The surprising state where 5 of America’s hottest markets are hiding

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Real Estate News

Connecticut,Housing,New Hampshire

Real estate agent Kirsten Jordan breaks down struggles facing home buyers and shares her predictions for the housing market on 'Cavuto: Coast to Coast.'

With mortgage interest rates near 7%, home prices have gone flat nationwide as sellers try to entice cash-strapped buyers to make an offer. But prices in America’s hottest housing markets are still rising—by a whopping 8.1% on average compared to last year.

Hartford’s listings received 4.4 times more views in June than the national average, the largest margin among any of the top 20 markets. The median home price here is $450,000—only $7,500 above the national average—and it’s a mere two hours from New York City, where prices hover much higher at $825,000.

Connecticut’s allure comes from its close proximity to major cities, including New York and Boston, along with its top-notch public schools and amazing green spaces.Manchester, NH, ranked as the second hottest market, with its listings getting 3.3 times more views than the national average. A typical home there costs $598,000, and the city appeals to many because it’s just an hour from Boston, where median prices are nearly double that at $969,700.

“Syracuse was an especially notable new entry, as the metro has not ranked among the 20 hottest markets before.” says Jones.

 

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