- While the US is in a recession as a result of the coronavirus pandemic, the housing market has been resilient.
- A report by PropertyClub narrowed down the top cities for real estate investors looking for deals on rental properties right now.
- The list was dominated by warm-weather cities, including Atlanta and Las Vegas.
- Visit Business Insider’s homepage for more stories.
The recession brought on by the coronavirus pandemic has had a clear bright spot in the resilient housing market.
Local markets are heating up as the demand for affordable homes soars against the backdrop of very tight supply, resulting in a competitive climate and rising prices.
A report by PropertyClub laid out the best cities for investors looking for deals of rental properties in 2020. PropertyClub analysts looked at employment recovery since the height of the pandemic (April 2020 through August 2020), annual population growth, and the change in home prices from September 2019 through August 2020.
Only cities with a population over 250,000 were considered for this study.
Keep reading for the top seven cities on the list.
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