(graphs and charts courtesy Realtor.com)
If you live in Midland, it comes as no surprise — economists are saying that the market is hot, hot, hot.
How hot? Last month, the city was at the top of Realtor.com’s Hottest Real Estate Markets rankings (out of 300 metro areas) — beating out the Boston area by a full half point and third place finisher San Francisco by almost two points.
Realtor.com arrives at its “hotness” scale by using several metrics, including the city’s home inventory and price growth. (more…)