Tampa, Fla., has been thriving since losing thousands of homes to foreclosure due to the housing crisis. Strong wage and job growth has led to rises in home prices and sales.
According to CNBC, the real-estate analytics company TenX ranked Tampa as the nation’s healthiest housing market, based on factors such as changes to population, incomes, jobs, unemployment rates, and housing inventory and construction.
Other healthy markets include Dallas, Jacksonville, and Columbus, Ohio.
Las Vegas made a surprise appearance at No. 4 on the list. That city served as ground zero for the housing crash, clocking the highest foreclosure rate in the nation. Prices there are still about 20 percent below their peak of the housing boom, but that is only adding to the area's allure.
TenX also rated the nation’s unhealthiest markets, which included San Francisco, Los Angeles, and three different parts of the New York City metro area.
Advertisement
Related Stories
Business Management
How 2023's Housing Market Conditions Are Affecting the 2024 Market
Last year ended on an optimistic note, but persistent headwinds still exist to keep 2024 from getting the housing market back to pre-pandemic levels
Economics
Mortgage Applications Increase Week-Over-Week, but Rates Remain a Challenge for Buyers
Data from the Mortgage Bankers Association show slight signs of optimism in national housing market
Government + Policy
Housing Affordability Becomes Debate Topic in 2024 Presidential Election
Presidential candidates are tackling affordability issues as home price-to-income ratio reaches record high
