This year’s report notes that the top markets for real estate investors include several familiar names. Austin ranked first out of 80 U.S. cities for overall real estate prospects for 2020.
Here are the top 10 markets that will shape Real Estate in 2020.
- Austin Texas
- Raleigh/Durham, North Carolina
- Nashville, Tennessee
- Charlotte, California
- Dallas/Fort Worth
- Orland Florida
- Los Angeles
A number of demographic trends are cresting at the same time, namely life expectancy has risen overall as the baby boomer generation begins to enter prime retirement years.
Millennials and younger generations are increasingly factoring social good into their investment decisions, which the report labels ESG (environmental, social, and governance). What does this mean for real estate? Well, projects that can lay claim to being more community-oriented, or have a bottom line beyond just profit, have the potential to become more popular investment vehicles over time and attract more of this community-focused capital.