"2024 Housing Market Trends: Ohio Struggles, While Zillow Ranks Top U.S. Hotspots"
Zillow predicts that Cincinnati, Columbus, and Cleveland in Ohio will be among the top 10 most competitive real estate markets in the nation for 2024, with Cincinnati ranking second. Despite challenges such as low inventory and high mortgage rates, these markets are expected to be strong due to factors like home value appreciation and job growth. However, the housing market is anticipated to remain tight for buyers. Central Ohio has seen significant price increases, but the region remains more affordable than the national average. Zillow's forecast contrasts with Realtor.com's, which did not include the three Ohio cities but listed Toledo as the hottest market for 2024.