Top markets for affordable renovated housing inventory

Despite the rapidly deteriorating affordability, there is some hope for homebuyers in the form of renovated homes: properties that have been rehabbed into move-in ready condition after being purchased at auction.

HousingWire Magazine: December 2021/ January 2022

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Here are the 10 hottest housing markets right now

Some metros seeing double-digit increase for the year

Home-price appreciation has drastically changed from a year ago, growing in 42 of the 102 metro areas nationwide, RealtyTrac’s November 2014 Residential and Foreclosure Sales Report found.

Dayton, Ohio, came in at the top of the list, moving from just -1% annual home price appreciation in November 2013, to 20% annual HPA in November 2014.

RealtyTrac analyzed median prices for sales of residential properties nationwide, looking at state and metropolitan statistical areas with a population of 500,000 or more in order to find the top 10 accelerating home price appreciation metros.

Here are the other nine housing markets that are on fire right now, with some coming out of negative appreciation in 2013.

Click to enlarge



Source: RealtyTrac

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