The Top Residential Real Estate Markets to Watch

Residential real estate markets across the globe have been on an upward trajectory for some time now, and 2022 is expected to continue that trend. With historically low-interest rates, increased demand for larger living spaces, and a strong economy, the housing market has remained resilient amidst the global pandemic. In this blog post, we will explore the top residential real estate markets to watch in 2022.

1. Austin, Texas

Austin, Texas, has been gaining momentum in the past few years and is expected to be one of the top residential real estate markets to watch in 2022. Austin’s population has been growing rapidly, with many people moving from California, New York, and other high-cost states. The city’s robust job market and business-friendly environment are attracting more and more young professionals, entrepreneurs, and families.

In addition, Austin’s vibrant culture, excellent food scene, and thriving music industry make it a highly desirable place to live. The city’s average home price is around $500,000, and it is expected to rise by around 5% in 2022.

2. Boise, Idaho

Boise, Idaho, is another city that has been gaining popularity in recent years. It has consistently ranked high in various “best places to live” lists, thanks to its low cost of living, low crime rates, and excellent outdoor recreation opportunities.

Boise’s real estate market has been experiencing steady growth, with the median home price currently at $420,000. The city’s affordable housing market, coupled with a strong job market and a thriving downtown scene, makes it an attractive option for both families and young professionals.

3. Nashville, Tennessee

Nashville, Tennessee, has been known as the “Music City” for many years. However, in recent years, it has also become a popular destination for tourists, young professionals, and families alike.

The city’s real estate market has been on an upward trajectory, with the median home price currently at $400,000. Nashville’s booming job market, low cost of living, and diverse culture make it a highly attractive place to live. In addition, the city’s excellent healthcare facilities, world-class restaurants, and a thriving arts scene add to its appeal.

4. Raleigh, North Carolina

Raleigh, North Carolina, is another city that has been gaining popularity in recent years. The city’s robust job market, excellent schools, and affordable housing market have made it an attractive option for families.

In addition, Raleigh’s vibrant downtown scene, with its excellent restaurants, bars, and cultural events, has made it an attractive option for young professionals. The city’s median home price is currently at $350,000, and it is expected to rise by around 4% in 2022.

5. Denver, Colorado

Denver, Colorado, has been a popular destination for many years, thanks to its excellent outdoor recreation opportunities, thriving cultural scene, and robust job market. The city’s real estate market has been on an upward trajectory, with the median home price currently at $630,000.

Denver’s strong economy, with a high concentration of tech companies and startups, has attracted many young professionals in recent years. The city’s affordable housing market, coupled with a strong job market and excellent quality of life, makes it an attractive option for both families and young professionals.

6. Charleston, South Carolina

Charleston, South Carolina, is a historic city with a rich culture and charming architecture. The city’s real estate market has been on an upward trajectory in recent years, with the median home price currently at $480,000.

Charleston’s excellent schools, affordable cost of living, and excellent healthcare facilities make it an attractive option for families. In addition, the city’s vibrant downtown scene, with its excellent restaurants, bars