Trulia's new annual ranking of the top 10 neighborhoods to watch says goodbye to Silicon Valley, and hello to the Heartland.
Using five metrics including affordability, job growth, share of residents younger than 35 years old, share of residents moving in versus out, and vacancy rates, Colorado Springs, Colo. took the top spot. Colorado Springs has 3.3 percent annual job growth, and median home values of $286,900. Southeast Colorado Springs was targeted as the city's hottest 'hood, with 12.6 percent annual home price appreciation, 42.2 median days on market, down 12 days year-over-year, CNBC reports.
"The hot markets that drove U.S. housing in recent years … will give way in 2019 to a new group of affordable, young, opportunity-filled, desirable — and largely inland — cities primed to drive growth in the years to come," says Trulia. While these homes aren't in everyone's budget, young buyers should take note: the median home value for most of these metro falls either below, or hovers just above, the national median of $223,900.
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