Source: D Magazine —
Every developer, every broker, every investor, every HGTV show, every house hunter, everyone says it, “Location, location, location.” This is more than just a catchphrase. When it comes to real estate, it is the gospel.
I’m often asked, “What real estate markets are you investing in?” The answer makes me smile as the data and trends consistently point to the “Smile States.” This term commonly represents the East, and West Coasts joined by the Sunbelt. The markets in which people seek to invest generally consist of two metro types: major urban areas along the coasts (known as gateway metros) and markets arcing across the Sunbelt (known as growth metros).