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Business Insider Profile picture
@BusinessInsider
Aug 29, 2021 • 9 tweets • 5 min read • Read on X
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🏠There are early signs that the real-estate market is calming — but it's still brutal to buy a property in much of the US.

Here are the top 10 places where home prices have surged.

businessinsider.com/where-home-pri… Image shows a house with a red sign labelled “Under Contra
🔟North Port, Florida.

In @Redfin’s recent report, chief economist Daryl Fairweather found that "home prices are still soaring at an astonishing rate."

businessinsider.com/where-home-pri… Image shows the city skyline of North Port, Florida. The tex
9️⃣Riverside, California.

Places like Riverside represent a trend of city dwellers decamping to the suburbs and smaller cities.

businessinsider.com/where-home-pri… Image shows mountainous skyline of Riverside, California. Th
8️⃣Miami, Florida.

Cities like Miami have recently welcomed an influx of high-earning new residents from coastal hubs like San Francisco.

businessinsider.com/where-home-pri… Image shows coastal view of Miami, Florida. The text overlai
7️⃣Tucson, Arizona.

July marked the 12th straight month the median home price for the entire US increased by double digits, according to Redfin data.

businessinsider.com/where-home-pri… Image shows city skyline of Tucson, Arizona. The text overla
6️⃣Las Vegas, Nevada.

Warm weather and entertainment opportunities aside, Las Vegas attracts newcomers because of the nonexistent state income tax and low property-tax rate.

businessinsider.com/las-vegas-real… Image shows the famous "Welcome to Las Vegas" sign
5️⃣McAllen, Texas.

The median sales price increased 22.2% year-over-year in McAllen, slightly higher than in Las Vegas.

businessinsider.com/where-home-pri… Image shows an intersection in McAllen, Texas. The text over
4️⃣Buffalo, NY.

"While this ongoing trend continues to fuel an already severe affordability crisis, the market is becoming somewhat less competitive for homebuyers," said Fairweather.

businessinsider.com/where-home-pri… Image shows the city skyline of Buffalo, New York. The text
🏠 To see the top three cities where home prices have jumped the most, take advantage of our limited-time 2-for-1 offer. Subscribe to 1 year of Insider and get your second year free here:

businessinsider.com/subscription?u…

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