Real estate experts say these will be the 10 hottest US neighborhoods in 2016
Shutterstock
Where will American homebuyers turn in 2016?
According to real estate website Redfin, which releases an annual list of the hottest neighborhoods nationwide, buyers will be prioritizing affordability, charm, and access to public transportation in 2016. The emphasis on affordability explains why the San Francisco Bay Area - where the median sale price of homes is now over $1 million - didn't crack the top 10 for the first time.
"Another trend that has emerged in this year's hottest neighborhoods is that buyers are looking for homes and neighborhoods with character," Redfin reports.
Here, we've highlighted the 10 neighborhoods projected to take off in 2016, which Redfin ranked by looking at the most recent growth in page views and favorites per home on their site. We also included the median number of days a home is on the market in that neighborhood, the median sale price for 2015, and insights from local Redfin real estate agents:
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- 2 states where home prices are falling because there are too many houses and not enough buyers
- "To sit and talk in the box...!" Kohli's message to critics as RCB wrecks GT in IPL Match 45
- 7 Nutritious and flavourful tiffin ideas to pack for school
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- Indian economy remains in bright spot: Ministry of Finance
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market