Goldman Sachs Says Bet on Sun Belt REITs: 3 Top Picks Pay Large, Dependable Dividends
Briefly

REITs, or real estate investment trusts, facilitate real estate investment without direct ownership, pooling funds from investors to manage diverse portfolios. Current economic trends highlight the attractiveness of REITs, especially with anticipated federal interest rate cuts. With many Americans migrating to the Sun Belt states, which is experiencing better economic growth compared to other regions, investors may find REITs an appealing option for both passive income and growth potential. The report from Goldman Sachs emphasizes the increased strength of REITs in these areas as migration continues.
REITs enable individuals to invest in real estate without directly owning properties, by pooling funds from investors to manage a diversified portfolio.
An estimated 5 million Americans have relocated to Sun Belt states over the past 10 years, indicating a growing trend that benefits REITs.
While the December 2024 interest rate cut may be the last for a while, buying REITs now could be advantageous as rates are expected to lower.
The economy in many Sun Belt states shows stronger growth than other regions, making REIT investments in those areas particularly appealing.
Read at 24/7 Wall St.
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