Transform Wealth with 2020's Prime Real Estate Spots
Key Locations That Offered Exceptional Returns
Several regions across the United States stood out in 2020 for their potential to deliver high returns on investment. For instance, the suburbs around major cities like Austin, Texas, and Raleigh, North Carolina, experienced a boom in property values due to their appealing combination of affordability and quality of life. According to Zillow, home values in these areas increased by over 10% in 2020, making them attractive options for investors1.
Similarly, cities like Boise, Idaho, and Phoenix, Arizona, saw a significant influx of new residents, resulting in a competitive housing market. The demand for homes in these cities led to a sharp rise in property prices, with Boise experiencing a remarkable 23% increase in home values during 20202.