According to Attom Data's quarterly index, Wilmington, N.C. has the highest turnover of homebuyers and sellers. The median list price for the metro is $329,050.
Daren Blomquist, Attom senior vice president explains, "North Carolina has become a popular destination particularly for baby boomers who are at or near retirement," adding, "This is really a little bit of a heat check on real estate markets where we are expecting to see either strong sales or weak sales." The report is meant to gauge markets' future home sales in the third quarter. Colorado Springs, Colo., Manchester, N.H., Chicago, and Washington, D.C. were the other cities that rounded out Attom's turnover list, Realtor.com reports.
The report looked at 131 metropolitan areas with at least 100,000 single-family homes and condos. (Metros are large cities and their surrounding suburbs and towns.) ATTOM created an index from data collected from mortgage applications for residential sales to show the average ratio of homes likely to be sold in a metro.
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