{"id":1875,"date":"2023-03-16T01:15:59","date_gmt":"2023-03-16T01:15:59","guid":{"rendered":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/2023\/03\/16\/calling-all-early-birds-20-cities-where-the-spring-real-estate-rush-has-already-hit-big\/"},"modified":"2023-03-16T01:15:59","modified_gmt":"2023-03-16T01:15:59","slug":"calling-all-early-birds-20-cities-where-the-spring-real-estate-rush-has-already-hit-big","status":"publish","type":"post","link":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/2023\/03\/16\/calling-all-early-birds-20-cities-where-the-spring-real-estate-rush-has-already-hit-big\/","title":{"rendered":"Calling All Early Birds! 20 Cities Where the Spring Real Estate Rush Has Already Hit, Big"},"content":{"rendered":"

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To secure their next home, buyers are going to need some capital. To find the hottest metros in the U.S. right now, prospective homebuyers might want to look to the capital\u2014their state capital, that is.<\/p>\n

That\u2019s a common theme among a surprising number of February\u2019s hottest metropolitan areas, according to a recent Realtor.com\u00ae report<\/a>. From the East Coast to the Midwest, 4 of the top 10 metro areas are home to one of the most stable employers out there: the government.<\/p>\n

In February, the Manchester, NH,<\/a> metro tied for the No. 1 spot on the Realtor.com monthly Hottest Markets ranking with Rochester, NY<\/a>. This was the 20th time Manchester snagged the top spot and the seventh for Rochester.<\/p>\n

(Metro areas in the report are ranked by how often Realtor.com users click on listings, as well as how quickly properties sell. Metros include the main city and surrounding towns, suburbs, and smaller urban areas.)<\/p>\n

While the top two spots didn\u2019t go to state capitals, the third one did: Hartford<\/a>, Connecticut\u2019s capital. Home prices there are relatively affordable, at a median of $396,000 in February, just below the national median of $415,000 during the month<\/a>.<\/p>\n

\u201cThe draw of capital cities, especially if they\u2019re reasonably affordable, is that you get the best of both worlds: a stable economy and good access to resources and amenities,\u201d says Hannah Jones<\/strong>, an economic data analyst at Realtor.com.<\/p>\n\n

The draw of Hartford, CT<\/h3>\n

In the case of Hartford, a stable economy means not just government offices, but also a historically strong presence in insurance and finance. Major companies such as Aetna and The Hartford are headquartered there.<\/p>\n

And its access to amenities is exceptional: It\u2019s just a 90-minute drive to the beach in Rhode Island or the bright lights of Broadway in New York City, and two hours to primo skiing in Vermont.<\/p>\n

\u201cIf you want to be in New England or the tri-state area, Connecticut is the best of all the places,\u201d says Amy Chorew<\/strong>, a real estate consultant and 1 Realtor\u00ae who\u2019s lived most of her adult life in the area. The Nutmeg State, she says, \u201cconnects you to everything.\u201d<\/p>\n

It\u2019s centrally located between Boston and New York City, she notes, without being too far north into the colder climes of New England. It\u2019s also far more affordable and has much lower property taxes than New York and New Jersey.<\/p>\n

For suburbs with a \u201cquintessential New England\u201d feel and walkable downtowns, some of the towns surrounding Hartford are ideal, Chorew says. They feel quaint and boast great schools and a warm sense of community. But there\u2019s also a large walkable outdoor mall<\/a> in West Hartford with big national chains, a movie theater, and spa services.<\/p>\n

And Hartford itself is undergoing a bit of an economic revival, which includes reconsidering the placement an urban highway<\/a> that some residents believe contributed to segregation in the city throughout the 20th century.<\/p>\n

Notably, Hartford was No. 1 on the Realtor.com Top Housing Markets forecast for 2023<\/a>.<\/p>\n

Capital cities are popular with homebuyers<\/h3>\n

Hartford isn\u2019t the only capital city among this month\u2019s top 10. Columbus<\/a>, at No. 5, not only has Ohio\u2019s state government as a major employer, but it is also home to the massive Ohio State University and Nationwide Insurance. Still, the median listing price there in February was just $360,000.<\/p>\n

The Boston<\/a> metro area comes in at No. 8, and at No. 10 is Providence, RI<\/a>. Both areas have variations of what Cherow described: a strong sense of history and place, access to outdoor amenities as well as the culture and bustle of cities, and beautiful four-season weather. Perhaps that\u2019s why in February, properties in the Northeast had 2.4 times the number of views as the typical U.S. home.<\/p>\n

But both are more expensive than the national median, with Providence\u2019s median at $498,000 and Boston\u2019s a whopping $799,000.<\/p>\n

That explains the enduring popularity of the Manchester housing market. Manchester, about an hour northwest of Boston, has evolved into a bedroom community of the larger city.<\/p>\n

The post Calling All Early Birds! 20 Cities Where the Spring Real Estate Rush Has Already Hit, Big<\/a> appeared first on Real Estate News & Insights | realtor.com\u00ae<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Getty Images To secure their next home, buyers are going to need some capital. To find the hottest metros in the U.S. right now, prospective homebuyers might want to look to the capital\u2014their state capital, that is. That\u2019s a common theme among a surprising number of February\u2019s hottest metropolitan areas, according to a recent Realtor.com\u00ae…Read More→<\/a><\/p>\n","protected":false},"author":0,"featured_media":1876,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/posts\/1875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/comments?post=1875"}],"version-history":[{"count":0,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/posts\/1875\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/media\/1876"}],"wp:attachment":[{"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/media?parent=1875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/categories?post=1875"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/tags?post=1875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}