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"Zillow Ranks Buffalo and Cincinnati Among 2024's Top U.S. Housing Hotspots"

Buffalo, New York, is projected to be the hottest major housing market in 2024, as reported by Zillow. Despite its cold climate, Buffalo's housing affordability and job growth are attracting young homebuyers, with a typical home valued at $248,445, well below the national average. The city's job creation rate outpaces new housing construction, suggesting potential price increases unless supply catches up. Buffalo's economic prospects are further bolstered by its designation as a federal "tech hub," promising significant federal investment in the region.

2 years ago•Source: New York Post

"2024's Top U.S. Housing Markets Revealed: Upstate NY and Ohio Trends"

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1.87 min•2 years ago

"2024's Top U.S. Housing Markets Revealed: Upstate NY and Ohio Trends"

Zillow has named Buffalo, New York, as the hottest housing market in the United States for 2024. Factors contributing to this prediction include a high demand for new houses, a low number of homes for sale, an increase in new jobs, steady home values, and a surge in newly-approved home construction projects. Buffalo's economic fundamentals and the pace of the housing inventory are key reasons for its top ranking, outpacing other cities in Ohio, Indiana, and Rhode Island. This announcement comes shortly after Buffalo was recognized as the best city in America by Clever Real Estate and the nicest city by Reader's Digest.

via newyorkupstate.com