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10 Hot Real Estate Markets To Watch In

2016

Has all the family bonding this holiday season left you thinking you might need a little distance? If a move is on your horizon (for whatever reason), you’re in luck. Trulia’s Housing Econo-mist Ralph McLaughlin compiled his list of 10 hot real estate markets to watch in 2016. Each city was examined for afford-ability and strong job growth, plus other factors including va-

cancy rates, to determine which areas are contenders for growth in the year ahead

From Colorado Springs to Grand Rapids, these hot real estate markets have earned a place on your 2016 Watch list.

1. Grand Rapids-Wyoming, MI

Why does this river city top the list for 2016? Well, Grand Rapids hits the sweet spot in terms of affordability and job growth; it ranks as the 14th-most af-fordable in the U.S. and 22nd-strongest in job growth over the past year.

2. Charleston, SC

The Charleston, SC real estate market is hot (and we’re not talking about the summertime temps!) — no doubt in part due to its ranking as the sixth-highest for job growth in the U.S. Its lower rank for afford-ability and va-cancy rates drops it back to number two on this list.

3. Austin, TX

Pretty much any-one would be happy living in the live-music capital of the world, but Austin, TX real es-tate also ranks third on Trulia’s list because of its pop-ularity with Millennials and booming job growth. From bar-becue joints to food trucks to craft cock-tails, the capital city of Texas has the dining scene on lock too.

4. Baton Rouge, LA

Another capi-tal city, Baton Rouge, LA, is rich with cul-ture and ar-chitecture, from its quaint trolley system in the Garden Dis-trict to the buzz of en-ergy that em-anates from Louisiana State Univer-sity, which calls the city home.

5. San Antonio, TX

The stars aren’t the only things big and bright in Texas — the Lone Star State is one of two states to have double en-tries on the 2016 hot markets list. Maybe it’s the beautiful River-walk or its bike-friendly appeal, but the city saw the biggest jump in millennials of all U.S. metropoli-tan areas between 2010 and 2013.

6. Colorado Springs, CO

Craving some mountain air? This city at the foot of the Rocky Moun-tains is a paradise for outdoor enthusi-asts and has been named a “distinc-tive destination” by the National Trust for Historic Preser-vation for its attrac-tive architecture and commitment to historic preserva-tion, sustainability, and revitalization. Plus, it sits at num-ber 37 on the Forbes list of best places for business and careers.

7. Columbia, SC

“Famously Hot” Columbia is home to six col-leges, including the University of South Car-olina, plus sev-eral major hos-pitals — and af-fordable hous-ing prices. The state capital is also home to Fort Jackson, the largest mili-tary training center in the country.

8. Riverside-San Bernardino, CA

The Inland Empire is home to a rich archi-tectural history where Spanish Colonial Re-vival can be found mingling with Victo-rian styles. But if you’re thinking of moving here, you will appreciate most what Rob Murray, broker-owner of Murray Real Estate in Riverside, says: “We’ve seen quite a few first-time homebuyers, so the market is strong here for affordable proper-ties.”

9. Las Ve-gas, NV

Sure, the Strip is what we all think of first, but there’s more to Las Vegas than gambling and nightlife — such as access to some of the best places to explore the great outdoors. But the clincher for this big little town just might come from the U.S. Bureau of Labor Sta-tistics, which expects Las Vegas to experi-ence 4.8% job growth in 2016, crushing the national prediction of less than 2%.

10. Tacoma, WA

On the banks of the Puget Sound, Tacoma is rich with outdoor activities and an arts district that cele-brates the region’s world-renowned glass art (culminating in the Chihuly Bridge of Glass). But the port city is also an afford-able place to live, making it an attrac-tive destination for young professionals and families in the Pacific Northwest.

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