One factor that affects the performance of the real estate market is the area’s job outlook. The value of a real estate property increases in a city whose economy is flourishing and where a diverse range of jobs are always available. With 2017 quickly approaching, where are the best cities for those in pursuit of a new career?
EXIT Realty Midwest in Spirit Lake, IA, knows about this interplay of economic and real estate opportunities and provides this list of top American cities for job growth:
Florida Cities: Five Florida cities are in the top 10 areas projected to have the biggest job growth in the country. Leading them is Cape Coral-Fort Myers, followed by Orlando, Naples, Deltona, and Ocala. Florida takes the top spot because of the state’s low cost of living, low cost of doing business, warm climate, and multiple points of interest such as beaches and theme parks that attract families and individuals alike.
Tucson & Phoenix, AZ: Like Florida, people are moving to Arizona for the warmer climate. This migration boosts the area’s real estate and hospitality industries. Two of its cities, Tucson and Phoenix, are foreseen to have rapid job growth. Arizona also has more affordable living costs compared to California. A lot of technology companies, including Uber and Yelp, have opened offices in Phoenix, leading to more jobs in this industry sector.
Dallas, TX: This city isn’t dependent on the ailing oil industry, unlike Houston, which has suffered employment decline. As a result, Dallas increased its job growth rate by 3.9%, which is almost double the national rate. The biggest job growth is in the leisure and hospitality sectors.
If you’re looking to move to a city with plenty of career opportunities, consider these three booming states. In many cities across America, though, one of the top industries for job growth is real estate. EXIT Realty Midwest can help get you started and connect you to a network of opportunities and earning potential. Call the Spirit Lake office at (712) 336-3405, Le Mars at (712) 546-4011, and Cherokee at (712) 255-9100, or visit their website to learn more.