Markets & Economy

SF Bay Area represents hottest region for single-family sales

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Four of the top six “hottest” markets for homebuyers and sellers are located in the Greater San Francisco Bay Area. According to realtor.com, these markets receive two to three times the number of views per listing on its site compared to the national average and have seen inventory move 25 to 40 days quicker than other markets. The top Bay Area markets cited are: San Francisco/Oakland/Hayward (1) Vallejo/Fairfield (2) Santa Rosa (4) San Jose/Santa Clara (6) These markets rank highly because of continued tight supply and economic-powered growth in demand, realtor.com stated. Three other Northern California-located markets reached the top 20 list: Santa Cruz (10) Sacramento (11) Stockton/Lodi (16) One additional California market made the list: San Diego (12). Aside from California, Texas had the most markets in the top 20 with four. Dallas-Fort Worth ranked fifth hottest, with Midland, Austin and San Antonio holding the 17 to 19 spots. Den...