Get ’em while they’re hot…The good folks over at Realtor.com, like everyone else, have been watching shrinking inventory drive up home prices all across the country. To that they, they crunched the numbers and took a “deep dive” into their listings to find those housing markets where home prices are growing at the fastest clip. To come up with their list, they analyzed the increase in median list prices on realtor.com from 9/17 to 9/18 in the largest 300 metros. Then they ranked the places that saw the biggest percentage change in home prices during that span and limited it to just two metros per state to ensure some geographic diversity. Indeed…
“There are a few places where home price growth isn’t just edging up, it’s actually growing at an accelerated rate, putting fat profits into the pockets of sellers. And here’s the thing: They’re not those ultrapricey, usual suspects like New York, San Fransisco, or Seattle.”
Click here to read the full story on Realtor.com.