Skip to main content

The Hottest Housing Market in June Is …

Phil Hall
Jul 05, 2018
Planet Management Group, a servicer of residential and commercial mortgages and real estate assets, has opened a Western regional office in Irving, Texas

For the third consecutive month, Midland, Texas, has topped Realtor.com’s list of the nation’s hottest housing markets.
 
Midland’s list domination was credited a lower population density, lower-than-national average construction costs, a strong local economy and a housing market where prices are not too high.
 
Second place on the list went to Columbus, Ohio, which fourth in May, while Boston fell from second place in May to third place in June.
 
Only two California markets cracked the top 10 on the June list: San Francisco in sixth place and Vallejo in seventh. Javier Vivas, director of economic research at Realtor.com, observed that overheated markets—including many California metro areas that once ruled on the hottest markets list—are becoming less desirable.
 
"We're seeing interest and money shift away from the overheated markets into less expensive secondary markets," he said. "It's a signal of those markets coming to a point where people are either understanding that they're not getting the home they want or they have to make a sacrifice."

 
Published
Jul 05, 2018
Enact Holdings Completes IPO

Genworth Financial Inc. announced the completion of the initial public offering for its subsidiary Enact Holdings Inc.

Industry News
Sep 21, 2021
Offerpad Expands Into Kansas City, St. Louis

Tech-Enabled Platform For Real Estate Transactions Now In 20 Markets

Industry News
Sep 20, 2021
KBRA Assigns Preliminary Ratings To RCKT 2021-4

Includes 1,002 Residential Mortgages With An Aggregate Principal Balance Of $968.4M

Industry News
Sep 20, 2021
KBRA Assigns Preliminary Ratings To SEMT 2021-6

Pool Of 497 First-Lien Loans Combined Have A Principal Balance Of Nearly $449M

Industry News
Sep 16, 2021
Fugo Appoints Bahlman As VP, Client Relations & Sales

Brings 19 Years of Experience To Texas-Based Back-Office Support Company

Industry News
Sep 16, 2021
Envoy Mortgage Expands To Atlanta

Envoy Mortgage lender expanded its Southeast operations to Atlanta, GA.

Industry News
Sep 15, 2021