When it comes to finding the best real estate markets, it’s important to consider the supply and demand ratios. In a buyer’s market, prices are low and there’s an ample supply of homes for sale. Using online data aggregators such as Zillow, Redfin, and Roofstock can help you identify a buyer’s market. Buyer’s markets are typically centered around one or more large cities and the surrounding suburbs and exurbs.
Top 10 hottest real estate markets in the US
In the past few years, the US housing market has gone through ups and downs. The trend has continued into 2020, and many markets are expected to continue their growth in the upcoming year. Even in these markets, the selling prices have increased significantly but are expected to moderate over time.
Phoenix, Arizona is a prime real estate market for buyers of all ages. Its weather and lower cost of living have attracted many retirees, but younger generations are also flocking to the area to take advantage of the area’s growing technology sector. This is making it hard to find affordable real estate, and builders are scrambling to meet demand. While Phoenix may not be a perfect place to buy a home right now, there are many reasons to consider buying in Phoenix.
On the border of New York and New Jersey, the Garden State is also one of the US’s hottest real estate markets for buyers. New Jersey’s housing inventory is relatively low, with only 13,674 homes on the market. The …Housing Markets For Buyers and Sellers READ MORE