Colorado Springs Seen as Top Housing Market for 2025 -- Market Talk

Dow Jones

2024-12-10

1036 ET - Colorado Springs tops Realtor.com's Top Housing Markets list for 2025. The top ten cities are exclusively in the South and West. These markets are characterized by moderately affordable homes, abundant inventory and a sizable base of younger families, many with military and international connections. The Miami-Fort Lauderdale-Pompano Beach area comes in second, followed by Virginia Beach-Norfolk-Newport News, Va.-N.C.; El Paso, Texas; Richmond, Va.; Orlando-Kissimmee-Sanford, Fla.; McAllen-Edinburg-Mission, Texas; Phoenix-Mesa-Chandler, Ariz.; Atlanta-Sandy Springs-Alpharetta, Ga.; and Greensboro-High Point, N.C. While these areas generally offer lower home prices than the national average, incomes tend to be lower as well. Housing affordability remains a challenge, with buyers spending about 31.1% of their income on housing--higher than the national average of 29.2%. (chris.wack@wsj.com)

(END) Dow Jones Newswires

December 10, 2024 10:36 ET (15:36 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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The top ten cities are exclusively in the South and West. These markets are characterized by moderately affordable homes, abundant inventory and a sizable base of younger families, many with military and international connections. The Miami-Fort Lauderdale-Pompano Beach area comes in second, followed by Virginia Beach-Norfolk-Newport News, Va.-N<a href=\"https://laohu8.com/S/02403\">.C</a>.; El Paso, Texas; Richmond, Va.; Orlando-Kissimmee-Sanford, Fla.; McAllen-Edinburg-Mission, Texas; Phoenix-Mesa-Chandler, Ariz.; Atlanta-Sandy Springs-Alpharetta, Ga.; and Greensboro-High Point, N.C. While these areas generally offer lower home prices than the national average, incomes tend to be lower as well. Housing affordability remains a challenge, with buyers spending about 31.1% of their income on housing--higher than the national average of 29.2%. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","NWS.AU":"NEWS CORP - CLASS B- CDI","BK4111":"出版","BK4585":"ETF&股票定投概念","NWSA":"新闻集团","NWS":"新闻集团","BK7038":"出版","BK4588":"碎股","LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC"},"translate_title":"科罗拉多斯普林斯被视为2025年顶级房地产市场——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NWS":0.9,"NWS.AU":0.9,"NWSA":0.9},"content_text":"1036 ET - Colorado Springs tops Realtor.com's Top Housing Markets list for 2025. The top ten cities are exclusively in the South and West. These markets are characterized by moderately affordable homes, abundant inventory and a sizable base of younger families, many with military and international connections. The Miami-Fort Lauderdale-Pompano Beach area comes in second, followed by Virginia Beach-Norfolk-Newport News, Va.-N.C.; El Paso, Texas; Richmond, Va.; Orlando-Kissimmee-Sanford, Fla.; McAllen-Edinburg-Mission, Texas; Phoenix-Mesa-Chandler, Ariz.; Atlanta-Sandy Springs-Alpharetta, Ga.; and Greensboro-High Point, N.C. While these areas generally offer lower home prices than the national average, incomes tend to be lower as well. Housing affordability remains a challenge, with buyers spending about 31.1% of their income on housing--higher than the national average of 29.2%. (chris.wack@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 10, 2024 10:36 ET (15:36 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}