Send Your REFERRALS

Do you know a friend who is interested in buying a home?CLICK HERE

Schedule A MEETING

Meet with one of our agents for a consultation… CLICK HERE

Why Invest TODAY?

Check out these FAQs to help you decide whether to invest today or not… CLICK HERE

Here Are The Hottest Housing Markets Ranked By Realtor.com

Realtor.com just released its hottest market list. Compiled from June data, Realtor.com studied listing searches in each U.S. market along with supply, demand and prices.

The list revealed surprises. For the first time in six years, California markets did not rank in the top five. “California is not as hot as it was. It’s because of low inventory and median home prices in some areas that are close to a million dollars,” explains Realtor.com’s Chief Economist Danielle Hale. “We are seeing people looking elsewhere to less expensive areas,” Hale adds.

The markets hitting three sweet spots—limited supply, strong demand and prices rising made the hottest market list. Days on Market (Realtor.com calls it Median Age of Inventory) is a key indicator determining a market’s health. That number averaged only 34 days in Realtor.com’s top 20 markets nationwide.

Click here for full story

 

 

This entry was posted in Real Estate and tagged . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

FEATURED PROPERTIES

714-835-7126

714-835-7126

Contact Information

Cal Bureau of Real Estate Lic.# 01960213
  • facebook
  • twitter
  • linked in