By Colin O'Leary
December 21st, 2021
More and more people are working remotely, and Americans are on the move. It's a trend that will only continue into the rest of the decade. It's a trend that's led to an exodus of people in some markets, and a influx of people in others. Realtor.com recently released it's projections for the hottest housing markets in 2022. Below are the top 10 areas positioned for the most growth according to Realtor.com. The report mentions how these 10 markets all have strong local economies, vibrant cultures, and opportunities for outdoor recreation. The combination of these factors is attracting remote workers from all across the country. Home values are rising in these markets as a result where competition for homes has become fierce.
Salt Lake City in Utah topped the list for the housing market positioned for the highest growth in 2022. Realtor.com projects homes to rise 8.5% in value in Salt Lake City in 2022. Salt Lake City is a small city known for its low crime and great outdoor recreation opportunities. Interestingly, the top three housing markets are all in the west. Boise City in Idaho came in at number two, followed by Spokane-Spokane Valley in Washington state.
See the full report here