2018 Housing Forecast by Realtor.com.......and #1 is Las Vegas

[Terry Lao]

Realtor.com came out with their 2018 housing forecast and the top 100 largest metros, ranked by sales and growth, and #1 is Las Vegas. This is another honor, and another organization give Las Vegas high honors. Below is link and top 100 ranking is at bottom. Lots to read. I will summarize with list below.

https://research.realtor.com/2018-national-housing...

What do you think?

Terry

Top 100 Largest U.S. Metros Ranked by Forecasted 2018 Sales and Price Growth

Rank	Metro	2018 Sales Growth	2018 Price Growth
1	Las Vegas-Henderson-Paradise, Nev.	4.90	6.90
2	Dallas-Fort Worth-Arlington, Texas	6.02	5.57
3	Deltona-Daytona Beach-Ormond Beach, Fla.	5.47	6.00
4	Stockton-Lodi, Calif.	4.55	6.43
5	Lakeland-Winter Haven, Fla.	3.00	7.00
6	Salt Lake City, Utah	4.62	4.50
7	Charlotte-Concord-Gastonia, N.C.-S.C.	5.98	3.02
8	Colorado Springs, Colo	3.12	5.65
9	Nashville-Davidson–Murfreesboro–Franklin, Tenn.	1.00	7.67
10	Tulsa, Okla.	7.54	1.02
11	Seattle-Tacoma-Bellevue, Wash.	2.34	6.21
12	Spokane-Spokane Valley, Wash.	3.50	4.97
13	Austin-Round Rock, Texas	4.04	4.42
14	Miami-Fort Lauderdale-West Palm Beach, Fla.	3.10	5.28
15	Little Rock-North Little Rock-Conway, Ark.	7.00	1.37
16	Denver-Aurora-Lakewood, Colo.	1.75	6.54
17	Orlando-Kissimmee-Sanford, Fla.	1.24	6.88
18	Toledo, Ohio	5.16	2.95
19	Columbia, S.C.	5.07	3.00
20	Palm Bay-Melbourne-Titusville, Fla.	1.00	7.00
21	Jacksonville, Fla.	4.73	3.20
22	Durham-Chapel Hill, N.C.	5.18	2.62
23	Providence-Warwick, R.I.-Mass.	3.72	3.97
24	Akron, Ohio	5.89	1.70
25	North Port-Sarasota-Bradenton, Fla.	3.00	4.50
26	Chattanooga, Tenn.-Ga.	3.50	4.00
27	Worcester, Mass.-Conn.	3.77	3.68
28	Raleigh, N.C.	1.63	5.77
29	Tampa-St. Petersburg-Clearwater, Fla.	1.38	6.00
30	Grand Rapids-Wyoming, Mich.	2.96	4.25
31	Boise City, Idaho	2.00	5.00
32	San Jose-Sunnyvale-Santa Clara, Calif.	2.50	4.37
33	Greenville-Anderson-Mauldin, S.C.	2.80	4.00
34	Madison, Wis.	1.72	5.05
35	Albuquerque, N.M.	2.92	3.71
36	Houston-The Woodlands-Sugar Land, Texas	2.24	4.19
37	Winston-Salem, N.C.	3.00	3.21
38	Riverside-San Bernardino-Ontario, Calif.	0.52	5.66
39	Buffalo-Cheektowaga-Niagara Falls, N.Y.	1.27	4.89
40	Fresno, Calif.	1.29	4.81
41	San Francisco-Oakland-Hayward, Calif.	0.94	5.14
42	Detroit-Warren-Dearborn, Mich.	1.17	4.77
43	Phoenix-Mesa-Scottsdale, Ariz.	3.66	2.26
44	Oxnard-Thousand Oaks-Ventura, Calif.	2.29	3.62
45	Augusta-Richmond County, Ga.-S.C.	2.50	3.34
46	Tucson, Ariz.	3.00	2.71
47	San Diego-Carlsbad, Calif.	2.51	3.19
