AgentMarkets & Economy

‘Hottest’ housing markets may not be the best for agents trying to make a living

California markets dominate top 20 list

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Takeaways: The San Francisco Bay Area continues to top the list of hot housing markets despite housing costs. East Coast -- Mid-Atlantic, Northeast and South -- states are not performing among the top 20. Areas considered hot may not be the best markets for agents to make a living. Of the medium- to large-size markets in the nation, the hottest for housing supply and demand are primarily located in California and Texas. According to a analysis of listing views (an indicator of buyer demand) and median days on the market (an indicator of supply), 11 of the 20 hottest housing markets in the nation are in California. These markets include San Francisco (1), Vallejo (4), Santa Rosa (5), San Jose (6), San Diego (7), Sacramento (9), Santa Cruz (12), Los Angeles (14) Oxnard (15), Stockton (16) and Yuba City (17). All but three of these markets -- San Diego, Los Angeles and Oxnard -- are located in the northern portion of the state. Hot Texas markets include...