This year’s hottest markets fell off the list, while Providence, R.I, and St. Louis, Mo., surprised as the top two in Realtor.com’s analysis of real estate markets to watch in 2016.
San Francisco, Denver, and Dallas lost their titles for hotness as homes there are expected to experience slower price appreciation and even declining sales. Meanwhile, San Diego, Sacramento, Boston, and Atlanta are described as “have been hot and are remaining hot” by Realtor.com chief economist Jonathan Smoke.
Affordability is key for 2016, especially for younger buyers with families. These markets can be found in the South and Midwest.
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