Market Overview 2019

Birmingham, Alabama

Metro population:

1.2 m

Median Home Income:

52,000 dollars

Unemployment rate:

4.40%

Median House Price:

100,000 dollars

Median monthly rent:

995 dollars

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.

  • 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

Florida Rent Costs Are Slowly Dropping

Among the states, Florida had the highest percentage decrease (9.21%) in year-over-year rental prices in 2023, but monthly rents remained higher than the national average.

Continue reading on our site:
https://www.forumnadlanusa.com/en/2024/02/floridas-rent-costs-are-slowly-dropping/

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Entrepreneur of the Week
Kobi Avisar

How to get second and win

#יזמההשבוי #קוביאבישר #פוסט5 How to get second and win You can get after the bank with a second mortgage, take less risk, get more return, and laugh all the way to the bank... let's understand

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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/)

Is there already a strategy session? Visit the investors portal

Is there already a strategy session? Visit the investor portal

Lior Lustig

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.