BiggerPockets Daily Florida Could Make a Radical Change to It's Real Estate Market
8 snips
Mar 24, 2025 Explore the hottest regional housing markets where demand is skyrocketing, with a deep dive into the differences between the Northeast, Midwest, and Southern markets. Discover affordable locations in the South that boast strong fundamentals, making them ideal for rookie investors. Get valuable insights on where to focus your investment efforts for maximum growth potential.
AI Snips
Chapters
Transcript
Episode notes
Increased Housing Inventory
- Active residential inventory increased since 2022, reaching its highest point in November 2024 since January 2020.
- This suggests the market is overcoming high mortgage rates, with buyers more open to purchasing.
Northeast Housing Demand
- Northeastern markets, particularly Lancaster, PA, and Canton, OH, show high demand with low days on market (DOM).
- Low active listings in these areas likely contribute to this high demand.
Declining Days on Market
- Oshkosh, WI, experienced the most significant year-over-year decline in DOM at -14%.
- Other markets with notable DOM declines include Chambersburg, PA, Charlottesville, VA, and Lexington, KY.