If Too Pricey, They Will Move: 2019 Real Estate Predictions

Housing markets in 2019 are showing a change for inland cities. Trulia measured five key factors from 2018 in order to dictate which real estate markets will be top dogs next year.

These were their metrics:

  • Job growth over the past year
  • Vacancy rates
  • Good starter-home affordability
  • Inbound versus outbound home searches on Trulia
  • Population age in certain areas – a large share of those being 35 and under (represents more potential for first-time homebuyers)

But why does it seem as though inland cities are taking the crown for 2019?

Redfin released a report that indicated rising mortgage rates in expensive coastal cities (i.e., Seattle and San Francisco being examples) have provoked a massive move towards affordable inland real estate markets.

So what cities made the list to grab the real estate market crown for 2019?

  1. Colorado Springs, Colorado
  2. Grand Rapids, Michigan
  3. Jacksonville, Florida
  4. Bakersfield, California
  5. Austin, Texas
  6. Fresno, California
  7. Phoenix, Arizona,
  8. Columbia, South Carolina
  9. El Paso, Texas
  10. Oklahoma City, Oklahoma

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