Why Invest in Kansas City Real Estate?
Kansas City, Missouri, continues to grow, while still managing to maintain its familiar, small-town feel. Its metro area, once known mainly for agriculture and manufacturing, has expanded its economic base and seen strong growth in its telecommunications, finance, and services sectors; the city also enjoys national and regional prominence as a distribution and manufacturing center.
Missouri’s economy is projected to generate more than 105,000 total new jobs (taking into account the time period of 2008 until 2018), a 3.9% increase, while wage and salary jobs are projected to increase by 3.2% (missiourieconomy.org). These spikes will fuel renter demand for rental properties, as a growing number of workers in the area will need housing.
- Top employers include Sprint, HCA Midwest Health System, and Cerner Corp. (bizjournals.com)
- #3 trucking center in the US (Logisticsparkkc.com)
- One of the top 10 cities poised to become the next Silicon Valley (Bright.com)
- Has more freeway miles per capita than any other major city in the US (Texas Transportation Institute)
Getting Started in Real Estate Investing? HomeUnion® Can Help
HomeUnion® is the leader in residential real estate investment. With the use of big data and machine learning, we analyze information on millions of single family homes in Kansas City, MO; and across the United States and calculate home values RENTestimate for every property in Kansas City, MO. If you’re looking for the best investment properties across the country, visit our comprehensive investment site.