Affordable Midwest markets and well-located Northeast markets continue to see strong buyer demand relative to the rest of the country. Some of their sustained hotness is due to still-constrained inventory levels.
Our family has had fun throughout the Northeast, Southwest, and many places between - but the last region we visited was also our favorite: the Midwest.
Rockford's hotness means that high demand is met with low inventory as buyers claim available homes," Realtor.com senior economic analyst Hannah Jones writes in the new report. "This affordable area has seen sustained demand this year as mortgage rates and home prices deter buyers from searching in higher-priced areas."
"Look, I'm a union guy on this. I'm not a guy who wanted to ship things overseas, but I understand that." - Gov. Tim Walz emphasizes his alignment with workers' interests in the trade debate.