MortgageReal Estate

Here are the 20 hottest housing markets to close out the year

San Francisco keeps top spot

As the year comes to a close, the residential market is going through its typical seasonal slowdown.

But despite the holiday cool down, these markets are still shining through as the 20 hottest markets in the nation, with San Francisco once again landing the title of the hottest housing market in America, the latest report from realtor.com said.  

Right now, there is less demand, reduced inventory and slower market velocity in most markets.

However, while supply is moving slowly, it is still faster than last year, with days on the market is down 7% y/y.

On a similar note, the report found that the median list price in December is also down slightly from November. While this is consistent with the season, the decline is not as dramatic with prices stronger than usual in December. 

Here are the 20 hottest housing markets in December

20. Midland, Texas

19. Fort Wayne, Indiana

18. Tampa-St. Petersburg-Clearwater, Florida

17. Boulder, Colorado

16. Detroit-Warren-Dearborn, Michigan

Mich

15. Modesto, California

14. Palm Bay-Melbourne-Titusville, Florida

13. Nashville-Davidson-Murfreesboro-Franklin, Tennessee

Tenn

12. Oxnard-Thousand Oaks-Ventura, California

11. Los Angeles-Long Beach-Anaheim, California

10. Stockton-Lodi, California

9. Yuba City, California

8. Santa Rosa, California

7. Denver-Aurora-Lakewood, Colorado

Colorado

6. San Diego-Carlsbad, California

5. Sacramento-Roseville-Arden-Arcade, California

4. Dallas-Fort Worth-Arlington, Texas

Dallas Roads

3. Vallejo-Fairfield, California

2. San Jose-Sunnyvale-Santa Clara, California

1. San Francisco-Oakland-Hayward, California 

Bridge

Most Popular Articles

Is the coronavirus about to wipe out FHA lending?

It looks like borrowers who don’t fit neatly into Fannie Mae and Freddie Mac’s lending criteria could soon be running out of options if they want to buy a house. Over the last week, many (if not all) of the biggest lenders specializing in lending to borrowers outside the QM lending box paused their activities due to uncertainty in the market. And now it appears that FHA lending as we know it is disappearing from the market too.

Mar 27, 2020 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please