Norada Real Estate Investments

  • Home
  • Markets
  • Properties
  • Notes
  • Membership
  • Podcast
  • Learn
  • About
  • Contact

Archives for February 2019

How Is The El Paso Housing Market For Real Estate Investment?

February 25, 2019 by Marco Santarelli

El Paso Real Estate Market Insight

If you are looking at buying a house in El Paso as a potential investment opportunity, you must read till the end. El Paso, Texas is the westernmost city in the state. The city itself is home to nearly 700,000 people, while the metropolitan area is home to approximately 900,000. Its economy is closely tied to Ciudad Juarez just across the Rio Grande in Mexico. The city isn’t getting as much attention as “hot” markets like Dallas or Austin, but is a strong, growing market in its own right. Let’s discuss top ten reasons to invest in the El Paso real estate market. But, before that, we shall take a look at some of the real estate market data and trends in El Paso, Texas.

El Paso real estate market was ranked at 4th in Trulia's hottest real estate markets to watch in 2018. El Paso’s strong job growth, affordability, low vacancy rates and high population of young household were pivotal in the ranking process. El Paso is a great place to live for those who like the outdoors. The metro area's proximity to the Rio Grande provides opportunities to whitewater raft, canoe and fish, while Franklin Mountains State Park and Hueco Tanks State Park are great hiking and rock climbing spots. El Paso boasts one of the lowest crime rates in the United States. The city's stable economy is aided by its diversified business base and strong military presence.

El Paso Real Estate Market
Original Photo via Pixabay

[Read more…]

Filed Under: Real Estate Investing

How Is The Chattanooga Housing Market For Real Estate Investment?

February 24, 2019 by Marco Santarelli

Chattanooga Real Estate Market Outlook

Chattanooga is the fourth largest city in Tennessee. It is located in southeastern Tennessee, close to Knoxville and just across the river from Georgia. Chattanooga proper is home to nearly 200,000 people. However, the Chattanooga housing market includes its suburbs, meaning the Chattanooga real estate market actually includes around half a million people. According to realtor.com’s 2019 housing market forecast, Chattanooga comes in fourth position with balance high sales (5.2 percent) and price (4.3 percent) growth. Employment (1.2 percent) and income (3.3 percent) growth expected for 2019 are both slightly under the national average.

However, the Chattanooga economy is growing at about 6 percent a year and is expected to have one of the lowest median price levels for homes of the top 10. The real estate market in Chattanooga is getting the attention of other cities as well. Homes are selling so fast that some stay on the market only a few hours. The booming economy has made it more difficult for Hamilton county residents to find a home. This shows that the Chattanooga market will remain competitive for both buyers and investors in 2019. Let’s discuss top 10 reasons to invest in the Chattanooga housing market. But before that we shall take a look at some of the market data and trends in this area.

Chattanooga Real Estate Market
Original Photo via Pixabay

[Read more…]

Filed Under: Real Estate Investing

Real Estate

  • Baltimore
  • Birmingham
  • Cape Coral
  • Charlotte
  • Chicago

Quick Links

  • Markets
  • Membership
  • Notes
  • Contact Us

Blog Posts

  • Orange County Housing Market Forecast & Trends 2023
    February 4, 2023Marco Santarelli
  • Real Estate Economics: How Real Estate Markets Work?
    February 3, 2023Marco Santarelli
  • 50 Best Success Quotes of All Time (Updated for 2023)
    February 3, 2023Marco Santarelli

Contact

Norada Real Estate Investments 30251 Golden Lantern, Suite E-261 Laguna Niguel, CA 92677

(949) 218-6668
(800) 611-3060
BBB
  • Terms of Use
  • |
  • Privacy Policy
  • |
  • Testimonials
  • |
  • Suggestions?
  • |
  • Home

Copyright 2018 Norada Real Estate Investments