GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’re able to read more about oureditorial guidelinesand our products and servicesreview methodology.
For one, you might consider the punch in of home.
New homes or new construction in most cases will not be discounted.
Location makes a tremendous difference, too.
Not having to pay a state income tax can increase your purchasing power significantly.
Within Tennessee, there are several markets that could be appealing.
The Volunteer State has seen an influx of people from all over the country.
But you might find opportunity almost anywhere in the state, he added.
Low-tax states, such as North Carolina, have become hotbeds for buyers, said DiBugnara.
Its not just taxes driving buying decisions.
Many people from northern East Coast states want to relocate to states with better climates.
There are also a lot of real estate developers building houses offering incentives on mortgages so that move product.
One can buy a house at rates between 5-6% subsidized by the developer, he added.
Arizona
Another warm-weather state that could be a good place to buy is Arizona, according to Michan.
Arizona, especially in thePhoenix metro area, is growing and many companies offer well-paying jobs.
This is good for real estate because demand for housing is high, pushing purchase and rental prices up.
The states low population density and amazing outdoor recreation scene is attracting people from all over the country.
Share This Article:
