour Cities : (medium sized cities that continue to exhibit lifestyle, workforce quality, and development opportunities )
Charlotte
Denver
Fort Lauderdale
Minneapolis
Portland, OR
Salt Lake City
San Diego
Supernovas : (tremendous and sustained population and job growth, which is well above national averages)
Austin
Boise
Jacksonville
Nashville
Raleigh/Durham
In Final
There you have it! The Top Markets for Real Estate in 2022. My recommendation with all the data above, is find the common ground. Look for cities that are found in all data sources and choose those to invest into. Try not simply align with a city close to you or one you live in, but rather find the city exhibiting the most attractive data.
Always perform additional due diligence on the market to include, looking at population growth, unemployment compared to national average and rental price growth. Happy Investing and let’s go get 2022!