Norada Real Estate Investments recently revealed its 21 best cities for real estate investment in 2022 and 2023, and Dallas made the list.
The firm looked at data and trends across the U.S. to determine its rankings, noting each city has its “own set of qualities and disadvantages, but many of them are less expensive than the national average.”
Norada noted Dallas’ strong economy and renters market. “The demand for rental units has increased 14% over the last year, so it’s the perfect opportunity to invest in Dallas real estate,” the firm said. It ranked Dallas No. 3 on its list.
The best cities for real estate investment in 2022 and 2023, according to Norada Real Estate Investments:
- Boise, Idaho
- Houston
- Dallas
- Las Vegas
- Atlanta
- Orlando
- Tampa
- Spokane, Washington
- Chicago
- Austin, Texas
- Columbus, Ohio
- Lakeland, Florida
- Ocala, Florida
- Birmingham, Alabama
- Durham, N.C.
- Charlotte, N.C.
- Colorado Springs, Colorado
- Denver
- Raleigh, N.C.
- Phoenix
- Seattle