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Here are the Top Ten Markets for Homebuyers


Buying a home today seems to be a difficult proposition. Despite low mortgage rates, buyers are a bit squeamish to dive into the pool. Prices are just too high. However, there are cities where housing is becoming more affordable.

Realtor.com focused its analysis on markets where the pace of sales relative to inventory is below the national average and slowing, inventory of available homes for sale is growing, and sales prices are growing slower than the national average or declining.”

The Top Ten best markets are Albany, NY followed by Chicagoland, San Antonio, Jacksonville, Riverside, CA, Los Angeles, Providence, Dallas, Nashville, and Tampa.

So, what does this really mean? Let’s take a look at Chicago-Naperville-Elgin, Illinois metro. It’s experienced a flat median sales price increase over the past few years. Active listing counts increased 5% year-over-year.

Elgin, 35 miles northwest of Chicago, offers Midwest buyers a good selection of properties in the mid-$200,000 range. A 2,363 square foot custom home in the fancy Sherwood Oaks area on almost an acre is listed at $275,000.

So there is hope!

Read on HERE:

Consider investing in a professionally managed portfolio of single-family homes? Please contact Harold Willig at harold.willig@springviewinvestments.com or 917-209-4452.

Harold Willig is the Manager of SpringView Investment Management, LLC, which he founded in 2012. Mr. Willig also served as HFZ Capital Group’s Chief Financial Officer and was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience.

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