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Searching for a home? These are the top 20 U.S. housing markets

Searching for a home? These are the top 20 U.S. housing markets

DIGITAL MARKETING NEWS

Searching for a home? These are the top 20 U.S. housing markets

Getting ready to buy your first home? Check out these tips firstMake sure you’re aware of these expert-approved tips before buying your first home.By GET Creative, for Rocket MortgageAfter a record-breaking 5.6 million homes sold in 2020, the highest in 14 years, the U.S.  housing market is heating up even more as it enters the traditional homebuying season in April. The time frame between March and  August accounts for 56% of existing home sales. Reclaiming the top spot as the hottest market in the country is the Manchester-Nashua metro area in New Hampshire after last holding the title in October 2020. Half of all homes in Manchester, which is about 46 miles from Boston, were selling in under 19 days in March — 10 days faster than last year, and 35 days faster than is typical in the rest of the country, according to a report by Realtor.com. The second-hottest market is also in the Granite State. That title went to Concord, New Hampshire, where half of all homes spent just 20 days on the market.The median listing price of homes in the Manchester-Nashua area was $420,000 in March, up 8.4% year over last year.Bernie Madoff: Bernie Madoff dies in prison: Investment manager orchestrated the largest Ponzi scheme in historyHelp with home buying: Frontline worker? Here’s how to buy a home at a deep discount.Both areas are an affordable alternative to nearby Boston, where median listing prices were hovering around $700,000 in March. Boston accounted for about 50% of views coming into the Manchester-Nashua metro area.“Metro areas in New Hampshire are positioned like a lot of small towns or smaller cities that are not too far from the big city,” said Danielle Hale, chief economist for Realtor.com. “And people are looking further away from city centers in part because they have the flexibility to work remotely now, and perhaps some hope that that may continue into the future.”The top 20 hottest markets were determined based on the number of unique views per property and the number of days a listing stayed active on Realtor.com in March 2021. Homes in these 20 markets received up to four times the number of views per listing compared to the national average and are selling 23 to 44 days more quickly than the typical property in the United States overall. “For buyers, it’s a tough real estate market,” said Hale. “But we should see more sellers coming, which means more options for buyers who may be quite frustrated at not finding what they’re hoping to find when they are there.”Ten states were represented in the top 20 list — California, Idaho, Indiana, Massachusetts, Nevada, New Hampshire, North Carolina, Ohio, Washington and Wisconsin. California dominated with six markets represented.The 20 hottest housing markets in March were:1. Manchester-Nashua metro area, New HampshireViewers per property: 3.02 Days on market: 19Median price: $420,0002. Concord, New HampshireViewers per property: 4.10 Days on market: 20Median home price: $362,0003. Vallejo-Fairfield, CaliforniaViewers per property: 1.83Days on market: 11Median home price: $550,0004. Burlington, North Carolina Viewers per property: 2.29Days on market: 21Median home price: $302,0005. Springfield, OhioViewers per property: 3.17Days on market: 26Median home price: $145,0006. Lafayette-West Lafayette, IndianaViewers per property: 2.12Days on market: 26Median home price: $297,0007. Yuba City, CaliforniaViewers per property: 2.20Days on market: 27Median home price: $427,0008. Santa Cruz-Watsonville, CaliforniaViewers per property: 1.68Days on market: 20Median home price: $1,222,0009.Stockton-Lodi, CaliforniaViewers per property: 1.54Days on market: 17Median home price: $468,00010.Spokane-Spokane Valley, WashingtonViewers per property: 1.59Days on market: 19Median home price: $435,00011. Janesville-Beloit, WisconsinViewers per property: 2.78Days on market: 30Median home price: $250,00012. Modesto, CaliforniaViewers per property: 1.54Days on market: 19Median home price: $499,00013. Reno, NevadaViewers per property:1.39Days on market: 15Median home price: $562,00014. Worcester, Massachusetts -Connecticut metro areaViewers per property: 1.83Days on market: 30Median home price: $395,00015. Appleton, WisconsinViewers per property: 2.02Days on market: 31Median home price: $302,00016. Coeur D’alene, IdahoViewers per property: 1.49Days on market: 23Median home price: $799,00017. Madison, WisconsinViewers per property: 1.59Days on market: 28Median home price: $399,00018. Eureka-Arcata-Fortuna, CaliforniaViewers per property: 1.88Days on market: 31Median home price: $439,00019. Columbus, OhioViewers per property: 1.54Days on market: 29Median home price: $329,00020. Akron, OhioViewers per property: 1.73Days on market: 31Median home price:$180,000Swapna Venugopal Ramaswamy is the Housing and Economy reporter for USA TODAY. Follow her on Twitter @SwapnaVenugopal 


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