By Free Republic | Created at 2025-01-07 20:21:36 | Updated at 2025-01-08 17:04:50
20 hours ago
These will be the most competitive housing markets in 2025, Zillow report predicts
The Hill ^ | 01/07/2025 | Addy Bink
Posted on 01/07/2025 12:12:58 PM PST by ChicagoConservative27
(NEXSTAR) — While the national housing supply recently reached a four-year high, buying a home in some U.S. cities may be especially difficult in 2025, a new Zillow report suggests.
To make its predictions, Zillow reviewed multiple factors — including how quickly homes have been selling, and its own forecast for home value growth — in the 50 most populated cities nationwide.
Overall, Zillow’s analysis determined cities primarily on the East Coast could have the hottest housing markets of 2025.
For the second year in a row, Buffalo, New York, held the top spot on Zillow’s list. The company pointed to the city’s relative affordability and job market as the driving factors behind Buffalo’s competitive real estate status.
“Construction that keeps pace with an area’s growth remains a crucial piece of keeping homes available and accessible. In chilly Buffalo, competition among buyers will remain hot, with employment growing far faster than builders are adding homes,” said Skylar Olsen, Zillow’s chief economist.
(Excerpt) Read more at thehill.com ...
TOPICS: Business/Economy; Local News; Reference; Society
KEYWORDS: 2025; competitive; housing; markets; predicts; report; zillow
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Buffalo NY????????
To: ChicagoConservative27
2 posted on 01/07/2025 12:14:02 PM PST by fwdude (Why is there a "far/radical right," but damned if they'll admit that there is a far/radical left?)
To: ChicagoConservative27
Uh oh!
Other major metros that dropped down in the rankings were Orlando and Tampa, Florida; Atlanta, Georgia; Las Vegas, Nevada; and Los Angeles, California.
3 posted on 01/07/2025 12:17:07 PM PST by dragnet2 (Diversion and evasion are tools of deceit)
To: ChicagoConservative27
Some people are into 20 feet of snow a year and crime.
4 posted on 01/07/2025 12:20:21 PM PST by HYPOCRACY (Democracy is dead. Long live the Republic!)
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