This Hidden Real Estate Gem Maximizes 2019 2020 Returns
The Rise of Secondary Markets
One of the key trends during this period was the surge in secondary market investments. As major metropolitan areas saw skyrocketing property prices, investors began to turn their attention to smaller cities and towns that offered more affordable options with substantial growth potential. These secondary markets often provided higher rental yields and lower entry costs, making them attractive to both seasoned and novice investors.
For example, cities like Austin, Texas, and Raleigh, North Carolina, experienced significant population growth and economic development, which translated into increased demand for housing1. Investors who identified these trends early were able to secure properties at lower prices and benefit from appreciation and rental income.