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For example, Teslas massive Gigafactory is in nearby Sparks.
With major investments underway, northern Nevadasreal estate marketis poised for substantial growth.
Strong job growth plus cheap housing is ideal for investors.
I see opportunities in inland areas that are often overlooked, shared Beloian.
The Inland Empire has major employers inlogistics, healthcare, and financethat continue to expand.
However, strict regulations have limited new home construction, keeping prices low.
Cities like Riverside and San Bernardino offer affordable housing and job opportunities, with homes under $350,000.
Another market with potential in Beloians professional opinion is the High Desert, especially Victorville and Hesperia.
With housing costs rising throughout Southern California, people are seeking alternatives within a reasonable commute, Beloian remarked.
New transportation projects will improve access to job centers like Los Angeles and Ontario.
Rural areas outside Los Angeles like the Antelope Valley also hold promise, according to Beloian.
Palmdale and Lancasterhave major employers in aerospace, renewable energy, and transportation, Beloian explained.
Housing is extremely affordable, with decent homes under $250,000.
Proximity to job opportunities plus cheap living costs make these overlooked markets ripe for investment.
With planning improvements underway, the Antelope Valley in particular seems poised for a resurgence.
For investors seeking value, Beloian suggested looking toinland and desert communitiesin Southern California.
For investors, strong job growth plusaffordable real estateis an ideal combination, added Greiner.
Greiner shared that the median home price in Boise is still under $300,000.
Ham said these places are …where prices are low but poised to rise as people seek affordable alternatives.
Utah
Utah also has a diversified, fast-growing economy with tech hubs inSalt Lake Cityand Provo, offered Greiner.
However, strict zoning laws and high demand have kept home prices high in city centers.
Withseveral major companiesexpanding locally, northeast Oklahoma in particular shows promise for real estate investment.
Strong job growth plus affordable housing signal opportunity.
However, home prices in the Valley remain some of the lowest in the nation.
For investors seeking price appreciation, the potential is huge if economic expansion continues.
West Texas citieslike Midland and Odessa are at the heart of the Permian Basins shale oil boom.
Although oil prices have declined recently, production in the Permian remains cost-effective, added Cabrera.
This has spurred major investments in petrochemical plants and other spin-off industries.
While Midlands home prices have climbed, nearby Odessa remains affordable by comparison and poised for growth.
With so much focus on coastal markets, overlooked areas inland offer opportunities for substantial returns.
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