2019 MARKET OVERVIEW

Atlanta, Georgia

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• Overview
• Trends
• Employers
• News
• Resources
• Teams
• Properties
• Investor Relations

• Market Overview

אוכלוסיית מטרו:

1.2 M

הכנסה ביתית חציונית:

$52,000

שיעור אבטלה:

4.40%

חציון מחיר הבית:

$100,000

חציון דמי שכירות חודשי:

$995

Located in the foothills of the Appalachian Mountains, Birmingham is the most-populous city in the state of Alabama and the county seat of Jefferson County.

At the height of the nation’s manufacturing age, the city grew so fast in population it was nicknamed the “Magic City.” The nickname stuck when they discovered it was also the only city in the world where the three raw ingredients used to make steel (coal, limestone, and iron ore) occur naturally in a ten-mile radius.

In the last few decades, Birmingham has undergone a major revitalization, becoming a hub for publishing, medical research, banking, construction, and service-based companies. Today, the Magic City is considered one of the nation’s most livable cities because of its vibrant downtown, burgeoning loft community, and world-class culinary scene. In fact, Birmingham was voted the #1 Up-and-Coming Food City by Zagat in 2016.

מדוע להשקיע כאן?

Birmingham, Alabama is a stable, lower-risk real estate market where investors can purchase cash flowing R.E.A.L. Income Property™ for $80,000 to $160,000. These factors make it a popular place for new investors to get their feet wet and for anybody looking for an affordable investment that can generate stable monthly income.

• Trends

סקירה כללית מגמות בשוק הדיור מגמות באוכלוסייה תעסוקה מסקנות סקירה כללית

Birmingham Trends & Statistics 2018-2019

In this section, you will learn about the top factors that make Birmingham one of the most popular real estate markets for 2019, including: affordable home values, passive income, and stability. Explore Birmingham's housing market, population, and employment trends in the tabs to learn more.

Note: This page was updated for quality and accuracy on November 16, 2018.

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Data Sources :

• https://factfinder.census.gov/
• https://www.deptofnumbers.com/employment/new-mexico/albuquerque/
• https://www.zillow.com/albuquerque-metro-nm_r394312/home-values/
• Real Wealth Network Affiliate Data

מגמות בשוק הדיור

Birmingham home values are more affordable than many other U.S. real estate markets today

• The median price of the average 3 bedroom home in Birmingham was $100,000 in January 2018. This is 51% less than the median value nationwide. As of September 2018, 3 bedroom home values have risen to a median $108,000, which is 47% less than the national average.
• In the neighborhoods where Real Wealth Network members invest home values range from about $80,000 to $160,000. This is a median price of $110,000 which is 45% less than the average 3 bedroom home nationwide.
• This shows us that Birmingham real estate is uniquely affordable, but perhaps this won’t be the case for long.

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The median rent to purchase price for homes in Birmingham is higher than more expensive U.S. cities.

• This shows us that there’s an opportunity to generate passive monthly cash flow in Birmingham at a significantly higher rent-to-purchase ratio than the national average.
• In January 2018 the median monthly rent of an average 3 bedroom home in the U.S. was $1,427, which is 0.71% of the median purchase price of $202,000.
• The median monthly rent of the average 3 bedroom home in Birmingham is $995, which is over 1.00% of the median purchase price of $100,000.
• In the neighborhoods where Real Wealth Network members invest, the median monthly rent of R.E.A.L. turnkey properties is $1,099. This is also 1.00% of the median purchase price of $110,000.

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Birmingham’s real estate market is more stable than many other U.S. markets, which likely makes investing here less-risky

• Over the last six years, the average 3 bedroom single family home in the Birmingham metro has appreciated at a steady rate of 0.82% per year.
• In the specific neighborhoods where Real Wealth Network members invest, the 7 year appreciation rate is slightly higher – 0.92% per year.

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Birmingham rents are rising at a faster rate than the national average

• Since 2010 the population in Birmingham has increased at a steady rate of 0.26%.
• Total population growth during this time was 1.85%, which is about 65% slower than the national average.

