Hot Real Estate Markets You Can Invest In With Short Notes
Key Takeaways
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Identifying hot real estate markets depends on key factors like demand, job opportunities, and infrastructure, which make certain locations ideal for high-return real estate investments.
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Connect Invest Short Notes allow investors to access a diverse, collateral-backed portfolio of real estate projects across the U.S. with terms from 6 to 24 months and annualized yields up to 9%.
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Real estate market insights for 2024 highlight cities like Austin, Phoenix, and Las Vegas as booming areas, offering lucrative investment opportunities through Connect Invest’s vetted projects.
Predicting where the next hot real estate markets will be is a bit like the gold rushes of the past. Prospectors, sure they were on to a big strike, would try to quietly and quickly stake claims, but before they knew it, word had leaked out, and the mad rush was on.
The same thing happens in the modern housing market. Word gets out, housing inventory decreases, prices skyrocket, and buyers' interest cools off. It's easy to become discouraged, but if you're willing to research, investment opportunities remain.
Realtor.com data shows that investors made 14.8% of purchases during the first quarter of 2024, the highest since they started collecting data in 2021. These investors understand that Investing in the real estate housing market is still an excellent way to diversify a portfolio, but timing and a common-sense approach are essential.
How do you find hot real estate markets? Let's take a look.
Investing in Hot Spots
There is more than a grain of truth in the common adage "Location, location, location." A hot real estate housing market ticks the boxes of having a diverse landscape, excellent outdoor recreation options, and a transportation infrastructure that connects it to the major routes and cities.
There are several factors to consider when working out residential real estate market predictions and looking for hot investments. These include:
- Demand: Property appreciation increases quickly in high-demand markets because the population grows, job opportunities are solid, and a limited supply exists. For investors, that results in higher returns.
- Rental income potential: Rental demand will naturally be strong in a hot market. Increased demand results in lower vacancy rates and premium rents.
- Capital Appreciation: If you want to build equity quickly, you want to be in hot markets where real estate appreciates quickly.
- Economic resilience: Diverse industries tend to support hot markets, and this diversification supplies the resilience needed to survive economic downturns. The result is stable, long-term growth.
- Job opportunities: A booming real estate housing market attracts industries that provide an array of attractive job opportunities.
- Recreation: People value engaging in recreational activities, and hot real estate markets offer access to parks, outdoor adventures, pools, modern community centers, shopping, etc.
Hot Spot Markets
The real estate market in 2024 features some hot spots that investors will be interested in. Connect Invest's Short Notes offer accessible real estate investment opportunities for everyone - removing the barriers that kept the average investor away.
The Connect Invest Short Notes portfolio contains professionally vetted projects in 14 states and 36 cities. Our numbers include $13.4 million in total funding, $660 thousand in passive income paid to investors, and more than 140 projects funded.
Our Short Notes offer 6—to 24-month terms with high-yield returns (APY) of 7.5% to 9%. The minimum investment is $500, and there are no fees. Let's look at a few of the hot real estate markets that Connect Invest has projects in.
Austin, TX
Austin ranks among the fast-growing metro areas in America, with a 7.42% increase in their population from 2021 to 2024. The almost 2.3 million residents enjoy a diverse city with a strong sense of community, a large student population from the University of Texas at Austin, a thriving arts community, burgeoning tech industries, and medical research centers.
Austin's climate is warm year-round, and outdoor enthusiasts have access to beautiful parklands, lakes, and rivers. Austin has a reputation for being a foodie's dream and offers everything from delicious food truck tacos to exquisite fine dining. There is also a thriving, diverse music scene, and live music is available almost anytime and anywhere.
Phoenix, AZ
Phoenix's current population of almost 4.8 million people is an increase of 4.21% from 2021. Also known as the "Valley of the Sun" or the "Salt River Valley," Phoenix-Mesa-Chandler has the most extensive metro statistical area by population in the Southwest and bumped Boston out of the top 10 in the 2020 census.
