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Updated over 9 years ago, 08/29/2015

User Stats

870
Posts
664
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James Park
  • Real Estate Broker
  • Johns Creek, GA
664
Votes |
870
Posts

10 Hottest housing markets for 2015

James Park
  • Real Estate Broker
  • Johns Creek, GA
Posted

http://money.cnn.com/2014/12/04/real_estate/hot-ho...

Some of the cities listed below maybe obvious and some maybe a suprise to you. No cities in Florida are on this list. While Atlanta, Dallas, and Houston were obvious cities for me, I was surprised to see 2 midwestern cities. For those of you who live and invest in Minneapolis, MN, Des Moines, IA, can you please explain why you think that your local market is hot market in 2015?

City                                          2015 Homes Sales Forecast              Median home price

1. Atlanta, GA                          11%  -  under rental parity                             $168k
2. Dallas, TX                             7%   -  rental parity                                       $260k
3. Des Moines, IA                     9%   -  under rental parity                             $112k
4.  Denver, CO                          14% -  rental parity                                      $291k
5. Houston, TX                           5% -   rental parity                                      $284k
6. Los Angeles, CA                    6% -   over valued                                       $532k                  7. Minneapolis, MN                    9% -      under rental parity                         $199k
8. Phoenix, AZ                           11% - rental parity                                      $169k
9. San Jose, CA                          3% -  over valued                                      $757k
10. Washington D.C.                 10% -  over valued                                     $455k

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