Top 10 Hottest Housing Markets in The United States

So the housing market is in the dumps, is it? These 10 communities in the country are telling a completely different story as housing costs are going up. Never forget that while there are macro trends in real estate they do not affect all communities equally. The media will lump this nebulous concept of real estate into 1 big bucket because it makes things easy for them, but do not get sucked into their malaise.

Every real estate market is different, and in each real estate market you will have hundreds of micro trends. If the people in Salt Lake City were listening to the media they would be giving their homes away, but instead they are enjoying a 21 percent increase in value.

You should take that as a lesson and find out exactly what is happening in your town or city before listing, you maybe surprised that the bleak news coming from your television bears no resemblance to the reality of the realty market.


Top 10 Hottest Housing Markets in The United States

Salt Lake City, Utah
Median Home Price: $233,100
One-Year Increase: 21.9%
Binghamton, N.Y.
Median Home Price: $111,200
One-Year Increase: 19.8%
Salem, Ore.
Median Home Price: $227,900
One-Year Increase: 16.7%
Farmington, N.M.
Median Home Price: 201,900
One-Year Increase: 14.0%
Allentown-Bethlehem-Easton, Pa.-N.J.
Median Home Price: $274,500
One-Year Increase: 12.8%
Beaumont-Port Arthur, Texas
Median Home Price: $127,700
One-Year Increase: 11.8%
Reading, Pa.
Median Home Price: $157,800
One-Year Increase: 11.2%
Glens Falls, N.Y.
Median Home Price: $175,700
One-Year Increase: 10.7%
Spokane, Wash.
Median Home Price: $197,700
One-Year Increase: 10.4%
Cumberland, Md.-W.Va.
Median Home Price: $109,300
One-Year Increase: 9.3%

Top 10 Hottest Housing Markets in The United States

So the housing market is in the dumps, is it? These 10 communities in the country are telling a completely different story as housing costs are going up. Never forget that while there are macro trends in real estate they do not affect all communities equally. The media will lump this nebulous concept of real estate into 1 big bucket because it makes things easy for them, but do not get sucked into their malaise.

Every real estate market is different, and in each real estate market you will have hundreds of micro trends. If the people in Salt Lake City were listening to the media they would be giving their homes away, but instead they are enjoying a 21 percent increase in value.

You should take that as a lesson and find out exactly what is happening in your town or city before listing, you maybe surprised that the bleak news coming from your television bears no resemblance to the reality of the realty market.


Top 10 Hottest Housing Markets in The United States

Salt Lake City, Utah
Median Home Price: $233,100
One-Year Increase: 21.9%
Binghamton, N.Y.
Median Home Price: $111,200
One-Year Increase: 19.8%
Salem, Ore.
Median Home Price: $227,900
One-Year Increase: 16.7%
Farmington, N.M.
Median Home Price: 201,900
One-Year Increase: 14.0%
Allentown-Bethlehem-Easton, Pa.-N.J.
Median Home Price: $274,500
One-Year Increase: 12.8%
Beaumont-Port Arthur, Texas
Median Home Price: $127,700
One-Year Increase: 11.8%
Reading, Pa.
Median Home Price: $157,800
One-Year Increase: 11.2%
Glens Falls, N.Y.
Median Home Price: $175,700
One-Year Increase: 10.7%
Spokane, Wash.
Median Home Price: $197,700
One-Year Increase: 10.4%
Cumberland, Md.-W.Va.
Median Home Price: $109,300
One-Year Increase: 9.3%

Dubai Real Estate Institute To Develop Programs With USC

One thing about real estate in Dubai is they do not do things halfway. When they build their buildings the results are world class. Now to increase the level of real estate education, the Dubai Real Estate Institute has joined forces with the noted School of Planning and Development at the University of Southern California.

USC’s school is considered one of the top institutes in the country for real estate and development education and this should help Dubai build their leaders of tomorrow and create and deeper pool of talent in the developing country.

Dubai Real Estate Institute, the region’s first academic institute for real estate studies, yesterday signed a memorandum of understanding with the School of Planning and Development at the University of Southern California in the US. They will work jointly to offer academic as well as executive education programmes and professional training in real estate to address pressing issues in the industry and offer cutting edge ideas and approaches. In addition, the cooperation will extend to cover important research initiatives in the region. via Gulfnews