The Wall Street Journal/Realtor.com Emerging Housing Markets IndexIntroductionAs the year draws to a close, the housing market tends to enter a deep freeze as buyers and sellers focus their attention elsewhere. The Realtor.com 2024 Housing Forecast emphasized that though the 2024 housing market is not likely to return to balance, it will take steps in that direction. The Wall Street Journal/Realtor.com Emerging Housing Markets Index highlights housing markets that offer shoppers a lower cost of living, including for homes, and thriving local economies that are attractive, but not too crowded. The Winter2024 ranking surfaced the following top areas:A Tale of Two Housing MarketsThe majority of this quarter’s Emerging Housing Markets are low-priced markets in the Midwest, South and Northeast. The Santa Barbara area is home to multiple large employers, including Deckers Brands and the University of California – Santa Barbara.
Source: Wall Street Journal January 31, 2024 13:26 UTC