The latest list of the “hottest” markets for single-family homes props Denver at the top of the heap.
Auction.com’s Top 5 list also names San Antonio, Nashville, Fort Lauderdale and Dallas as markets with the strongest showings when it comes to rising home prices, affordability, housing demand and local economies.
Southwestern housing markets are the strongest in the country, according to the report, followed by the Southeast and the West.
Housing markets in metropolitan areas with the most job and population growth are recovering quickest, Auction.com Executive Vice President Rick Sharga said in a press release. "Earlier in the recovery, most of the growth came from markets that had suffered the biggest declines during the housing bust, but what we're seeing today is more in line with fundamental economic trends.”