Community Real Estate

Here Are The Hottest Housing Markets Ranked By Realtor.com

Realtor.com just released its hottest market list. Compiled from June data, Realtor.com studied listing searches in each U.S. market along with supply, demand and prices.

The list revealed surprises. For the first time in six years, California markets did not rank in the top five. “California is not as hot as it was. It’s because of low inventory and median home prices in some areas that are close to a million dollars,” explains Realtor.com’s Chief Economist Danielle Hale. “We are seeing people looking elsewhere to less expensive areas,” Hale adds.

The markets hitting three sweet spots—limited supply, strong demand and prices rising made the hottest market list. Days on Market (Realtor.com calls it Median Age of Inventory) is a key indicator determining a market’s health. That number averaged only 34 days in Realtor.com’s top 20 markets nationwide.

Click here for full story

About Community Real Estate

Community Real Estate is a Real Estate Brokerage committed to provide quality professional services. We are a full service company with in-house lending. We are Realtor®s and HUD approved selling agents. We are expert Short Sales, Listing Agents and Buyers’ Agents. We also specialize in First Time Buyers, Second Homes, Vacation Homes, Investment Homes, Leasing and Rentals, Relocations, Probate sales, Vacant Land sales, Manufacture Homes/Mobile Homes sales, Foreclosures, Distress Properties and REO listings and sales. We support our America’s Heroes. We look forward to meeting you and your needs!

View all posts by Community Real Estate →