U.S. News Reveals Best Places to Live List U.S. News & World Report article by Daily Real Estate News | April 11, 2018
Austin, Texas, ranked number one for the second year in a row as the top place to live in the United States, according to new rankings released by U.S. News & World Report. The magazine ranks the 125 largest metros based on affordability, employment prospects, and quality of life each year.
“When deciding on a place to settle down, it’s important to understand that where a person lives can impact their well-being,” says Kim Castro, executive editor at U.S. News. “The top-ranked places are areas where citizens can feel the most fulfilled socially, physically, and financially.”
Markets with the Most Rapid Home Sales realtor.com article by Daily Real Estate News | March 13, 2018
In some markets, homes are selling at record speeds. Realtor.com®’s research team scoured the listing data to find which markets are seeing the quickest sales, based on the median number of days on the market.
The number of days spent on the market is important for sellers and prospective buyers to know, says realtor.com®’s chief economist Danielle Hale.
“That info can give home buyers an idea of how much competition they face, how limited homes are in the market, and how quickly they need to make a decision if they find a home they like,” says Hale. For sellers, it can give them an idea of how long they may have to move elsewhere.
The median number of days on the market nationwide is dropping due to an imbalance in many places in the low supply of homes compared to high demand from buyers.
Out of the nation’s 300 largest metros, realtor.com®’s research team found that the following places saw the lowest number of days on the market for its homes for sale: (Note: realtor.com® limited its ranking to one metro per state for geographic diversity.)
50 Markets Ranked: Where Does Yours Fall? Article by Daily Real Estate News | October 25, 2016
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.
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.”
ForbesWoman calculated the best cities for working females raising children. To pick the 10 best, it factored in crime rates, quality of the schools, availability of good healthcare, employment opportunities with high earning potential, and a budget-friendly cost of living.
Most districts reported improving economies and better residential real estate markets in the third of eight annual editions of the Federal Reserve’s Beige Book – this one published in April.
Every district but St. Louis and San Francisco reported that residential sales were up, but in Philadelphia, Cleveland, and Kansas City, there were concerns that the impending expiration of the first-time home buyer tax credit would slow sales.
Home prices continued to decrease in the New York and Atlanta districts, with sales particularly sluggish for high-end homes in New York, Kansas City, Dallas, and San Francisco. New residential construction increased in New York, Atlanta, St. Louis, Minneapolis, and Dallas, but was weak in Cleveland, Chicago, and San Francisco.