This city is the poster child of forward-thinking leadership as well as listening to what it’s residents want. St. Louis is popular among real estate investors because of its stable economy, growing technology hub, large metro population, and most especially, its affordable housing market. To determine its ranking of top vacation rental markets, Vacasa and its licensed subsidiaries (collectively "Vacasa") analyzed home sales data from the last twelve months for vacation destinations throughout the country, and overlaid it with actual performance data for thousands of U.S. vacation rental properties. Major distribution hub including Fedex, Celadon Trucking, Amazon, Target. Ranking based on data from the U.S. Census, FBI, and other data sources. At RealWealth we connect investors with property teams in the Birmingham metro area. It’s one of the most sought-after destinations on the Big Island of Hawaii, but somehow it remains relatively untouched by people. Affordability: Chicago is one of the last markets where housing prices have not yet risen past their 2006 levels, simply due to the state’s tough foreclosure laws. Sam Walton left a huge mark on the beautiful town that impacts our lifestyle in the town even to this day! At RealWealth we connect investors with property teams in the Dallas metro area. It’s a very neat little community and I love it with all my heart. Click here to get started. For starters, Jacksonville is also the only Florida city that is home to four Fortune 500 companies. Columbus is the 14th largest city in the country. From the endless miles of snowy terrain that brings skiers, snowboarders, and snowmobilers to the area, to the spring and summer months ripe for whitewater rafting, fly fishing, and canoeing, there’s always something to discover in Big Sky. Nestled along the Outer Banks of North Carolina, Corolla has grown in popularity in recent years. Downtown Detroit is being totally revitalized with billions of dollars of real estate and construction activity. Located in Florida’s “sun belt” region, the area is known for its warm climate, beautiful beaches, world famous amusement parks, entertainment, and attractions. More people equals more demand for rental housing. This small town has southern charm in spades and features two of the most wholesome events of the year: the Georgia Apple Festival and the Georgia Apple Blossom Festival. With a population of 2.2 million, Cincinnati is part of the 24th largest U.S. metropolitan area and it is growing fast! Housing choices are diverse in Riverdale: Trebach Realty has 40 single-family houses on the market ranging from $669,000 for a four bedroom in North Riverdale to $4.5 million for a newly built "chateau" with eight bedrooms in the Estate area (west of the parkway). Historically, Dallas was one of the most important centers for the oil and cotton industries due to its strategic position along numerous railroad lines. This is higher than the national average of 9.90%. Area type classifications are based on populations and proximity to major city centers. It’s nothing new that travelers who book vacation homes are also often seeking outdoor adventure. This is a bedroom community for the upper middle class in the South Bend area. The downtown area is a short walk away from most neighborhoods, and it’s only a short drive to Indianapolis. At RealWealth we connect investors with property teams in the Indianapolis metro area. There is an arts center with a shop to display ones creations. Population Growth: Columbus’ population has grown over 10% in the last eight years, faster than the national average of 5.76%, and remains the 14th largest city in the country. The region is also known for oil and natural gas production and is headquarters to major global financial institutions including PNC Financial Services (the nation’s fifth largest bank), Federated Investors and the regional headquarters of BNY Mellon. Politically more moderate than the surrounding areas, as the influx of tech workers moderates the staunch conservatism of the surrounding state. There are also a variety of activities in the summer for families like free summer concerts, Shakespeare in the park, and the wiffle ball league. While Hawaii is having a tough time due to the current environment, the island of Kauai is still one of our top 25 places to buy a vacation home—and it isn’t the only island destination on the list. USA Today touted Huntsville as “one of the top communities leading the economic recovery,” while Money magazine named it “one of the nation’s most affordable cities.”