Industry News Market Update News

Boise #1 on realtor.com’s top housing markets of 2020

Photo by Allie Smith on Unsplash

RISMedia | Suzanne De Vita

[…]”Many of the markets on this year’s list are late bloomers in the current housing cycle, meaning they still have plenty of inventory and prices are within reach—a rare combination in recent years,” explains George Ratiu, realtor.com senior economist.

“Additionally, a number of the top markets in 2020 are welcoming an influx of buyers from nearby large cities that have become crowded, expensive and lack sufficient inventory,” Ratiu says. “Half of this year’s top 10 are millennial markets and the other half are being driven by retirees and mid-lifers leaving more expensive coastal cities.”

Read the story here: Keep These Housing Markets on Your Radar in 2020

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