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November’s Hot List: The Top 20 Markets

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November’s Hot List: The Top 20 Markets
Article by Daily Real Estate News | November 28, 2016

nashvilletn250x271

Nashville, Tennessee

California real estate professionals are staying busy. Cities in California continue to dominate lists of the most booming housing markets in the country. But they’re not alone. Many markets across the country are seeing elevated sales this fall.

“After an eventful election, demand for real estate appears to be carrying momentum going into the holiday season,” says Javier Vivas, manager of economic research for realtor.com®. “We expect that to be put to the test, as mortgage rates sky rocket to new highs. But forecasts expect growth as we enter the new year, which should keep waves of buyers intent on entering the market.”

Inventory of homes for sale is down 5 percent in November from October, but the combo of low supply and high demand is keeping prices high, realtor.com® notes. The median list price nationwide remained at $250,000 for the fourth consecutive month, a new record for November.

Realtor.com® flagged the following 20 markets as the hottest in the country in November, where homes are selling the fastest and demand is highest (based on page views):

  1. San Francisco CA
  2. Dallas TX
  3. Vallejo CA
  4. Denver CO
  5. San Jose CA
  6. San Diego CA
  7. Stockton CA
  8. Fort Wayne IN
  9. Columbus OH
  10. Detroit MI
  11. Sacramento CA
  12. Boston MA
  13. Santa Rosa CA
  14. Fresno CA
  15. Modesto CA
  16. Billings MT
  17. Nashville TN
  18. Los Angeles CA
  19. Oxnard CA
  20. Colorado Springs CO

Source: “The 20 Hottest U.S. Real Estate Markets for November 2016,” realtor.com® (Nov. 23, 2016); REALTOR® Magazine Online, Daily Real Estate News 112816

KENNETH BARGERS REALTOR® License 318311 | Pilkerton Realtors License 257352
(615) 512-9836 cellular • (615) 915-5901 facsimilekb@bargers-solutions.com email
bargers-solutions.com webkennethbargers.com blogSearch Properties
(615) 371-2474 office • (615) 371-2475 facsimile • 2 Cadillac Drive, Brentwood TN 37027 address

50 Markets Ranked: Where Does Yours Fall?

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50 Markets Ranked: Where Does Yours Fall?
Article by Daily Real Estate News | October 25, 2016

NashvilleSkyBridge130x210

Nashville, TN

Who has the hottest single-family housing market this fall? Fort Lauderdale, Fla., according to a new report released by Ten-X, an online real estate marketplace. Ten-X ranked the 50 largest single-family housing markets for fall 2016 based on current and forecasted fundamentals.

Florida markets continue to dominate its list for the second consecutive season.

“Florida’s housing market continues to set the pace for the nation, with five of the top 10 metros on our report,” says Rick Sharga, Ten-X executive vice president. “While all of the top five markets took substantial hits during the housing crash, especially Las Vegas, the continued road to recovery for these destination cities is looking even brighter.”

The five single-family markets topping Ten-X’s list for this fall are: Fort Lauderdale, Fla.; Palm Beach County, Fla.; Tampa, Fla.; Orlando; and Las Vegas.

The rankings factor in pricing, sales, permit activity, and economic growth, population growth.

See how your metro stacked up.

  1. Fort Lauderdale
  2. Palm Beach County
  3. Tampa
  4. Orlando
  5. Las Vegas
  6. Phoenix
  7. Seattle
  8. Nashville
  9. Dallas
  10. Jacksonville
  11. Denver
  12. Portland
  13. Oakland
  14. Atlanta
  15. Columbus
  16. Raleigh
  17. San Francisco
  18. San Jose
  19. Miami
  20. Boston
  21. Austin
  22. San Diego
  23. Charlotte
  24. Salt Lake City
  25. DC
  26. Riverside
  27. Los Angeles
  28. Indianapolis
  29. Sacramento
  30. Minneapolis
  31. Fort Worth
  32. Orange County
  33. San Antonio
  34. Kansas City
  35. Detroit
  36. Pittsburgh
  37. Cincinnati
  38. Milwaukee
  39. Northern Virginia
  40. St. Louis
  41. Suburban Maryland
  42. Houston
  43. Memphis
  44. Philadelphia
  45. Long Island
  46. Northern New Jersey
  47. Chicago
  48. Cleveland
  49. Central New Jersey
  50. Baltimore

Source: Ten-X   Article distribution: REALTOR® Magazine Online, Daily Real Estate News 102516

KENNETH BARGERS REALTOR® License 318311 | Pilkerton Realtors License 257352
(615) 512-9836 cellular • (615) 915-5901 facsimilekb@bargers-solutions.com email
bargers-solutions.com webkennethbargers.com blogSearch Properties
(615) 371-2474 office • (615) 371-2475 facsimile • 2 Cadillac Drive, Brentwood TN 37027 address

The Hot List: 20 Markets Soaring in September

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The Hot List: 20 Markets Soaring in September
Article by Daily Real Estate News | September 30, 2016

realtordotcom-logoSeptember is shaping up to be the hottest fall in the last decade, according to realtor.com®’s latest housing report. Homes for sale in September are moving 4 percent more quickly than last year, despite prices zooming to record highs.

