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Dave Chappelle, the Metaverse, and the Housing Market For 2022…
Cities that are most likely to have the strongest price increases and home sales offer better affordability and more space compared with the nation’s largest cities, according to a new forecast from Realtor.com.
This information is based on forecasts from recent real estate sales, along with economic trends like unemployment and household growth.
Boise, Idaho shockingly comes out on top as one of the least affordable housing market in the U.S. The city’s median home price jumped to nearly $535,000… that’s 10 times the city’s median income.
Yikes.
Boise apparently got a huge influx of people from San Francisco, one of the most expensive places in America.
Realtor.com chief economist Danielle Hale said: “2021 was an ultra competitive year for the real estate market, especially for smaller secondary tech markets…
They benefited from knowledge workers being freed up from going into the office every day.”
Here are the projected top 10 markets for 2022, based on things like a change in number of homes sold as well as prices for 2022 versus 2021.
1. Salt Lake City, Utah
- Predicted sales change: 15.2%