Hanley Wood Market Intelligence’s Builder Market Health Index was released earlier this month, ranking the 100 largest housing markets by health. The index was formulated using projections for employment, household formation, income and home values.
The good news is that no California market was ranked in the Bottom 10 Coolest Housing Markets, which included:
- Pittsburgh, PA
- New Orleans, LA
- Tallahassee, FL
- Syracuse, NY
- Cleveland, OH
- Jacksonville, FL
- Miami, FL
- Detroit, MI
- Tampa, FL
- Lakeland, FL
The bad news is that California wasn’t in the Top 10 Hottest Housing Markets either (the highest ranked California housing market was San Diego at #25):
- Austin, TX
- Raleigh, NC
- Charlotte, NC
- San Antonio, TX
- Charleston, SC
- Denver, CO
- Huntsville, AL
- Washington, DC
- Durham, NC
- Eugene, OR
See the full report here.
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