Travis Cadman: Analysis of Markets for Real Estate in 2019


You’re ready to purchase that next income property this year. The age-old question is, where is it? Or maybe you currently own property in certain markets and you’re wondering if it’s a good idea to sell now or wait until these markets peak. Here’s a look at how various real estate markets look in 2019 -- and how you should respond to them, according to real estate professional Travis Cadman.

The majority of investors in real estate this spring have chosen to steer clear of cities featuring soaring prices. For this reason, those who currently have properties in these areas may want to think twice about retaining properties in these locations, especially with the real estate bubble having the potential to burst in the near future. The reality is, this bubble probably won’t burst this year, but investors should still be cautious about holding onto properties in cities like Denver, Miami, Seattle, and San Francisco. If you have properties in these areas, do not wait for the market to peak to sell your assets; instead, act now.

Meanwhile, if you’re in the market for new properties, consider looking for them in the following cities: Orlando, Florida; Atlanta, Georgia; Indianapolis, Indiana; Fort Worth, Texas; Boston, Massachusetts; and San Diego, California.

All in all, now is an excellent time to own rental properties in particular. That’s because the majority of new jobs surfacing today come with modest salaries, which means that consumers’ demand for rental properties should remain strong in the near future.

Still, even in the highly promising markets listed above, try to focus on rental properties whose rents are less than 25% above your average rent prices in these areas, according to Cadman. This will improve your chances of continuing to generate money from these properties even if a recession strikes down the road.

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