This is the third post in my series on why I’m continuing to invest in Dayton real estate in 2021 and 2022. My last article provided an update on my personal experience as a Dayton real estate investor. I discussed the appreciation, as well as cash flow, that I have seen to date. I also discussed why I am happy with my returns and will continue to invest in the area going forward. In this post I’m going to specifically address why I think the continued growth of e-commerce is going to benefit our city more than many other regions. I personally believe that this benefit will lead to continued job growth for our city. The reason for my belief is the fact that our city’s geographic location puts it at the hub of major industries impacted by e-commerce, such as transportation, distribution, and technology. Our city is also central to a number of major interstates, making it perfect for many companies to make it a lynchpin of their business model. Below I will explain how these factors factor into my investment decisions. Contact me today to speak with a real estate agent if you are considering purchasing a property in our area.
Dayton’s geography is leading to jobs, which is leading to demand for real estate
At the national level, eCommerce is having its heyday, growing 39% in the first quarter of 2021 alone as people lean into online shopping. I believe that Dayton’s geography provides the city with a durable advantage over other markets in regard to this growing sector. This advantage can help drive job growth and, in turn, the real estate market. Large corporations are investing in Dayton with warehouses, distribution centers, and headquarters for businesses. Examples of this include companies such as Chewy, Crocs, Amazon, and Pak-Rite. They are investing in the area to leverage our city’s easy access to major interstates and proximity to other areas in order to streamline their operations.
The investment that companies are making in the area is leading to job growth. These companies need people working at their warehouse locations and just eight companies in the area have added 2,700 local jobs recently. In addition, Dayton has been labeled the number one city for growth in tech talent, which means more high paying jobs. This growth in the tech industry, in part, stems from the city’s proximity to several major universities. E-commerce and tech are clearly leading to more jobs in the area. I believe this job growth then creates a positive ripple effect for the real estate market.
The bottom line is that companies need people to work for them and employees need places to live. The demand for housing is rising in the Dayton area and is creating an environment that I believe is beneficial for real estate investors. And perhaps the most important aspect of this economic and real estate environment is one that it is not likely to change. Because you cannot replicate geography, and because the companies that are developing their businesses in the area are only just beginning, it is my personal opinion that the area will only continue to grow. This puts investors in a favorable position.
Dayton investors should choose a realtor with investment experience
When you are considering investing in real estate in Dayton, it’s beneficial to select an agent that has personal experience investing in the area. Every real estate market is different. I have been personally investing in the area since 2015 and can help guide you through the process and will make sure you have all the information you need when you are making your investment decision. Contact me today to speak with a realtor. I pride myself on providing quality service and I look forward to speaking with you.
On top of Dayton, I also service the areas of Beavercreek, Centerville, Cincinnati, Clayton, Englewood, Oakwood, Fairborn, Harrison Township, Huber Heights, Kettering, Miami Township, Miamisburg, Riverside, Springboro, Trotwood, Vandalia, Washington Township, West Carrollton, and Xenia.
Note & Disclaimer: Nothing in this article, or on this website, should be construed as investment or financial advice. The opinions shared on this website are the personal, and not professional, opinion of the author and are not associated with Keller Williams Advisors. Any investment decisions should be made after consulting with a certified financial/investment professional.
 How the area around the Dayton airport became a hub for distribution jobs – accessed at: https://www.daytondailynews.com/local/2700-jobs-around-airport-area-and-growing-how-it-became-a-hub-for-distribution-jobs/OBCER7QUIBHIHN26WXGMQB77C4/?utm_source=Iterable&utm_medium=email&utm_campaign=campaign_2604639
 New report ranks Dayton the No. 1 city for tech talent growth – accessed at: https://www.bizjournals.com/dayton/news/2021/07/18/dayton-tech-talent-growth.html