The median home price was $250,000 in September, about 9 percent higher than a year ago and marking a new high for September, realtor.com® reports.

“The fundamental trends we have been seeing all year remain solidly in place as we enter the slower time of the year,” says Jonathan Smoke, realtor.com’s chief economist. A shortage of homes for sale on the market mixed with high demand is triggering price increases across many markets, he says.

So, which housing markets in September stood out the most? Realtor.com®’s data team factored in the number of days homes are spending on the market and the number of views that listings received at its site.

They pinpoints these cities as the hottest real estate markets in the nation in September — those in which inventories are moving 23 to 43 days more quickly than the national average, and listings are garnering 1.4 to 3.7 more views.

  1. San Francisco
  2. Vallejo
  3. Denver
  4. Dallas
  5. San Diego
  6. Stockton
  7. Fort Wayne
  8. Sacramento
  9. San Jose
  10. Waco
  11. Modesto
  12. Columbus
  13. Yuba City
  14. Detroit
  15. Santa Rosa
  16. Colorado Springs
  17. Santa Cruz
  18. Kennewick
  19. Nashville
  20. Grand Rapids

Source: “The Hottest U.S. Real Estate Markets for September 2016,” realtor.com® (Sept. 29, 2016); REALTOR® Magazine Online, Daily Real Estate News 093016

KENNETH BARGERS REALTOR® License 318311 | Pilkerton Realtors License 257352
(615) 512-9836 cellular • (615) 915-5901 facsimilekb@bargers-solutions.com email
bargers-solutions.com webkennethbargers.com blogSearch Properties
(615) 371-2474 office • (615) 371-2475 facsimile • 2 Cadillac Drive, Brentwood TN 37027 address

Nashville among the 10 Best Cities for Home Owners

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Nashville among the 10 Best Cities for Home Owners
Article by Daily Real Estate News | September 02, 2016

HomeFrontFlagIt’s important that during a home search your clients consider what it would be like to live in a location and in housing where they can feel comfortable in the long-term.

Just buying a home should not be the ultimate endgame. “Successful ownership should be the goal,” says Lawrence Yun, chief economist with the National Association of REALTORS®.

To find the cities in the U.S. where owners had the best shot at successful long-term home ownership, Bankrate looked at a variety of factors including neighborhood characteristics, property taxes, utility costs, foreclosure rates, maintenance costs, affordability, energy costs, and more.

These are their picks for the 10 best cities for home owners:

  1. Portland
  2. Phoenix
  3. Atlanta
  4. Las Vegas
  5. Minneapolis-St. Paul
  6. Indianapolis
  7. Salt Lake City
  8. Denver
  9. Louisville
  10. Nashville

Source: “The Best and Worst Cities for Homeowners,” Bankrate (Aug. 31, 2016); REALTOR® Magazine Online, Daily Real Estate News 090216

KENNETH BARGERS REALTOR® License 318311 | Pilkerton Realtors License 257352
(615) 512-9836 cellular • (615) 915-5901 facsimilekb@bargers-solutions.com email
bargers-solutions.com webkennethbargers.com blogSearch Properties
(615) 371-2474 office • (615) 371-2475 facsimile • 2 Cadillac Drive, Brentwood TN 37027 address

August 2016’s 20 Hottest Housing Markets

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August 2016’s 20 Hottest Housing Markets
realtor.com | August 25, 2016

NashvilleSkyBridge130x210Housing is sizzling in the last few weeks before the end of summer. According to Realtor.com®, it’s the “hottest August in a decade” for real estate.

Homes are selling 2 percent more quickly than a year ago and prices are reaching new highs. The median home was listed for $250,000 on realtor.com®, which is 8 percent higher than a year ago.

Realtor.com®’s research team did its annual checkup on housing markets across the country to identify which metros are seeing homes sell the fastest and garnering the most listing views (based on realtor.com® traffic). New cities added to its list this month included Kennewick, Wash., and Waco, Texas. Detroit also notably moved up in the rankings this month, up four spots to land in the top 10.

