2019 MARKET OVERVIEW
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The fourth-largest city in Alabama, Huntsville is just a 90-mile drive on the I-65 heading north from Birmingham. Founded in 1811, Huntsville is known for its rich Southern heritage and a legacy of space missions. Huntsville actually earned the nickname "The Rocket City" during the 1960s when the Saturn V rocket was developed at Marshall Space Flight Center, which later made it possible for Neil Armstrong and Buzz Aldrin to walk on the moon.
Today, Huntsville is one of the most well known cities in the Southeast part of the country. USA Today touted Huntsville as "one of the top communities leading the economic recovery," while Money magazine named it "one of the nation's most affordable cities."
Huntsville is well known for its technology, space, and defense industries. The top employer is the military with over 31,000 jobs at Redstone Arsenal. NASA Marshall Space Flight Center is the next largest employer. The city is also home to several Fortune 500 companies, which provide a broad base of manufacturing, retail, and service industries to the area.
Why invest here?
Huntsville offers great opportunities for investors today. It's one of the nation's most affordable cities, it has a steady job market that offers STEM workers higher than average salaries, and a growing population (38% of whom are renters). These are good signs for investors interested in generating passive monthly income.
Huntsville Trends & Statistics 2018-2019
In this section, you'll learn about the top factors that make Huntsville one of the most popular real estate markets to invest in today, including: affordable home prices, cash flow, population growth, and job growth. Explore Huntsville's housing market, population, and employment trends in the tabs to learn more.
- “# 4 in Lowest Cost of Living” - Business Insider
- “# 10 Best City to Buy a House” - Niche
- “Things to do in Huntsville” - huntsville.org
- “# 23 Best Place To Rent” - WalletHub, July 2018
- “# 7 Best Place To Live” - US News, April 2018
- “# 2 Up & Coming Tech Hotspots” - Livability, September 2018
- “# 1 of The Best Places to Live in America's New Tech Hubs” - Trulia, February 2018
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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 major 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 Chief Executive - The Realestate Investor Forum
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.