While Phoenix is considered the anchor city, the growing suburbs, exurbs, and secondary cities make this area very attractive for investors looking at the 2024 real estate market. "Snowbird" retirees flock to the Phoenix area because winters are warm and an expansive healthcare system is in place. Excellent retirement communities and the related services and facilities are attractive to those considering retirement.
Phoenix offers unique tourism opportunities, world-class shopping, and hospitality. The top-rated Arizona State University has a campus in Tempe, one of its suburbs. Phoenix also has an excellent transportation infrastructure, including highways, buses, and a light rail system.
Las Vegas, NV
The Las Vegas Valley includes Las Vegas, North Las Vegas, Henderson, and seven unincorporated towns (Summerlin South, Paradise, Spring Valley, Sunrise Manor, Enterprise, Winchester, and Whitney). The population increased by 6.53% from almost 2.8 million in 2021 to just shy of 3 million in 2024.
Rapid growth has resulted in the conversion of desert land into industrial, commercial, and residential housing areas. A booming tourism industry drives the Las Vegas economy and creates many job opportunities. Older hotels are being demolished and replaced with modern buildings. While casinos and shows were once the main attractions, Las Vegas is now a place for shopping, fine dining, and outdoor recreation. It's also a popular destination for conferences.
Las Vegas is also home to The Sphere, a state-of-the-art, 18,600-seat auditorium that offers unique audio and video capabilities. The four-year-old Allegiant Stadium is a domed, multi-purpose arena most known for hosting NFL and college football, the Super Bowl, and major concerts, including the Rolling Stones and Elton John. The future for the Las Vegas real estate market looks bright.
Windsor, CO
Windsor's population was 33,269 in 2020 and 42,722 in 2024. This increase of 28.41% makes it one of the fastest-growing towns in Colorado. Windsor is a beautiful place nestled between the mountains and plains and only 58 miles north of Denver.
Windsor's small-town charm and proximity to Colorado's capital city are quickly attracting families and businesses. The quality of life is good, and Windsor maintains a strong sense of community. Recreation opportunities include outdoor recreation, parks, clubs, and an extensive, modern golf course.
Salt Lake City, UT
The future of the real estate market in Utah is looking bright, and Salt Lake City is a great place to live and invest. The population increased by 2.88% between 2020 and 2024 and now stands at 1.2 million.
The job market is thriving, and the tech market is particularly booming. Salt Lake City's remodeled international airport is just minutes from downtown and can be easily accessed by its robust transportation system.
The city has a rich cultural history, with many museums, the Tabernacle Choir, and performing arts venues. It also hosts the Sundance Film Festival. The city is diverse and easy to navigate, and residents enjoy a high quality of life.
Investing in Hot Spot Markets with Short Notes
The strength of a portfolio rests in diversification, and Connect Invest's Short Notes enable beginner and experienced investors alike to invest in real estate. Our diverse portfolio of real estate loans includes several vetted commercial and residential projects in Texas, Nevada, Arizona, Utah, and Colorado, specifically within the metro areas and cities mentioned above.
Our investors can invest in real estate without the burdens of direct property ownership or management, long-term REITs, or trust deed investments with no exit dates. Connect Invest Short Notes offer higher-than-average yields, short terms with defined exit dates, and monthly, fixed-rate passive income that begins the month after signing up.
Our team of professionals has done the boots-on-the-ground research of each project, and our first-position loans mean that investors will get most, if not all, of their money back in the unlikely event a borrower defaults. Signing up takes just a few minutes, the minimum investment is only $500, and there are no fees.
Parting Thoughts
Real estate has always been considered a sound investment, and adding it to a financial portfolio provides the extra layer of security that diversification provides. Connect Invest's Short Notes' accessibility allows investors from all walks of life to get into real estate investing and grow their wealth.
We keep our fingers on the pulse of real estate and work to identify and then vet projects that provide investment opportunities in hot real estate markets. We do the groundwork and research for you—no more hassles or guesswork.