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Two Cities to Invest in Now

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    OwnAmerica CEO Greg Rand breaks down the best markets to buy real estate in now.

  • Duration 3:07
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Well Americans are leaving the country to move to the big city that is according to a study by IHS global insight the percentage of people that are living in cities.

Is actually set to grow.

By over a third of the next three decades -- ten US cities in particular.

Are predicted to have their population's boom the top five cities.

Like listed at populations in flight ever want Austin, Texas number.

One of my to hunt announcements Arizona.

Raleigh, North Carolina number three San Bernardino California interesting in -- before and of course Orlando Florida rounding out the top five.

And my next guest has to port cities you might want to think about investing in from a housing perspective on America's great -- 'cause he once again it's good to see you look at initiative.

You took a look at.

Taxes.

And the -- -- there's going to be growth there and it's a great investment.

Yeah -- -- first person to check that out you know the fundamentals what we look for in terms of housing market growth in the future lot of short term -- going on the where's the long term gain.

Texas has got for the top five job growth cities in the country right now and I'm picking Houston tonight -- today because.

They're number sixteen but they've got a port and airport is going to boom as a result of the expansion of the Panama Canal which opens two -- fourteen.

Well let me -- if you iconic yes that's got an -- huge you know corporations who have reparations.

-- -- -- you know some look at the state you wonder.

How is one state having somebody -- the top twenty and the answer is responsible government.

Quality life cost of living you know when Rick Perry governor of Texas came to new York and addressed -- assembly they asked him what your secret.

His answer was don't spend all the money they'll -- us about it makes a lot of sense but.

-- -- 100% financing which are trying to even aware that you told me it's a so it they outlawed it in Texas -- -- not.

-- it's a 100% of -- home.

Of all people the east Texas State association of realtors championed that legislation to make sure didn't allow 100% home equity financing and that.

Basically led to them not playing along with -- crazy levels of lending and negative equity that is resulted from the boom.

Turning to bust so the market's healthy.

I wasn't -- according to not good for quite top cities are in taxes but the other city ordering the south Fairfax -- Virginia how would you how was it should because the government connection.

Bright yellow thing I didn't expect that we did a survey don't American my company represents investors across the country and we asked them what states are most interested in investing in -- -- expect to see Virginia but -- it was a mystery.

The seat of government in the US the seat of power in the known world -- There is population growth guaranteed in that marketplace in Fairfax being.

Within the -- -- distance.

To the city.

It's got all these great fundamentals of -- charts on home values what you see is over fifteen years there was a party during the boom.

But not that much of a hangover since they pretty much retain their value it almost peak level since then that's all results of population need to be there period.

-- granite you know.

Yet the government jobs that is in a decline kind of Norton a little bit but the charges prove -- -- -- -- Anderson it's -- you know a lot of people moving in and out yeah.

That -- for landlords to premarket as -- grant on America radio star -- kinda suspect they can't thank you can see it.

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