"Buffalo and Cincinnati Lead Zillow's 2024 Hottest U.S. Housing Markets"
Zillow's analysis predicts Buffalo, New York to be the hottest housing market in 2024, with a focus on affordability driving real estate in the Great Lakes, Midwest, and South regions. The ranking considers home value growth, job growth per new home permitted, and growth in owner-occupied households. Despite a shortage of homes for sale, there's optimism for market stability with signs of improvement such as falling mortgage rates and a slight increase in home sales. The top 10 cities include Buffalo, Cincinnati, Columbus, Indianapolis, Providence, Atlanta, Charlotte, Cleveland, Orlando, and Tampa, with Charlotte dropping from the top spot in the previous year to number seven.
