Secondary markets are mid-sized cities having a population of 1-5 million that are located near a major metropolitan area and continue to grow at an above-average rate with job growth and moderately growing population. Therefore, secondary cities have all the major amenities found at more affordable prices. Rents and housing prices are also relatively affordable in these areas.
Some examples of secondary real estate markets include Austin, Charlotte, Denver, Kansas City, Miami, Nashville, and Orlando.
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