Small and relatively affordable markets outside of major cities are attracting the largest share of homebuyers in an otherwise sluggish spring homebuying season
Summer weather isn't the only thing heating up in the Sun Belt. According to a recent Bankrate report, the South is also home to the hottest real estate markets
While for-sale homes fly off the market at relatively affordable prices in western metros, homebuying destinations in the Midwest and Northeast are still seeing above-average sales prices
A few popular metros saw unprecedented growth during a mid-pandemic homebuying boom, and despite a 2023 housing correction, prices are taking longer than expected to come back down
Demand for luxury vacation homes is subsiding in a pricier housing market, but affluent buyers are still making second-home purchases in a few popular destinations