The housing real estate industry is definitely making a comeback and things have gotten really hot in the industry. The housing market forecasts for this year are increasingly positive and here are the hottest real estate markets in America. These cities have got an incredible amount of new home construction going on and the best part is that homes in these markets are extremely affordable. So check them out:
Atlanta-Sandy Springs, Georgia
The Atlanta metropolitan area has shown a strong growth of around 11% in home sales. It is the 8th largest economy in the United States and ranks 17th in the world.
Dallas-Fort Worth-Arlington, Texas
The Dallas metropolitan area has shown an increase of 7% in home sales this year. It is quite a popular city and has got more shopping centers than any other city in the country.
One of the hottest markets in America right now is Denver, which has shown a 14% increase in home sales. It has been voted as the 2nd best city to launch a startup and is the 50th most populated city, while housing supply has become tight.
Des Moines – West Des Moines, Iowa
Coming to one of the favorite real estate markets for millennial today, Des Moines, which has got a 56% rate of millennial homeownership, which is higher than the national. It has been voted as America’s best city for young professionals, so there is no surprise to se massive demand for homes in the city.
Los Angeles – Long Beach, California
Los Angeles has also seen an increase in home sales by 6% and the forecast for the future is that there is going to be massive demand for new homes in the coming 5 years in Los Angeles.
So if you are looking to purchase a new home, check out these real estate markets in America.