The Hottest Housing Market for April Is … – NMP Skip to main content

The Hottest Housing Market for April Is …

Phil Hall
Apr 30, 2018
California’s longstanding domination of Realtor.com’s monthly listings of the nation’s hottest housing market was disrupted this month

California’s longstanding domination of Realtor.com’s monthly listings of the nation’s hottest housing market was disrupted this month, with only six California metros reaching Top 20 status—the lowest quantity since Realtor.com began compiling this listing in 2013.
 
For April, Realtor.com named Midland, Texas, as the nation’s hottest housing market, up from its fifth-place ranking in March. Boston, which ranked seventh in March, ranked second for April. San Francisco, last month’s first place metro, fell to third place. Columbus, Ohio, shot up from ninth to fourth place, while Vallejo, Calif., sank from second to fifth place. Texas, Massachusetts, New York and Michigan each had two metro areas in the Top 20.
 
Several smaller metro areas made significant leaps up the Realtor.com chart: Racine, Wis., rose from 35th ranking in March to seventh place in April, while Rochester, N.Y., went from 26th to 12th ranking and Spokane, Wash., soared from 25th to 13th.
 
“Only four of the top 20 markets have median list prices above $500,000, and three of those four saw monthly and yearly drops in the rankings, with only Boston bucking that trend,” said Javier Vivas, director of economic research at Realtor.com.


 
Published
Apr 30, 2018
Homeward Lays Off 20% Of Staff

Alternative real estate financing company cut about 120 jobs.

Industry News
Aug 12, 2022
Lone Peak Lending Joins Panorama Mortgage Group

Names Donovan Stamps as president.

Industry News
Aug 11, 2022
Fairway Independent Mortgage Hires Former PrimeLending President

Firm says Scott Bristol is part of aggressive originator expansion.

Career
Aug 11, 2022
Mortgage Rates Jump Back Above 5%

Freddie Mac says rates recent volatility continues.

Industry News
Aug 11, 2022
Redfin: Share Of Relocating Buyers At All-Time High In July

People are looking for less expensive and better lifestyles.

Industry News
Aug 11, 2022
Redfin Expands iBuying Business To Florida

RedfinNow, which makes cash offers for homes, now operates in 34 markets in 16 states and the District of Columbia.

Tech
Aug 11, 2022