Middle America’s Rising Home Prices
If you looked at the residential market 15 years ago, metro areas considered small by the size of New York City, Los Angeles, and Boston’s real estate were deemed to be prime residential property areas. These smaller metro areas gave residents the advantage of allowing residents to keep more cash in their bank account due to, typically, lower mortgage payments. Now in 2018, this market has changed considerably and Middle America is one of the desired areas to buy a home.
Forward to 2018
Panama City, Florida real estate remains one of the fastest growing residential metro areas in this country, due to its traditional low tax rates and favorable weather conditions. The central part of the United States has seen it’s biggest boom between 2012, and in 2018 this trend continues because of the robust job markets in this section of the country.
Nashville, Tennessee, Boise, Idaho, and Fayetteville, Arkansas has a six percent increase from 2012 to 2016 in residential sales due to net migration alone, making this a great area to buy a home or sell a home!
Huntsville, Alabama is now a thriving residential market due to the quality of life the city offers. Living in downtown Huntsville is an affordable option while buying a ranch with significant average is only a 20-minute commute. These different, yet very accessible options, gives residents the ability to create their own desired unique atmosphere to live.
The Number 1 and Number 3 Best Places to Live in 2018
Austin, Texas, and Denver, Colorado are the number one and three places to live for 2018. These are great examples of areas that do not border the standard coastal hubs that have now become prime real estate areas.
What has attracted so many residents to these vital metro cities once viewed as ” flyover country “? These major cities are industry magnets, attracting significant corporations and business, giving potential residents a very favorable job market to work.
Other Growing Middle America Cities
Des Moines is another enterprising example of a growing residential real estate community. Des Moines has long known as the capital of the insurance and financial services industry.
The city of De Moines has solidified and continued to increase its prominence in the insurance and financial services industry by soliciting and encouraging the technology companies that service these industries nearby.
This avenue not only continues Del Moines standing in the insurance/financial world but has also managed to bring the insurance and business technology needs in the same city, bringing more jobs to the town, thus the demand for more residential housing.
The capital of Utah, Salt Lake City, is considered the premier leader in data analytics, attracting the venture capital industry. This city, the fifteen rated town for Best Places to Live. Salt Lake City has put considerable funds adapting residential areas, business areas, and roads to connect to metro areas.
The average morning commute time in Salt Lake City averages 22 minutes. This commute time is an excellent example of how the city has taken advantage of mass transportation locations and their layout. The mass transportation system in Salt Lake City, being so utilized that owning a car is not needed for residents in the downtown districts.
Communication in Middle America Is Now Easier
There will always be the attraction to the big, coastal cities. However, with modern everyday communication technology, it is much less complicated for companies to communicate with the coastal towns and Middle America cities.
Preparing Your Move
When you are moving, especially from one city to another state, it is Stressful! On average, fifteen percent of the United States’ population will move this year and face this exhausting process. The help of a local Realtor will make your move 100% less stress free.
Four Tips When Preparing Your Move
- Organization – This is the key to a stress-free move, and early planning is necessary. Research the moving companies and take inventory of all the items they will be moving.
- Book A Moving Company – You need to book your moving company with as much advance time as possible. In the busier summer months, be advised a minimum of one month notice and in winter months a minimum of three-weeks notice.
- Buy Your Packing Materials – To save on your moving costs, start packing unneeded items yourself. Make sure your moving company specifies the price of the packing materials and what packing materials are covered as part of your final proposed quote.
- Downsize and start packing early – Start early, look over what you need and what you don’t need and what goes away. Items not used very often but still need should be packed soon so you have a realistic idea of how much will have to be loaded in the moving truck
The world of the residential housing market is an evolving changing market. Middle America cities that we once just flew over, and thought we would never consider as our place to live, now rank as some of the best cities to live in this country!