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    You are at:Home»Market Trends»Fall 2021 Emerging Housing Markets Index

    Fall 2021 Emerging Housing Markets Index

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    By Brad Beckett on November 3, 2021 Market Trends

    Realtor.com & the Wall Street Journal recently released their 3rd Emerging Housing Markets Index which identifies markets they believe will be good areas to purchase a home for both homeowners and investors.  To get their index, they used a slate of housing market, economic vitality, and quality of life metrics to identify emerging housing markets for the largest 300 metropolitan areas in the United States.

    “…After a rollercoaster over the past year and a half, the housing market is on better footing and has added approximately $3 trillion in value in the most recent 6 months while one measure of the U.S stock market has surged by more than $5 trillion. U.S. residential real estate is a major store of wealth that is more widely held than stocks. These two factors mean that housing is not only a large and valuable asset class, it has the ability to affect the financial outcomes of a broader swath of individuals and families than the U.S. stock market.”

    The Top-20 Emerging Housing Markets:

    RANK Metro Area 2020 Population
    1 Elkhart-Goshen, IN 206,268
    2 Rapid City, SD 142,876
    3 Topeka, KS 231,862
    4 Raleigh, NC 1,392,356
    5 Jefferson City, MO 150,973
    6 Burlington, NC 169,173
    7 Coeur d’Alene, ID 165,656
    8 Eureka-Arcata-Fortuna, CA 135,839
    9 Johnson City, TN 203,980
    10 Huntsville, AL 471,683
    11 Colorado Springs, CO 747,337
    12 Fort Wayne, IN 412,874
    13 Manchester-Nashua, NH 417,738
    14 Kennewick-Richland, WA 299,619
    15 Decatur, AL 152,481
    16 Billings, MT 181,723
    17 North Port-Sarasota-Bradenton, FL 837,983
    18 Waco, TX 274,362
    19 Durham-Chapel Hill, NC 645,559
    20 Boulder, CO 326,020

    Click here to read the full report at Realtor.com.

     

     

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