Bay Area Housing Markets Begin 2017 as the Nation’s Hottest

By January 28, 2017Bay Area Real Estate

Low inventory and rising mortgage rates are motivating homebuyers as the year kicks off, with three Bay Area cities ranking as the nation’s most sought-after real estate markets.

That’s according to Realtor.com’s January analysis of the nation’s 20 hottest housing markets as determined by most listing views on its website and fewest days on the market. Nationwide, homes are selling 4 percent faster than they were one year ago while inventory is down by 11 percent. The median list price held steady from the previous month at $250,000, setting a new record for January.

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