15 Booming Real Estate Markets That Are Trending In 2018

resource-thumb_Markets That Are Trending

Brian D. Milovich

Managing Principal, Calvera Partners

The real estate market is heating up. Of course, some markets are hotter than others and have been seeing sales surge in recent months.

Plenty of metropolitan areas in North America are reaching new heights in property sales and are on the verge of popping before your very eyes. Below, 15 members of Forbes Real Estate Council share what cities are currently worth considering for a real estate investment.

1. Downtown Los Angeles
Downtown Los Angeles used to be unsafe, but in the past three years, the city has taken huge steps to make it safer. There are guards patrolling the streets on bicycles. With the Olympics coming to Los Angeles in 2028, tech companies moving to LA because of price rise in the Bay Area and shortage of space in other parts of LA, the gentrification of DTLA is inevitable. – Nikhil Choudhary, Zenith Engineers Inc

2. Austin, Texas
Austin has a relative low cost of living, educated workforce and enviable quality of life. With over 2 million residents and people flocking, Austin has a critical mass to withstand the test of time and, along with it, some serious mojo. Commercial real estate is on fire. Those who allow extra time for approvals, and room for property taxes, should be well positioned for the future. – Stephen Clark, Clark Investment Group

3. Houston And Dallas
Houston and Dallas are both seeing rental growth in B and C class product. However, available inventory of investment properties is limited at the moment — and that’s all the more reason to have your alerts set and be on your local brokers’ mailing lists. – Caroline Kane, CKR Property Management, LLC

4. Miami
Foreign buyers have dropped $7.5 billion on homes in the U.S. costing over $1 million, with 40% of those purchases in Miami, Los Angeles, and Manhattan, according to The Real Deal. A whopping 25% of the total was in Miami, the reason being Miami’s tax advantage and, most importantly, the price per square foot, which is substantially lower than average. I would advise considering South Florida. – Gabriel Souza, Ictus Group at Decorus Realty

5. Phoenix
We continue to find opportunities to acquire properties in the Southwest that are underperforming not due to location or the economy, but lack of engaged owners and managers. Arizona continues to attract new residents and companies seeking lower taxes and a friendlier business climate than in the Midwest or on the East and West Coasts. – Brion Crum, Caliber:The Wealth Development Company

6. Atlanta
Atlanta is a great market to invest in. It is home to many large corporations such as Coca Cola, Delta and the Home Depot (and hopefully the second headquarters for Amazon) so it has a great deal of potential investors with a great renter profile — they have great jobs and are willing to pay more for rent. The cost of living in the city is also low, so your money goes much further for you. – Ali Jamal, Stablegold Hospitality

7. Memphis, Tennessee
Memphis, Tennessee has consistently offered value and growth. There are viable investments in most U.S. cities. What is important is not overpaying. Look at the numbers, be sure you can make money even if the market doesn’t grow or dips a little temporarily. Know your fundamentals, including demand versus supply, level of affordability, rent trends and availability of mortgage credit. – Kent Clothier, Real Estate Worldwide

8. Chicago
Chicago is ranked No. 1 on many real estate investor lists. Recently rated the most affordable of the large metropolitan cities, Chicago is known as a global business center. Investors looking to lower risk are smart to consider the diversity of industries that safeguard the Midwest from the large economic swings in housing cost cycles felt on the coast. This makes Chicago a popular choice. – Linda Liberatore, Secure Pay One – My Landlord Helper

9. Washington, D.C. Metro Area
The D.C. metro area is poised for growth in 2018, having added more than one million square feet of office space last year. Affordable city neighborhoods like Petworth, Mt. Pleasant and Deanwood (which was named one of the 10 hottest neighborhoods in the U.S.) are areas to watch, as well. – Bobby Montagne, Walnut Street Finance

