Source: Realtor —
The summer temperatures are sizzling, but America’s once-hot Western real estate markets are on ice.
While the warmer months generally see a decline in homebuyers making the move to temperate Western regions, a new report by Realtor.com® reveals that westward areas are altogether missing from June’s 20 hottest real estate markets for the first time in the data’s history. (The rankings factor in a combination of demand—measured by the number of unique views per home listing—and how quickly homes are selling in that area.)
Instead, the East Coast dominates because it’s simply more affordable. In another first for the data’s annals, a new hottest market nabbed the top spot in June: Concord, NH.
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