Here are the 20 real estate markets that topped realtor.com®’s list in August:

  1. Vallejo, California
  2. Dallas, Texas
  3. Denver, Colorado
  4. San Francisco, California
  5. Stockton, California
  6. San Diego, California
  7. Columbus, Ohio
  8. Waco, Texas
  9. Detroit, Michigan
  10. Sacramento, California
  11. Fort Wayne, Indiana
  12. Yuba City, California
  13. Modesto, California
  14. San Jose, California
  15. Fresno, California
  16. Colorado Springs, Colorado
  17. Santa Cruz, California
  18. Kennewick, Washington
  19. Santa Rosa, California
  20. Nashville, Tennessee

Source: “America’s 20 Hottest Markets for Real Estate in August 2016,” realtor.com® (Aug. 25, 2016); REALTOR® Magazine Online, Daily Real Estate News 082516

KENNETH BARGERS REALTOR® License 318311 | Pilkerton Realtors License 257352
(615) 512-9836 cellular • (615) 915-5901 facsimilekb@bargers-solutions.com email
bargers-solutions.com webkennethbargers.com blogSearch Properties
(615) 371-2474 office • (615) 371-2475 facsimile • 2 Cadillac Drive, Brentwood TN 37027 address

Nashville Among The 20 Hottest Housing Markets for July 2016

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Nashville Among The 20 Hottest Housing Markets for July 2016
Article by Daily Real Estate News | July 28, 2016

ParthenonCornerJuly 2016 may end up as a month for the record books. According to new realtor.com® data, the U.S. is seeing the hottest July for home buying and selling in a decade.

“The best spring in a decade has transitioned into the hottest summer in a decade,” says Jonathan Smoke, realtor.com®’s chief economist. “Pent-up demand left over from tight supply for two years against the backdrop of mortgage rates remaining near three-year lows have encouraged buyers to keep active at a time when sales usually begin to decline.”

Smoke estimates that properties spent a median of 68 days on the market in July, and the median home price is $251,000, a record price for the month and 7 percent higher than a year ago.

In certain markets, housing markets are especially sizzling. Realtor.com®’s research team took a look at the number of days homes spent on the market, the measure of available supply, and the number of listing views on realtor.com® (to represent demand). They then identified the following 20 medium-to-large U.S. markets where homes are selling the fastest:

  1. Vallejo, CA
  2. Dallas, TX
  3. Denver, CO
  4. San Francisco, CA
  5. Stockton, CA
  6. Columbus, OH
  7. San Diego, CA
  8. Santa Cruz, CA
  9. Sacramento, CA
  10. Santa Rosa, CA
  11. Yuba City, CA
  12. Modesto, CA
  13. Detroit, MI
  14. Fort Wayne, IN
  15. San Jose, CA
  16. Colorado Springs, CO
  17. Fresno, CA
  18. Eureka, CA
  19. Nashville, TN
  20. Ann Arbor, MI

Source: “America’s 20 Hottest Real Estate Markets for July 2016,” realtor.com® (July 28, 2016); REALTOR® Magazine Online, Daily Real Estate News 072816

KENNETH BARGERS REALTOR® License 318311 | Pilkerton Realtors License 257352
(615) 512-9836 cellular • (615) 915-5901 facsimilekb@bargers-solutions.com email
bargers-solutions.com webkennethbargers.com blogSearch Properties
(615) 371-2474 office • (615) 371-2475 facsimile • 2 Cadillac Drive, Brentwood TN 37027 address

Nashville among the 10 Hot Housing Markets for Singles

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10 Hot Housing Markets for Singles
Article by Daily Real Estate News | February 12, 2016

In some cities, love and real estate could make a perfect match. Realtor.com®’s research team recently identified the cities that attract singles with low employment, affordable housing, and a wide range of fun activities.

“These markets are not simply places with a high number of singles; in fact, the raw share of singles in these markets combined is about the same as the U.S. average,” says Javier Vivas, a realtor.com economic research analyst. “What really distinguishes this set are the more favorable conditions singles face when it comes to home ownership. Some of those right ingredients include solid job creation, rational price appreciation, and varied amounts of affordable inventory.”

The following cities boast 20 to 50 percent more single-owned households compared to the rest of the nation. Also, median list prices are more affordable for residents earning the median income, and unemployment rates are near or less than the national average of 5 percent.

Realtor.com® identified the following cities as the “best cities for singles looking for love and real estate.”

Hottest-Cities-for-Singles-

Visit realtor.com® to learn more about these top 10 single cities and the best date ideas in each of the top 10 locales too.

Source: “Best Cities for Singles Looking for Love and Real Estate,” realtor.com® (Feb. 10, 2016); REALTOR® Magazine Online, Daily Real Estate News 021216

Kenneth Bargers, REALTOR® | Pilkerton Realtors
(615) 512-9836 cellular (615) 371-2474 office kb@bargers-solutions.com email
www.bargers-solutions.com web kennethbargers.com blog
2 Cadillac Drive, Brentwood Tennessee address

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