Bottom line, in 2016 and the near future, the faster-growth opportunity in residential real estate investment is in cities that balance good jobs and good housing affordability.
That's not an easy balance to strike, and investors will face some risk as they try to pick which metro areas are moving more in that direction and which are moving away. This Urban Land analysis from contributor Kevin Brass notes that residential real estate projects whose hallmark is precision--in design, audience targeting, economic fundamentals, and positively trending affordability/employment patterns--will be the winners.
The piece contains the world-class rankings of U.S. markets in their relative appeal to residential real estate investors, developers, and builders. Brass writes:
This year’s edition of Emerging Trends reveals an industry looking for creative opportunities, finding innovation and new approaches to continue to grow. At the same time, there is a renewed focus on fundamentals, using data and smart analysis to connect the right projects, at the right time, in the right place.