The Wall Street Journal/Realtor.com Emerging Housing Markets IndexIntroductionAs temperatures drop, the housing market tends to follow suit, cooling from summer’s fever into winter’s freeze while home shoppers shift their attention to the season’s festivities. Buyers continue to zone in on affordable areas as emphasized in previous Emerging Housing Markets Index releases. The Wall Street Journal/Realtor.com Emerging Housing Markets Index highlights housing markets that offer shoppers a lower cost of living, including for homes, and thriving local economies that are attractive, but not too crowded. Despite climbing prices, 15 of the Fall Emerging Housing Markets were lower priced than the national median of $430,000 in September. Buyers are looking to save without compromising on comforts, and this quarters emerging housing markets deliver.
Source: Wall Street Journal October 25, 2023 09:51 UTC