Mapping the Real Estate Housing Market
Take a tour of the nation’s top buyers and sellers markets and make sure to download our ebook with the top 20 tips for listing and buying agents.
Top Buyers and Sellers Markets Across the U.S.
Pick up a few pro tips in each of the following markets and download your own blank postcards for sending back home to clients with news about hot listings, open houses and more.
Atlanta
Forecast: CLEAR VISIBILITY TO OPEN BUYER’S MARKET AHEAD
Unlike many cities with geographic barriers like Chicago’s Lake Michigan, Denver’s Rocky Mountains and San Francisco’s surrounding bay, Atlanta’s housing market is an expansion model fueled by unencumbered growth all points north, west and east of the city. A wide range of price points offers buyers affordable, spacious homes on large leafy lots ranging anywhere from $260,000 to $1.3 million […]
Denver
Forecast: WARM SUMMER SELLING DAYS AHEAD
As with most cold-weather states, weather plays a major role in dictating the buying season in Colorado. A shorter selling window in summer can lead to an overflow of inventory the rest of the year. Abundant snowfall also influences many people to shop closer to the city where the roads are maintained. On the flipside, Hagen Kuhl of Vail-based The Kuhl Team notes nearby ski destinations offer an attractive […]
New York
Forecast: COLD SNAP WITH OPEN SEASON FOR BUYERS
Although New York City is not the most affordable market in the U.S., it still leads the best buyers’ markets overall. While the median home value in New York hovers around $440,000, turnover in the Big Apple has been sluggish with an average 132 days on market. “The market is very much a buyer’s market,” says Daniel Karp of Compass NY.“Supply is outpacing demand 10 to 1. It takes about 105 […]
Phoenix
Forecast: SUNNY SELLER’S MARKET WITH COOLER DAYS AHEAD
While the mercury pushes 100 degrees daily in summer over Phoenix, this booming seller’s market may be in for a cooling front but, for now, remains a hotbed for listing agents. “Demand is cooling off, but it’s not outpaced by the lack of supply. So sellers still have the advantage, though buyers are gaining back some edge,” says George Laughton of Peoria, AZ-based The Laughton Team. Over the last month […]
Seattle
Forecast: HOT WITH A WARMING TREND CONTINUING
Over the past few years, Seattle has been keeping pace with its fellow West Coast tech hubs, ranking only third behind San Francisco and San Jose in Zillow’s top 10 hot seller’s markets. Yet with a strong 96.6% sale-to-list price ratio and a low 15.2% listings-with-price-cut percentage, Seattle is not cooling quite as fast as its Bay Area tech twins to the south. Perhaps that’s because the warming trend […]
Baltimore
Forecast: COOL BUYER’S MARKET WITH INCREASED WARMING
As more millennials flock to older cities like Baltimore, many urban centers are experiencing a gentrification with older buildings revitalized into hip craft breweries, cafes and startups. “We’re still seeing lower inventory in Baltimore,” says Five Doors Network’s Jeff Payne, “but that’s starting to shift. Values are still strong and lots of buyers are still competing for properties. There’s also lots […]
Sacramento
Forecast: WARM WITH STRONG WINDS FROM THE BAY AREA
California’s capital seat maintains a strong warming trend favoring the seller, yet many local brokers report a diminished sense of urgency among buyers.
“Homes that are top of their class are selling quickly,” says Geoff Goolsby with The Goolsby Group. “However, last week, I had a listing, a single story with a pool, RV access and a three-car garage, that had 31 showings with just one offer. Point is […]
Miami
Forecast: COOL SELLING SEASON WITH TRADEWINDS
They call it the “Magic City” for its rapid growth from 1,000 residents to nearly 5.5 million over a 110-year span. The “magic” moniker could also well describe Miami’s transformation from a hard-hit casualty of the recession into a world-class destination star-studded with luxury highrises, first-class beaches and international investors.Still, Miami stands squarely in the buyer’s corner, ranking No. 2 on […]
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