Posts Tagged ‘aggregate housing’
Top 5 U.S. Housing Markets of 2012
Writing on RealtyPin.com, Daniel Torelli names his Top 5 Housing Markets From 2012.
The East Coast is conspicuously absent…
5. Austin, Texas
Mr. Torelli says: “rent prices are off the charts in Austin – meaning that more people are looking at buying as a more cost-effective alternative. Right now, Austin homes are spending half as long on the market as they were in 2011.”
4. Phoenix, Arizona
“Phoenix has surprised real estate experts all year long – first with its median sale price increases, and now with the surge of investors that have descended on the city. All-cash transactions have actually become common here.”
2. Seattle, Washington
“In every month, Seattle’s median selling price was higher than the corresponding month in 2011. In November, the median selling price was $420,000 – a major improvement over $379,000 in November 2011! Thanks to eager buyers, the average Seattle home is spending a mere 30 days on the market.”