תעסוקה

In the last few decades, Birmingham has undergone a major revitalization, becoming a hub for publishing, medical research, banking, construction, and service-based companies. The city's largest private companies include O'Neal Industries, EBSCO Industries, Drummond Co., Inc., and Brasfield & Gorrie, LLC.

Between August 2017 and August 2018 the number of jobs in the Birmingham metro increased at a rate of 1.24%.

This shows us that Birmingham is experiencing consistent growth year after year. And although this growth is not staggering, it's another indicator that Birmingham's real estate market will continue to be stable in years to come.

מסקנות

Birmingham is Affordable

• Average home prices in Birmingham are still well below national levels, which means investing here is more affordable than many other U.S. cities today.
• The median price of a fully renovated 3 bedroom R.E.A.L. Income Properties™ ranges from $80,000 to $160,000, which is about 45% lower than home values nationwide.

Birmingham is Cash Flowing

• 3-bedroom single family homes in Birmingham can rent for more than 1% of the purchase price, which means there’s a strong cash flow opportunity here.
• The median rent of a fully renovated 3-bedroom R.E.A.L. Income Properties™ is $1,099, which is 1.00% of the median purchase price.

Birmingham is Stable

• Birmingham is not experiencing wild appreciation or depreciation swings, which makes it more stable than many other U.S. cities today. This means that investing here is likely less-risky than many other markets too.

Birmingham is Steadily Growing

• Over the last 6 years, Birmingham has experienced both population and job growth at a steady yearly rate. This is a good sign that this market will continue to be stable for years to come.

• Major Employers

• News

• Ranked #1 in America's Most Affordable Cities" - Forbes
• "Ranked #1 in America's Next Hot Food Cities" - Zagat
• "Ranked #7 Most Affordable Market" - Zillow
• "#2 in Where to Buy a Home if You Can’t Afford a Big Down Payment" - Business Insider
• "#3 Best Place for a Block Party" - Business Insider
• "Birmingham Real Estate Market Moving in Right Direction" - Fortune Builders
• "#7 city for Young Professionals Population Growth" - Birmingham Business Alliance

• Learning Resources

• Property Teams

הידוע בעיקר בזכות הפיאסטה הבלונית השנתית שלה וכמסגרת המופע להופעה של AMC "שוברים רע", אלבוקרקי, ניו מקסיקו, הוא אזור מטרופולין עשיר בתרבות ויפה באופן טבעי. אלבוקרקי היא גם אחת הערים הגדולות בדרום-מערב העיר, עם אוכלוסייה מגוונת וכמה ממפעלי המחקר ההיי-טק המובילים במדינה, כולל מעבדות סנדיה הלאומית, אינטל ואוניברסיטת ניו מקסיקו. במקביל, המסורות התרבותיות שלה ממשיכות להיות חלק מהותי מחיי היומיום בעיר. עם רגל אחת בעבר, רגל אחת בהווה ושתי העיניים לעתיד, אלבוקרקי הוא מקום מרתק לבקר בו ומקום טוב עוד יותר להתקשר אליו הביתה. (מקור: (https://www.visitalbuquerque.org/about-abq/history/)

מפגש אסטרטגי לתזמון להצגת פרטים על צוות נכסים

האם כבר קיימת מושב אסטרטגיה? בקר בפורטל המשקיעים

• Sample Properties

מפגש אסטרטגי לתזמון להצגת פרטים על צוות נכסים

Does a strategy session already exist? Visit the Investor Portal

• Member Relations

Lior Lustig

Lior Lustig Chief Executive - The Realestate Investor Forum

• [email protected]
• 072 - 257-7374
• (978) 600-8229

שיחת ייעוץ של 15 דקות

Lior Lustig has been an experienced real estate investor active in the field in Israel and the US since 2007. Lior has extensive experience in the acquisition and management of single and multifamily properties.
Lior currently runs The Real Estate Investor Forum, which owns a real estate brand and interest, the Facebook group and the “Real Estate Forum USA” site. Lior is versatile in a wide variety of investment markets in the United States and provides solutions to investors through the company.