Are you looking to buy a house that will gain a high rate of appreciation but is affordable and off the beaten path?
If so, you may want to check out the new lists of hot markets from the National Association of Realtors (NAR) and Redfin real estate brokerage.
While most housing markets experienced price appreciation, high demand and limited supply in 2021, researchers at NAR identified 10 housing markets as “hidden gems” that have room to grow in 2022.
These markets have a ratio of median home sales price to median household income on the lower half of the 379 metro areas in the analysis, which means homes are less likely to be overvalued.
Click here to read the rest of the article written by Michele Lerner over at The Washington Post