2015Cities

Top 10 Markets for 2015

Investments
Predictions from Realtor.com economist Jonathan Smoke

The New Year is the best time to think about what’s on the horizon in all industries: fashion, art, music, global politics, and, real estate, to name a few.  We admit, it got us kind of amped when, last month, Realtor.com® Chief Economist Jonathan Smoke shared his top ten markets for 2015. Each one landed on the list because it has a combination of elements that make it ripe for big growth in the coming year. Some markets are in high demand inventory-wise, some have strong job markets, and others are drawing millennials. We’ve summed them up tidily for you.

Is your town on the list?

 THE TOP TEN HOUSING MARKETS FOR 2015

 Atlanta, GA – household growth and home sales growth

 Dallas, TX – household growth and volume of home sales

 Denver, CO – growth in home sales and demand exceeding supply

 Des Moines, IA – millennial share of households and millennial household growth

 Houston, TX – household growth, employment, and volume of home sales

 Los Angeles, CA – household growth and volume of sales

 Minneapolis, MN – millennial home owner growth and growth in new construction

 Phoenix, AZ – income growth and growth in new construction

 San Jose, CA – income growth and demand exceeding supply

 Washington, DC – household growth and demand exceeding supply

 For more detailed information (we’re talking really detailed information) on Jonathan Smoke’s predictions, peep this video on Realtor.com.

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Elizabeth Salaam
Along with her work as Senior Contributing Writer for Girl's Guide, Elizabeth Salaam writes for the San Diego Reader. Her work has also been published in Elle Magazine. | Most inspired by: Contradictions. | Favorite room in my home: The Master suite. The windows have views for days! | Best design idea I may never do: Adorn my enclosed toilet room with library book wallpaper and a chandelier. | Will never: Bungee jump. | Have always been: Rebellious. | Dying to: Live in a Paris flat with herringbone wood floors.
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