48	Youngstown-Warren-Boardman, Ohio-Pa.	3.01	2.50
49	Harrisburg-Carlisle, Pa.	2.50	3.00
50	Cleveland-Elyria, Ohio	3.00	2.48
51	Birmingham-Hoover, Ala.	3.00	2.42
52	McAllen-Edinburg-Mission, Texas	2.38	3.00
53	Charleston-North Charleston, S.C.	3.64	1.69
54	New York-Newark-Jersey City, N.Y.-N.J.-Pa.	1.16	4.15
55	Jackson, Miss.	0.00	5.30
56	Virginia Beach-Norfolk-Newport News, Va.-N.C.	1.40	3.82
57	Boston-Cambridge-Newton, Mass.-N.H.	2.55	2.64
58	Pittsburgh, Pa.	3.53	1.62
59	Oklahoma City, Okla.	1.49	3.51
60	Portland-South Portland, Maine	5.00	0.00
61	Cape Coral-Fort Myers, Fla	1.00	3.99
62	El Paso, Texas	2.69	2.24
63	Minneapolis-St. Paul-Bloomington, Minn.-Wis.	0.00	4.93
64	Knoxville, Tenn.	2.00	2.92
65	Allentown-Bethlehem-Easton, Pa.-N.J.	4.12	0.57
66	Bakersfield, Calif.	1.00	3.61
67	Urban Honolulu, Hawaii	1.43	3.11
68	Des Moines-West Des Moines, Iowa	3.20	1.19
69	Greensboro-High Point, N.C.	1.34	2.97
70	Springfield, Mass.	1.24	3.00
71	New Orleans-Metairie, La.	2.00	2.24
72	Cincinnati, Ohio-Ky.-Ind.	1.47	2.32
73	Wichita, Ks.	2.23	1.49
74	Richmond, Va.	2.68	1.02
75	Columbus, Ohio	0.05	3.58
76	Sacramento–Roseville–Arden-Arcade, Calif.	1.00	2.61
77	Rochester, N.Y.	1.56	2.02
78	Hartford-West Hartford-East Hartford, Conn.	4.46	-1.05
79	Albany-Schenectady-Troy, N.Y.	0.75	2.55
80	Dayton, Ohio	3.01	0.19
81	Memphis, Tenn.-Miss.-Ark.	1.37	1.82
82	Scranton–Wilkes-Barre–Hazleton, Pa.	1.18	1.81
83	Philadelphia-Camden-Wilmington, Pa.-N.J.-Del.-Md.	3.78	-1.04
84	Chicago-Naperville-Elgin, Ill.-Ind.-Wis.	0.00	2.57
85	Syracuse, N.Y.	0.00	2.57
86	Milwaukee-Waukesha-West Allis, Wis.	0.00	2.48
87	Baltimore-Columbia-Towson, Md.	0.48	1.82
88	New Haven-Milford, Conn.	2.96	-0.67
89	Washington-Arlington-Alexandria, D.C.-Va.-Md-W.V.	0.00	2.25
90	Omaha-Council Bluffs, Neb.-Iowa	0.00	2.18
91	Louisville/Jefferson County, Ky.-Ind.	-2.74	4.92
92	San Antonio-New Braunfels, Texas	0.37	1.52
93	Portland-Vancouver-Hillsboro, Ore.-Wash.	-3.48	4.98
94	Baton Rouge, La.	0.00	1.50
95	Atlanta-Sandy Springs-Roswell, Ga.	-1.88	2.99
96	Los Angeles-Long Beach-Anaheim, Calif.	-2.10	3.09
97	Indianapolis-Carmel-Anderson, Ind.	3.49	-2.53
98	Kansas City, Mo-Kan.	0.00	-0.12
99	St. Louis, Mo.-Ill.	0.00	-2.83
100	Bridgeport-Stamford-Norwalk, Conn.	-0.35	-2.87

Realtor.com’s model-based forecast uses data on the housing market and overall economy to estimate values for these variables for the year ahead. The forecast result is a projection for annual total sales increase (total 2018 existing-home sales vs. 2017) and annual median price increase (2018 median existing-home sales price vs. 2017).