Existing home sales might be dropping overall but that doesn’t mean it’s happening everywhere. Realtor.com recently took a look at the nation’s largest 200 markets and identified the top 10 that were skyrocketing. They say that these strongest housing markets have “so far have eluded the shifting tides, with double-digit annual price growth.” Be sure to check out the story as it goes into particular detail about each city and why it made their top ten list.
“Even with the deceleration in home price increases … we are still seeing strong home buying in smaller metros that have good affordability and solid job growth,” says Frank Nothaft, the chief economist at Corelogic, a real estate data firm.
The top 10 skyrocketing housing markets are:
- Chico, CA
- Birmingham, AL
- Spokane, WA
- Greensboro, NC
- Columbia, SC
- South Bend, IN
- Trenton, NJ
- Reading, PA
- Killeen, TX
- Milwaukee, WI
