1 FL City Among America's 150 'Hottest' Housing Markets: List
A new list of "hottest" housing markets from Realtor includes several Florida cities as the most popular real estate buys in the U.S. Tallahassee, Florida, has been named one of the hottest 150 real estate markets in the nation, according to a new ranking from Realtor.com. The site's Market Hotness Index uses proprietary insights on buyer activity and data on active inventory to rank metro areas, counties, and zip codes relative to the rest of the country. The total number of views each listing gets online is also used as an indicator of demand. Supply is measured by the median number of days a home spends on the market in that given city.
Pubblicato : 10 mesi fa di Tiffany Razzano in Finance
FLORIDA — One Florida city made a list of the hottest 150 real estate markets in the nation, according to a new ranking from Realtor.com.
Tallahassee took home the state's highest ranking, at No. 142 in the nation with an 52.34 "hotness" score, according to the site.
"The Realtor.com Market Hotness Index exposes how local areas are experiencing fast moving supply and rising demand," experts said. "Using proprietary insights on buyer activity and the most comprehensive data on active inventory, the analysis breaks down demand and supply dynamics to rank metro areas, counties and zip codes relative to the rest of the country."
The total amount of views each listing gets online is also used as an indicator of demand. Meanwhile, supply is measured by the median amount of days a home spends on the market in that given city.