. Downtown is also home to a thriving local art scene, displayed at charming galleries and boutiques. I feel safe walking alone in town! There’s just something different about Palm Springs. Whether you’re looking to buy your first vacation home or your fifth, whether it’s an investment or for family fun, read on for our 2020 list of the 25 best places to buy a vacation home. St. Louis is no exception…. Indy also has a strong, diverse job market, great schools and universities, and plenty of sports attractions. Wonderful schools, police and fire departments! Click here to get started. Click here to get started. Another pro tip: conduct online research to determine what activities and attractions bring guests to the area, so you can select a home as close to (or as far away from) the hustle and bustle as you like. The number one best place to buy a vacation home in 2020 is a small-town resort community that’s big on adventure. In the winter months, the mountain’s ski resorts—including Timberline and Mt. A stone’s throw from Florida’s most popular amusement parks, Kissimmee is one of those destinations that we see guests book year after year to uphold family traditions. The infamous Crystal Bridges Art Museum is also in this town, and it is a must to see! Here’s a recap of the top three factors that make Cleveland one of the best cities to buy rental property in for 2020: Job Growth: Cleveland has a fast-growing healthcare and tech sector. According to the Brookings institution, the Cincinnati/Dayton area is among the nations 25 fastest developing regions. I would want to see these costs to go down, but other than that, Bentonville Arkansas is a wonderful place and it is growing at a very positive rate! Affordability: 9 out of 10. Click here to get started. This economic and population growth is impressive. As mentioned, most of the best real estate investment markets have three factors in common: job growth, population growth and affordability. This shows us that there are more jobs being created in the Dallas area than most other U.S. cities today. Another Georgia market made our 2020 Best Places to Buy a Vacation Home list, moving up one spot from its 2019 position at #11. Although this is less than the 5.76% growth experienced nationwide, this shows us that Albuquerque is experiencing consistent population growth year after year. Steamboat Springs Ski Resort offers 3,600 feet of vertical rise and its longest run, “Why Not,” spans more than three miles. Home to over 2.8 million people, the St. Louis metro area is the 21st largest metro in the country. Future job growth over the next ten years is predicted to be 39.21%. Commute if you work at the arsenal can be quite bad, and there is little public transportation. Job Growth: Forbes also ranked Jacksonville #3 on their list of best cities in the U.S. for jobs with a growth rate of 3.11% this year, which is 111% faster than the national average. It is a nice place to walk around, and the neighborhood schools are nice. As such, drive-to destinations—like Big Sky, Conway, and Silverthorne—are appearing more frequently on our 2020 list of the best places to buy a vacation home. There is an arts center with a shop to display ones creations. Family friendly! Over the last 7 years (Jan 2012 to Dec 2019), 3 bedroom homes in Dallas have appreciated by 81%. Click here to get started. Just in the last three years, a 10-acre green space downtown was redesigned and has quickly become a gathering place for locals and tourists. Everyone comes out for the football games on Friday nights in the falls and is always there to help each other in their time of need. Fort Wayne, Indiana ranks fourth and first on … There, show your kids (or grandkids!) Realtor.com ranked Columbus as the fourth-hottest housing market in the country. The Poconos span roughly 2,400 square miles in northeastern Pennsylvania and encompass several quaint, cozy towns perfect for exploring. And with a cost of living that is below the national average, this trend will likely continue. Vacasa utilizes data from the markets where it actively operates vacation rentals to ensure accuracy of performance. My high school, Turpin High School, won the silver award for being one of the highest ranked schools in the nation. In 2019, the median monthly rent for three bedroom homes in Indianapolis was $1,172, which is 0.71% of the purchase price of $164,400. Bikers can spend a day exploring Ten Mile Canyon and Vail Pass, while water lovers will want to visit Dillon Reservoir for boating and fishing. For decades, the Atlanta metro area experienced rapid population growth to match the demand of new jobs being created, many of them in high-paying sectors like manufacturing. Also, when you connect with one of the Indianapolis teams we work with and/or with one of our Investment Counselors, make sure to ask about Indianapolis investments that meet our REAL Income Property™ Standards.

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