Posted on 01/07/2025 12:12:58 PM PST by ChicagoConservative27
(NEXSTAR) — While the national housing supply recently reached a four-year high, buying a home in some U.S. cities may be especially difficult in 2025, a new Zillow report suggests.
To make its predictions, Zillow reviewed multiple factors — including how quickly homes have been selling, and its own forecast for home value growth — in the 50 most populated cities nationwide.
Overall, Zillow’s analysis determined cities primarily on the East Coast could have the hottest housing markets of 2025.
For the second year in a row, Buffalo, New York, held the top spot on Zillow’s list. The company pointed to the city’s relative affordability and job market as the driving factors behind Buffalo’s competitive real estate status.
“Construction that keeps pace with an area’s growth remains a crucial piece of keeping homes available and accessible. In chilly Buffalo, competition among buyers will remain hot, with employment growing far faster than builders are adding homes,” said Skylar Olsen, Zillow’s chief economist.
(Excerpt) Read more at thehill.com ...
Buffalo NY?
My thought too.
Zillow’s idiotic projections and “market based” (their market on their business plan to hoodwink run of the mill property owners and pie in the sky sellers therein) projections are just that, projections which always involve magnification to higher numbers predicated, regardless of the reality of there being no true cash other than from the large “brokers” who are buying up and accumulating.
Thus the market, does not exist and this “report” is a fabrication of all of their sorry assumptions. To keep things churning of course, like the notion of “affordable homes” with no money down and no closing costs (which are still around which pays the buyer at closing with someone elses money- can you say the continuing Equity Swap digital disaster. It has not stopped. Margin Call, gentlemen).
Who would willingly want to live in Syracuse NY???? YUCK
They are clearly NOT, but are seller’s markets— the people who own free and clear many properties can name their price- or not and continue to build equity along with cash flow from those who can’t afford to buy.
Zillow and other real estate sites put out rankings of the “best places to live”. A lot of them are in the snow belt.
No thanks.
Very long story.
I’m on the Big island on the Northeastern slope of Mauna kea.
I decided to go to Hawaii when Boeing merged with Douglas and proceeded to go to Schiff.
I got a job at Keck observatory as I knew people that enabled me to get interviews. It is hard and I do mean hard to get a technical job at an observatory in Hawaii. You have to compete with PhD’s.
I just had a BS. But a wealth of technical hands on experience and I was a Boeing Pay code 4 engineer.
Good luck!
As for interstates that is on on Oahu only and is Total BS!
Our Democrat senators elected by Honolulu only wanted money
and mainland Democrats rewarded their most fervent slaves.
IIRC I could drive from WA state across the USA on Interstate 90
How many states can you drive to from Hawaii?
Not many I suspect.
Democrats are evil.
Yes, I noticed that upstate NY is very run down and pretty poor.
Buffalo has experience a huge upswing in both petty and violent crime along with a huge surge of Blacks and Hispanics.
It’s a joke.
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