Are you looking for a new place to move to, or looking for a vacation home somewhere? There are so many places to consider in the world, so where is the best?
Toronto is a beautiful city to live in and to buy real estate. Located on Lake Ontario, with fantastic attractions and nightlife, and only an hour and a half flight from New York City, who wouldn’t want to live there!
The market for buy real estate is also popular because as the city grows in popularity, the more the houses, luxury Toronto condos, and apartments increase in value. There is a growing tech industry here, which is what is making the city more attractive to buyers and sellers.
If you do not want to live in a growing and improving city, it still might be a good idea to buy real estate now and sell it in a couple of years when the market prices rise. ‘
Moving South, Boston is another attractive location to purchase a home, condo, or apartment. Boston is filled with prestigious schools, which attract large companies and a lot of real estate.
Many young people love living there because of its live events, restaurants, and bars. Also, the ability to find jobs is excellent and continues to grow. For those who love history, Boston is a jackpot! Many important events in American history were located right in the heart of the city.
Similar to Toronto, the city is still growing with more and more tourist and work opportunities, so the value of homes there will probably increase as well. It might be a smart idea to purchase a place for investment reasons. Also, when not in use, it is straightforward to find students, tourists, or interns to rent out space while you are away.
Orlando is a great vacation home location to anyone who wants to find warmth and sun all year round. The scenery around the city is gorgeous and the quality of life there is usually really high.
Orlando is seeing a population growth over the last couple of years, and there they are trying to create jobs for a younger crowd also. This is great for the Orlando real estate market because as the demand for homes grows with its increase in people and attractive jobs, the price of real estate will grow.
With tourist attractions like Disney World and Universal Studios, there is always demand for tourists to find places to stay, and if the area you buy can fit a family, even better! So, when you are not in Orlando, you can easily rent out the home to families who are tourists and make some extra money!
Denver is a dream location if you like the outdoors. The city is filled with hiking in the Rocky Mountains, biking downhill in the summers, and skiing or snowboarding in the winter. Also, the city is alive with nightlife, breweries, and other tourist attractions.
With the legalization of marijuana, the city has grown in population with business owners and investors. There are many job opportunities there as well because of this. This is great for real estate in Denver.
The demand for homes there also continues to grow as the city grows. There is an excellent market for Airbnb in Colorado because it just became legal in 2017. Due to the fact that it is a great tourist destination for the United States in both the summer and winter, there is a huge market for Airbnb.
You can rent out your house or room for people when you are not planning on being there to make extra money. The better your Airbnb rating is, the more likely you are going to get more people to stay there.
The Bottom Line
This is just a start on great places to live in North America, but there are plenty more to choose from! Think about what you want in a city to call home and then think about what type of home you want; a house, a condo, or an apartment.
Next, think about price and location in the city, and take a trip out there to get a real feel of the place before you buy anything. A new home can be a significant investment, so you want to make sure it is precisely what you are looking for!