Thanks to Inman News for creating a list, complete with pretty pictures and exact percentages, of all the metro areas that saw, according to data from the National Association of Realtors, the greatest hikes in home prices over the last year.
This top-ten list contains good news for sellers and owners in those areas. On its face, it contains bad news for buyers wanting to get into the market . . . except that, with sellers feeling more assured of receiving a decent price, some of them might decide it’s time to sell after all. That will increase the range of choice for buyers, who have been complaining that they’d happily buy now if they could only find a house they liked.
Just to be a spoiler, I’ll reveal the whole list to you up front. But with no pretty pictures. Here they are, starting with number one:
- Fort Myers-Cape Coral, Florida
- Shreveport-Bossier City, Louisiana
- Metro: Washington, DC (Virginia)
- Fort Wayne, Indiana
- San Antonio, Texas
- Washington, DC
- Peoria-Pekin, Illinois
- Fort Lauderdale, Florida
- Omaha, Nebraska
- El Paso, Texas
Gee, not even one city in Nolo’s home state of California made the list!