"Great Lakes Cities Dominate Zillow's Top Housing Markets for 2024"

1 min read
Source: MarketWatch
"Great Lakes Cities Dominate Zillow's Top Housing Markets for 2024"
Photo: MarketWatch
TL;DR Summary

Zillow's report predicts Buffalo, New York, to be the hottest housing market in 2024, despite its snowy reputation. Factors contributing to this forecast include Buffalo's relatively low home prices, with a typical home valued at $248,445, strong job prospects, and a high number of jobs per new housing unit. The city's economic growth is further supported by federal funding to develop a semiconductor manufacturing hub and revitalization efforts like the "Buffalo Billion" initiative. Other notable cities on Zillow's list include Cincinnati, Columbus, and Indianapolis, chosen for their affordability and strong employment, which provide opportunities for young buyers.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

3 min

vs 4 min read

Condensed

88%

77997 words

Want the full story? Read the original article

Read on MarketWatch