Tag Archives: Job Growth

Another Top-10 List — 2016 U.S. Boom Towns

Regardless how good or bad the U.S. economy is, at any point in time some markets are hot and others are not. Even within a city, some neighborhoods are hot and others not. Jobs are everything. Period. As jobs increase, likewise does construction and household formation rates. To define the hottest markets in the country, …Read more

March Existing Home Sales Up 1.5 Percent Year-Over-Year and Up 5.1 Percent Sequentially from February — Median Price Up 5.7 Percent from a Year Ago

March 2016 existing home sales rose 1.5 percent year-over-year on a seasonally adjusted annualized rate (SAAR) of 5.33 million, which was also up 5.1 percent sequentially from February per the National Association of Realtors® (NAR). The median price of $222,700 (for all property types) in March 2016 was up 5.7 percent versus March 2015. From …Read more

Another Top-10 List — Trendiest But Still Affordable Cities

There are two words not often used in the same sentence when describing a housing market: Trendiest and Affordable. Yet Millennials today seek both when looking for a place to live and work. So what their options? To identify markets that qualify for these two attributes simultaneously, Realtor.com examined the 500 largest cities in the …Read more

Another Top-10 List — Fastest Growing Cities in 2016

There is a badge of merit for those metro areas having the greatest growth rates (both demographically as in population and economically) across the country. When It comes to population growth rates, bigger is better. Ditto the economy. What was hot last year, however, may not necessarily be so this year, and there may be …Read more

Another Top-10 List — Best Cities for Young Families

Last week I spoke at multiple events in Southwest Florida along the Gulf Coast. Not surprising, many of the markets were very pricey. Naples-Marco Island, for example, ended up December 2015 with median and average prices of $430,000 and $640,714, respectively. That’s similar to San Diego’s $468,100 median price in December and Los Angeles’ $495,000. …Read more