Skip to main content

The Hottest Housing Market In September Is …

Phil Hall
Sep 28, 2017
California dominated this month’s Realtor.com ranking of the nation’s hottest housing market, occupying eight of the top 10 slots of the September’s most vibrant residential metros

California dominated this month’s Realtor.com ranking of the nation’s hottest housing market, occupying eight of the top 10 slots of the September’s most vibrant residential metros.
 
San Jose, which ranked second in August, bumped its way up to the number one slot, while San Francisco ascended from third place last month to a new second place ranking. Vallejo, which was the number one metro in August, tumbled to third place. And in something of a surprise, Fort Wayne, Ind., shot up from its seventh place ranking in August to fourth place—last month’s fourth place finisher, Detroit, dropped to 10th place.
 
Realtor.com also noted that the for-sale housing inventory dropped by one percent between August and September and was nine percent below the September 2016 level. The median time on market for properties on Realtor.com this month was 69 days, which is eight days faster than this time last year, while the median list price of $274,000 is 10 percent higher on a year-over-year measurement.
 
"Days on market and the number of new listings coming to market are lower than we typically see in the fall season, while listing views per property continue to move higher," said Realtor.com Chief Economist Danielle Hale.

 
Published
Sep 28, 2017
Planet Home Lending Reports Total Origination Volume Of $6.8B In Q2 2021

Planet Home Lending's total origination volume reached $6.8 billion in Q2 2021, up 77% from $3.9 billion in Q2 2020.

Industry News
Jul 22, 2021
FHFA Ends Controversial Refinance Fee

The FHFA announced that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries, starting August 1, 2021.

Analysis and Data
Jul 19, 2021
Interfirst Mortgage Launches ONE, Backed By Non-Owner Occupied Properties

ONE is a unique product built on a single interest rate with no adjustments and qualifies off the cash flow of the rental property.

Industry News
Jul 16, 2021
Global Digital Lending Market Projected To Reach $27B By 2028

The Global Digital Lending Platform Market was valued at $7.14 billion in 2020 and is projected to reach $27.07 billion by 2028.

Analysis and Data
Jul 14, 2021
FOMC Discusses Raising Interest Rates

Inflationary pressures have finally forced the Federal Open Market Committee (FOMC) to discuss raising interest rates and tapering its bond-buying program.

Analysis and Data
Jul 14, 2021
Fathom Holdings Inc. Creates New Hispanic Division

Fathom Holdings Inc., a technology-driven real estate platform, announced the creation of their Hispanic Division to more adequately serve this fast-growing demographic. 

Industry News
Jul 07, 2021