Updated about 5 years ago on . Most recent reply
What area has the hottest market right now?
I’m a fairly new investor in the STL area. Our inventory is low and the market is super hot...I wanted to see who knows where the hottest markets are in the country...? Ready...Set...Go!!!
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HI @Bryant Brooks, welcome back the BiggerPockets forums!
I think this depends entirely on what is meant by "hot". For example, I just watched a horrid little house in a D-class location get 19 offers opening weekend when listed at 200% of what it would have sold at 6 months ago . . . So, up 200%+ in 6 months = OKC is hot! I've heard the same for Little Rock and suspect it should be true for the likes of Wichita, KC, Tulsa, and a few other similar markets.
If hot means sustained growth well above the baseline for the country look no further than Dallas, Denver, Phoenix, and Nashville.