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Top Metros Where Renters Are Coming & Leaving...
Top 5 Metros Attracting Renters From Elsewhere
Denver: 48%
Baltimore: 47%
San Diego: 44%
Tampa: 44%
San Francisco: 44%
And, the Not So Good Top 5 Metros: Where Renters Are Looking To Leave
Orlando: 50%
Riverside, CA: 50%
Detroit: 47%
Chicago: 43%
Charlotte, NC: 41%
Source: Apartment List
A little commentary...chasing demand isn't a recommended investment strategy. What's hot today may or may not be hot tomorrow. But information like this is critical for investors in developing strategies to protect ROI and plan future acquisitions that will offset any downturn experienced in another market.
Knowledge is power. Be a force in your market!