10. Seattle
There is arguably no better place on Earth growing faster than Seattle, Washington. This will be the next New York, simply because land is now becoming scarce, and the city can’t keep up with the large growth it has seen in the last few years. This leaves builders with only one choice: Build up. At that point, land becomes much more valuable. – Lucas Pinto, Lucas Pinto Real Estate Group, LLC

11. Long Island City, Queens, New York
Long Island City in Queens has been named the fastest growing neighborhood in the country thanks to its proximity to Manhattan, transportation options and abundance of new residential projects. It is a 24/7 work, live, play neighborhood that will continue to increase in value. There’s even buzz that LIC is in the running for Amazon’s new headquarters, which has shed even more of a national spotlight on this once heavily industrial zone. – Elizabeth Ann Stribling-Kivlan, stribling.com

12. Minneapolis/St. Paul
I shouldn’t tell you this, because we invest there, but Minneapolis/St. Paul is probably the best kept secret in all of real estate and the country. With one of the lowest vacancy rates for apartments in the entire U.S., the headquarters of 18 Fortune 500 companies and positive job growth in growing industries like healthcare and technology, the Twin Cities are a hidden gem. – Brian Milovich, Calvera Partners

13. Boise, Idaho
My son’s a Boise State Mechanical Engineering student. I’ve spent time getting to know the city, the university, its economy, employment base, its housing, its development, some of its leaders and its people. It reminds me of Seattle, the market where I live, 20 years ago. It’s poised for a huge boom. It’s all about tech companies there that are fed by Boise State, another tech powerhouse on the rise. – Kevin Hawkins, WAV Group, Inc.

14. Cincinnati
Cincinnati has seen a steady growth in population and numerous areas within close proximity to the downtown have been gentrified. The cost of living is super affordable and the city in itself is just beautiful. I see the potential for appreciation in this area, with a cash flow that is higher than any other market. – Engelo Rumora, List’n Sell Realty

15. Toronto
Investing in real estate in Toronto has represented the greatest return with the least risk over the last 20 years. The city has become one of the top world-class cities over the last several years, and the demand to live there is what sustains the demand and values of real estate. – Allan Rankin, Re/Max Royal Properties Realty Ltd. Brokerage



Click here for more information on the Calvera Income and Growth Fund.

Or to find out more directly from a member of our Investor Relations team, click here.

2 Embarcadero Center, 8th Floor
San Francisco, CA 94111

729 Washington Ave N, Suite 600
Minneapolis, MN 55401




Performance data listed in this website or is otherwise provided by Calvera Partners, LLC, or its affiliates (“Calvera”) with respect to a particular property or project represents past performance calculated for the relevant project and does not purport to reflect the overall performance of any private funds managed by Calvera, which may include other projects, as well as charge additional fees or carried interest, or have additional expenses, which would reduce the overall performance of the project from the perspective of a fund investor. Past performance does not guarantee future results; Current performance may be lower or higher than performance data presented. Calvera is not required by law to follow any standard methodology when calculating and representing performance data; the performance of any of Calvera’s projects may not be directly comparable to the performance of other investment vehicles or funds; and qualified potential investors can contact Calvera Partners for more current performance data of any private funds managed by Calvera. 

This website is provided for informational purposes only. Nothing contained in this material is an offer or solicitation to buy or sell any security. In addition, (i) any securities offered to investors that respond to any general solicitation or general advertisement made by Calvera, may be sold only to accredited investors; (ii) such securities will be offered in reliance on an exemption from the registration requirements of the Securities Act and such securities offered are not subject to the protections of the Investment Company Act or required to comply with specific disclosure requirements that apply to registration under the Securities Act; (iii) Neither the SEC, nor any state securities regulator, has passed upon the merits of or given its approval to any securities offered by Calvera, the terms of the offering, or the accuracy or completeness of any offering materials or the accuracy or completeness of any of the information or material provided by or through this website; (iv) the securities will be subject to legal restrictions on transfer and resale and investors should not assume they will be able to resell their securities; and (v) investing in securities involves significant risks, and investors should be able to bear the loss of their investment. Please click here for additional important disclosures.