Forbes and Local Market Monitor teamed up once again to ascertain their ‘Best Buy Cities’ list for 2015. Data for 105 of the largest metropolitan statistical areas (MSAs), each with a minimum population of 550,000, was examined to come up with their top 20 cities to invest in 2015. The MSAs who made the list exhibited strong population and jobs growth as well as a healthy relationship between the average income and home prices.
Making the list for a second year in a row was the Boise City-Nampa, ID MSA at number 8, up from 2014 when the MSA was ranked number 10. According to Local Market Monitor’s data, the MSA has a population of 650,288 with a 3.5% unemployment rate. The average home price is $183,649 and is expected to grow by 9% in the coming year.
If you are looking to buy a new home, or investment property, now may be the time! Contact me today for more information!