The 20 Hottest Real Estate Markets

With inventories at record lows and home prices edging higher Realtor.com recently put out a list of the 20 hottest markets so far this summer.  They looked at the nation’s biggest metro markets to determine which are buzzing with activity – in particular the number of listings at their time on the market. Red-hot California shamelessly dominates the list, however there are seven cities in the Midwest.

“The housing market has now gone 24 months in a row seeing inventory drop on a yearly basis, the longest streak in over two decades,” said Javier Vivas, manager of economic research at realtor.com, in a statement. The shortage is hitting even more markets, he added—8 out of every 10 have fewer homes for sale now than this time last year.

1. 1. Vallejo, CA
   2. San Francisco, CA
   3. Kennewick, WA
   4. Sacramento, CA
   5. Columbus, OH
   6. Detroit, MI
   7. Boston, MA
   8. Colorado Springs, CO
   9. San Jose, CA
   10. San Diego, CA
   11. Dallas, TX
   12. Waco, TX
   13. Grand Rapids, MI
   14. Stockton, CA
   15. Midland, TX
   16. Fort Wayne, IN
   17. Santa Rosa, CA
   18. Denver, CO
   19. Yuba City, CA
   20. Modesto, CA

Click here to read the full story on Realtor.com