The more a much needed a housing market, the greater the chance that house prices will rise.
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“Price growth is the product of high competition, which pushes the views per character higher, and the time on the market lower,” said the latest “Hottest house markets” report. “On average, houses in the most popular markets ran 2.9 times the list viewer as the typical American house in March, and Huizen sold on average 32 days, three weeks faster than the national standard.”
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Despite the trends of the price growth trends, there are still different “hot” housing markets where you can find houses for $ 350,000 or less. (RealTor.com defined 'Hot' markets based on market demand, measured on the basis of unique views per real estate and the pace of the market, as measured on the basis of the number of days that a list remains active.)
Here is a look at the most popular housing markets with affordable houses.
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Hotness rank (out of 20): 2
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Viewers per real estate versus the American average: 3.1
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Median days on market: 25
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Median listing price: $ 249,000
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Hotness rank (out of 20): 4
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Viewers per real estate versus the American average: 3.3
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Median days on market: 31
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Median listing price: $ 330.00
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Hotness rank (out of 20): 7
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Viewers per real estate versus the American average: 3.1
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Median days on market: 33
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Median listing price: $ 280,000
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Hotness rank (out of 20): 9
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Viewers per real estate versus the American average: 2.4
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Median days on market: 30
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Median listing price: $ 330,000
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Hotness rank (out of 20): 16
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Viewers per real estate versus the American average: 2.3
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Median days on market: 35
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Median listing price: $ 240,000
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Hotness rank (out of 20): 17
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Viewers per real estate versus the American average: 3
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Median days on market: 38
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Median listing price: $ 200,000
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Hotness rank (out of 20): 20
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Viewers per real estate versus the American average: 2.6
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Median days on market: 37
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Median listing price: $ 225,000
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