ATTOM Data Solutions has compiled a list of U.S. cities likely to have the most home sales in the third quarter of 2017. MarketWatch reports that Colorado Springs, a city that has been previously rated for its affordability, topped the list.
In some of the nation’s hottest housing markets, there was more interest in counties farther away from jobs but with more affordable homes, said Daren Blomquist, a senior vice president at ATTOM.
Colorado Springs was followed by Chicago, Washington, D.C., Reno, Nev., and Lexington, Ky. Low on the list were pricier markets like San Francisco, Rochester, N.Y., and Honolulu.
Advertisement
Related Stories
New-Home Sales
Mortgage Rates Are Up but New-Home Sales Still Solid in March
Lack of existing home inventory drove a rise in new-home sales, despite higher interest rates in March
Labor + Trade Relations
Who's Earning What in Construction
Workers in construction management roles may earn a higher median wage, but on average, lower-paid occupations have experienced somewhat faster wage growth
Build to Rent
Build-to-Rent Is Booming, Particularly in These Metros
A recent report finds that the Phoenix metro leads with more than 4,000 build-to-rent units completed in 2023, and Texas is the leading state for build-to-rent development