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Hottest Housing Markets

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The demand for housing throughout the year has been strong and consistent, but only now is the housing inventory beginning to catch up – a fact that tends to make sense as it is not uncommon for the housing market to peak in July or August. The apparent trend has seemingly allowed the U.S. housing market to begin finding more of balance. According to a July report from Realtor.com, and as reported by Realtor Mag, “For the first three weeks in July, the median list price rose to $234,000 nationwide, up 7 percent year-over-year, while inventories of for-sale homes rose and the median days on the market increased to 69 days.

Some markets in particular are experiencing rapid growth. Realtor.com found that 20 markets receive 1.5 to three times the number of views per listing compared with the rest of the nation. Inventory in those markets is moving 24 to 41 days quicker than the national average, reported Realtor Mag.

The following list from Realtor.com shows the 20 hottest housing markets in July:

  1. San Francisco, Calif.
  2. Denver, Colo.
  3. Dallas, Texas
  4. Vallejo, Calif.
  5. Santa Rosa, Calif.
  6. San Jose, Calif.
  7. Midland, Texas
  8. San Diego, Calif.
  9. Ann Arbor, Mich.
  10. Santa Cruz, Calif.
  11. Detroit, Mich.
  12. Sacramento, Calif.
  13. Stockton, Calif.
  14. Yuba City, Calif.
  15. Columbus, Ohio
  16. Austin, Texas
  17. Los Angeles, Calif.
  18. Oxnard, Calif.
  19. San Antonio, Texas
  20. Fort Wayne, Ind.