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Updated about 7 years ago,
Realtor.com forecast Las Vegas #1 vs. Zillow forecast San Jose #1
Realtor.com forecast Las Vegas #1, while Zillow forecast San Jose #1, for top markets in 2018. Realtor and Zillow are both well known and highly regarded in the real estate industry. From what I can tell, Realtor takes data more from MLS, while Zillow uses a few more avenues like individual broker sites.
Las Vegas had 14% annual appreciation for 2017, while San Jose was 17%, for 2017. From my point of view, both double digit returns. However, the one item that stands out in favor of Las Vegas is the affordability. The median home price in Las Vegas is $265k, while San Jose tops a million.
What is your opinion? Las Vegas or San Jose?
Terry