Market Overview 2019
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Birmingham, located at the foot of the Appalachian Mountains, is the most populous city in the state of Alabama and the county seat of Jefferson County.
At the height of the country's era of production, the city grew so fast in population that it earned the nickname "Magic City". The nickname stuck when they discovered that it was also the only city in the world where the three raw materials used to produce steel (coal, limestone and iron ore) occur naturally within a radius of ten kilometers.
In recent decades, Birmingham has undergone a major renaissance and has become a hub for advertising, medical research, banking, construction and services companies. Today, the Magic City is considered one of the liveliest cities in the country because of the vibrant city center, the evolving loft community and the world-class culinary scene. In fact, Birmingham was voted the No. 1 emerging food city by Zagat in 2016.
Why invest here?
Birmingham, Alabama is a stable, lower-risk real estate market where investors can purchase cash flows of real estate for $ 80,000 to $ 160,000. These factors make it a popular place for new investors to get their feet wet and for anyone looking for a reasonable investment that can generate a steady monthly income.
Brands Trends and Statistics 2018-2019
In this section you will learn about the main factors that make Birmingham one of the most popular real estate markets for 2019, including: affordable apartment values, passive income and stability. Investigate the housing, population and employment market trends in Birmingham in the tabs for more information.
Note: This page was updated for quality and accuracy on November 16, 2018.
Sources of information :
- Real Affiliate Data of a Real Wealth Network
- Ranked 1st in the most affordable cities in America "- Forbes
- "Ranked first in the next hot food cities in America" - Zagat
- "Ranked 7th most lucrative market" - Zillow
- "No. 2 Where to buy a house if you can not pay a large down payment" - Business Insider
- "The best place for a blocked party" - Insider Insider
- "The Birmingham Real Estate Market is Moving in the Right Direction" - Capital Builders
- "City No. 7 for Young People's Population Growth" - Birmingham Business Alliance
Stubbornly high interest rates are delaying – if not completely stopping – new construction projects in the commercial real estate sector, said the CEO of Mortgage Lending Group Professional America.
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Known primarily for its annual balloon fiesta and as part of AMC's performance show "Breaking Bad," Albuquerque, New Mexico, is a metropolitan area rich in culture and naturally beautiful. Albuquerque is also one of the largest cities in the southwest of the city, with a diverse population and some of the leading high-tech research enterprises in the country, including National Sandia Laboratories, Intel and the University of New Mexico. At the same time, its cultural traditions continue to be an integral part of daily life in the city. With one foot in the past, one foot in the present and two eyes for the future, Albuquerque is a fascinating place to visit and an even better place to call home. (Source: (https://www.visitalbuquerque.org/about-abq/history/)
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Lior Lustig CEO - Overseas Investors Forum
Lior Lustig is an experienced real estate investor who has been active in the field in Israel and the United States since 2007. Lior has extensive experience in purchasing and managing single and multi-family properties.
Lior currently manages the Real Estate Investors Forum, which owns a brand and interest in the real estate field, the Facebook group and the "Real Estate Forum in the United States" website. Lior is versatile in a wide variety of investment markets in the United States and provides solutions to investors through the company.