Top Cities For Home Sellers
Which city has the most favorable housing market for homeowners looking to sell?
Let’s take a look closer:
No. 1: Raleigh, N.C.
Moderate growth and disciplined building over the last five years prevented the market from developing a significant glut. Additionally, a strong local economy has helped contribute to the city’s healthy 1.6% vacancy rate.
No. 2: San Francisco, the second-best U.S. seller’s market.
In the case of San Francisco, which ranked second on our list, it’s an issue of geography: There is little space for growth or new development and the local government doesn’t do much to incentivize new construction.
Strong in-migration stemming from local economic strength is another good way to keep up demand here. New houses being built isn’t a problem if there are new people moving to town.
No. 3: Austin, Texas, followed by San Antonio; St. Louis; Houston; Portland, Ore.; Dallas; Denver and Baltimore.
While Seattle is generally a favorable market for home sellers, there was insufficient data to include that city in its ratings, Forbes.com says
