BY BRAD BECKETT ON JANUARY 2, 2019
Where are the hottest housing markets going to be in 2019? The folks over at Realtor.com have it covered for you. Using data from the 100 largest markets they looked existing home sales & prices and the amount of new home construction. Then they analyzed each area’s local economy along with population trends, unemployment rates, median incomes, and several other factors. Nationally, they predict that the number of overall home sales to decrease 2%, after years of steady climbs. However they point out that these 10 cities have the potential to be overachievers in 2019. Indeed…
“The diversity of these top markets suggests that real estate can thrive anywhere there is a strong local economy,” says Danielle Hale, chief economist of realtor.com. “While attracting younger individuals and families who are likely to be first-time buyers can be important, real estate can also thrive in sunny retirement communities.”
Their top 10 hottest cities are:
- Lakeland, FL
- Grand Rapids, MI
- El Paso, TX
- Chattanooga, TN
- Phoenix, AZ
- Bridgeport, CT
- Las Vegas, NV
- Boise, ID
- Miami, FL
- Boston, MA
