Best Real Estate Markets for Homeowners in the USA

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Last year the professionals of real estate prophesied that 2018 must continue to be a great year for the US homeowners, while taking few caution regarding home values can begin to gain an up thrust level. But what is the exact feature that makes few of the markets of real estate healthy and not others? Factors like foreclosure activity, inventory, projected and past evolution of the values of home, delinquency and negative equity, and whether the houses are presently selling slower or faster than the previous indicate the market’s health, in accordance to Zillow’s Market Health Index methodology.

This is a list on basis of the real estate health that ranks from the WalletHub study. This is a study which crunches the data from around 179 cities of US on the turnover rate of the home, days on the marketplace, housing market health, home flips share, list price vs. sale price, permit activity and the Wallet Hub’s fastest evolving cities ranking. The below list only includes the proper city not the complete metro area.

We have included the marketplace health score from the data generated from Zillow. The listing price/square foot, figures generated from negative equity and the median sales prices are from the Zillow data.

Seattle


The median price of sale is 7, 32, 800 dollars. The price/square foot is 506 dollars. The marketplace health score on the scale of 0 to 10 is 9.7 denoting it with a healthy rating. The houses with negative rate of equity are 5.6%.

Sioux Falls, S.D


The median price of sale is not available. The price/square foot is 159 dollars. The marketplace health score on the scale of 0 to 10 is 6 denoting it with a healthy rating. The houses with negative rate of equity are not available. The price involved in median listing for the houses in Sioux Falls is 237900 dollars.

Nashville


The median price of sale is 253000 dollars. The price/square foot is 198 dollars. The marketplace health score on the scale of 0 to 10 is 9.2 denoting it with a very healthy rating. The house with negative rate of equity is 7%.

Irvine, Calif


The median price of sale is 843800 dollars. The price/square foot is 484 dollars. The marketplace health score on the scale of 0 to 10 is 8.7 denoting it with a very healthy rating. The house with negative rate of equity is 5.9%.

San Jose, Calif


The median price of sale is 1045400 dollars. The price/square foot is 621 dollars. The marketplace health score on the scale of 0 to 10 is 9.8 denoting it with a very healthy rating. The house with negative rate of equity is 3%.

Oakland, Calif


The median price of sale is 700500 dollars. The price/square foot is 485 dollars. The marketplace health score on the scale of 0 to 10 is 8.7 denoting it with a very healthy rating. The house with negative rate of equity is 4%.


Fargo, N.D


The median price of sale is not available. The price/square foot is 163 dollars. The marketplace health score on the scale of 0 to 10 is 7.6 denoting it with a very healthy rating. The house with negative rate of equity is not available. The median price involved in median listing is 255000 dollars.

Tempe, Ariz


The median price of sale is 281100 dollars. The price/square foot is 176 dollars. The marketplace health score on the scale of 0 to 10 is 4.9 denoting it with a stable rating. The house with negative rate of equity is 10.8%.

San Francisco


The median price of sale is 1277400 dollars. The price/square foot is 1042 dollars. The marketplace health score on the scale of 0 to 10 is 9.9 denoting it with a very healthy rating. The house with negative rate of equity is 3.4%.

Atlanta


The median price of sale is not available. The price/square foot is 231 dollars. The marketplace health score on the scale of 0 to 10 is 8 denoting it with a very healthy rating. The house with negative rate of equity is 19.5%.The median price involved in median listing is 329000 dollars.

Gilbert, Ariz


The median price of sale is 306300 dollars. The price/square foot is 155 dollars. The marketplace health score on the scale of 0 to 10 is 6 denoting it with a healthy rating. The house with negative rate of equity is 10.3%.

Aurora, Co


The median price of sale is 317300 dollars. The price/square foot is 211 dollars. The marketplace health score on the scale of 0 to 10 is 9.4 denoting it with a healthy rating. The house with negative rate of equity is 5.5 %
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Stockton, Calif


The median price of sale is 278200 dollars. The price/square foot is 177 dollars. The marketplace health score on the scale of 0 to 10 is 7.9 denoting it with a healthy rating. The house with negative rate of equity is 11.6 %

Joseph Allaham founded the Allaham Consultancy to meet the growing needs in the real estate sector in the USA..


Location: New York, NY, USA

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