What are the real estate markets that will rule 2019?
These are the Top 10 metropolitan areas where both the number of sales and prices are expected to jump in 2019, bucking the national slowdown trend. Phoenix, Arizona falls into 5th Place in the nation for the Hottest Housing Markets in 2019.
5. Phoenix, AZ
Forecast for median home price: $267,318 Predicted sales growth: 3.6% Predicted price growth: 5.6%
Retirees and buyers fleeing ultrahigh-priced parts of the country, like California and Illinois, and are moving to Phoenix for its reasonably priced homes and year-round sunshine.
People can score a home in the retirement hot spot for a fraction of what they'd pay in Los Angeles, San Francisco, Chicago or Seattle.