Otsego Located in Anoka and Wright counties, Otsego ranked 1 on the Star Tribune's Hot Housing Index for 2018. Average price per square foot was up 20 percent compared to previous four-year average. Houses sold, on average, 2 days faster than the previous year. Sellers got, on average, 100 percent of their original list price. About 33 percent of the 537 sales were from new construction and less than 1 percent were short sales or foreclosures. Historical real estate trends in Otsego These key metrics provide a glimpse into how this real estate market has changed, particularly since the recession that lasted from December 2007 to June 2009. Median days on market Annual closed sales Homes for sale How Otsego compares to the rest of the metro The histogram charts below use U.S. Census data to show where this city (noted by the blue lines) falls in relation to other cities in the 13-county metro area on key measures regarding all of its housing and household incomes. … [Read more...] about Ranking the hottest housing markets in the Twin Cities – see how your neighborhood fared
Hottest housing markets
Colorado Springs ranks No. 6 among nation’s hottest housing markets for November
Colorado Springs came in at No. 6 in November among Realtor.com's top 20 housing markets nationwide, a ranking that was unchanged from October.The Springs has made the Realtor.com "hottest markets" list several times in recent months, as the area's surging economy and job growth have heightened the demand for housing. That's led to strong home sales and rising prices.Realtor.com, a California-based online real estate service, looks at 300 markets nationwide and ranks them based on the number of online views of homes listed for sale in each city — an indicator of demand. Realtor.com also ranks areas based on the median number of days that homes stayed on the market before selling.The top five markets in Realtor.com's November rankings were Midland, Texas; Fort Wayne, Ind.; Columbus, Ohio; Odessa, Texas; and the Boston metro area.Last week, Trulia, another online service, predicted Colorado Springs would be the nation's No. 1 housing market in 2019. … [Read more...] about Colorado Springs ranks No. 6 among nation’s hottest housing markets for November
Colorado Springs could be No. 1 housing market in U.S., according to report
Colorado Springs’ housing market has ranked as one of the country’s hottest during much of 2018 because of strong demand and rising prices, according to national publications and real estate groups.Next year, it could be No. 1 in the nation.In its annual report that looks at housing markets to watch, online real estate service Trulia ranks Colorado Springs as the No. 1 market poised for growth in 2019. That ranking indicates sales and prices could remain on the upswing in the Springs next year.“Colorado’s still a beautiful place to come to and still has a reasonably good quality of life and those factors alone will continue to bring people here,” said Doug Barber, broker-owner of the Rawhide Co. Realtors in Colorado Springs. Colorado Springs home prices rise at one of fastest clips in U.S.Trulia looked at the nation’s 100 largest housing markets and ranked them based on five indicators: job growth over the past year; a tight supply of rental … [Read more...] about Colorado Springs could be No. 1 housing market in U.S., according to report
SF, other NorCal cities no longer dominating the list of hottest housing markets
As home prices continue to rise, buyers across the country, and especially in the most expensive markets, are having second thoughts. Cicely Wedgeworth, provided by Published 3:00 am PDT, Thursday, July 5, 2018 window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-c', container: 'taboola-interstitial-gallery-thumbnails-5', placement: 'Interstitial Gallery Thumbnails 5', target_type: 'mix' }); _taboola.push({flush: true}); window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-c', container: 'taboola-interstitial-gallery-thumbnails-10', placement: 'Interstitial Gallery Thumbnails 10', target_type: 'mix' }); _taboola.push({flush: true}); window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-c', container: 'taboola-interstitial-gallery-thumbnails-15', placement: 'Interstitial Gallery Thumbnails 15', target_type: 'mix' }); _taboola.push({flush: true}); window._taboola = window._taboola || … [Read more...] about SF, other NorCal cities no longer dominating the list of hottest housing markets
Midland housing market outsizzles Boston, San Francisco, Houston
By Katherine Feser Published 9:48 am, Thursday, May 24, 2018 Photo: Michael Ciaglo, Staff Image 1of/1 CaptionClose Image 1 of 1 Oil rigs drill into the Permian Basin outside of Midland Saturday, Sept. 17, 2016. ( Michael Ciaglo / Houston Chronicle ) Oil rigs drill into the Permian Basin outside of Midland Saturday, Sept. 17, 2016. ( Michael Ciaglo / Houston Chronicle ) Photo: Michael Ciaglo, Staff Midland housing market outsizzles Boston, San Francisco, Houston 1 / 1 Back to Gallery The Texas oil town of Midland edged out Boston and San Francisco as the hottest real estate market in the country in April, while Houston stayed on the cooler side, a new report showed. Midland landed the top spot among 300 metro areas tracked by realtor.com's Market Hotness Index, which measures time-on-the-market data and listings … [Read more...] about Midland housing market outsizzles Boston, San Francisco, Houston