At the same time, in super-hot
coastal markets such as Boston and Los Angeles, where annual price appreciation reached double digits over the last few years, increases are expected to ease to more sustainable, one - digit gains.
Like most foreign investors, the Chinese tend to focus more on the top
coastal markets such as New York City.
Ressler notes that a recent study by Redfin shows that people are leaving high - tax
coastal markets such as San Francisco, New York, and Los Angeles in search of homes in more affordable metros with lower taxes, such as Sacramento, Phoenix, Las Vegas, and Nashville.
Not exact matches
And the boom
markets are the 15 or so cities with populations between 4 million and 10 million — notably
coastal metropolises
such as Wenzhou and Quanzhou.
Mark Lester, Alan Johnson and Andrea Thievin specialize in the
marketing and sale of real estate assets
such as resorts, private islands, waterfront and
coastal estates, ranches, agricultural portfolios, golf courses, ski resorts, marinas, comprehensive development properties and forestry, rural and corporate resource properties.
Populated
coastal markets,
such as New York, Boston, Washington, D.C. and San Francisco, viewed as prime targets, have ramped up accordingly.
Secondary and tertiary metro areas
such as Cleveland, Kansas City and Indianapolis may not offer the sky - high rents and eye - popping investment sales prices seen in core,
coastal cities; however, the Midwest multifamily
market is still one of considerable strength and opportunity.
«The
market will experience regional differences, with more affordable areas,
such as the Inland Empire and Central Valley, outperforming the urban
coastal centers, where high home prices and a limited availability of homes on the
market will hamper sales.