The Fastest Growing Counties in America
The U.S. Census Bureau released information recently that demonstrates graphically where Americans are moving in the United States, and where they are moving from. This graphic is based on data taken from July 1, 2017 to July 1, 2018.
We like to invest in growing markets. This type of data is helpful for multifamily investors in targeting markets that are seeing long term positive growth. The chart also shows that areas that have net negative migration patterns, i.e. places where we would be very cautious about investing, or not investing at all. Markets matter in multifamily investing and one of the best ways to hedge your investment is to invest in growing markets. Increases in population and jobs results in increased demand for housing and rising rent rates over time. This graphic highlights once again that investing in the sunbelt states will continue to yield lower risk and better returns.