Millennials are the key factor in making some housing markets sizzle. Realtor.com researchers say a large population of millennials are making places like Watuaga, Texas (76148), and Pleasant Hill, Calif. (94523), some of the hottest places to live in the country, since they offer affordable housing options and strong job markets.
Realtor.com’s research team evaluated 32,000 ZIP codes to find out where properties are selling the fastest and how often homes are being viewed at its site. In the top 20 hottest markets, homes are selling in an average of 25 days, which is 53 days faster than the rest of the country. What’s more, users are viewing homes in those markets nearly four times more often than homes in the rest of the country.
"Homes for sale in this year's hottest ZIP codes are selling almost as quickly as they hit the market," says Jonathan Smoke, chief economist for realtor.com. "While millennials are usually a significant presence in most markets, their sheer size and buying power have made them a force to be reckoned with in these hot ZIP codes and given them the power to shift supply and demand dynamics."
The following are the top 10 ZIP codes for 2016:
76148: Watauga, Texas
94523: Pleasant Hill, Calif.
80233: Northglenn, Colo.
80916: Colorado Springs, Colo.
78247: San Antonio
94954: Petaluma, Calif.
02176: Melrose, Mass.
63126: Crestwood, Mo.
97222: Milwaukie, Ore.
92104: North Park, Calif.
Author:Ellen Dynov Phone: 732-710-5342 Dated: September 24th 2016 Views: 238 About Ellen: ...
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About Ellen Dell'Alba - Team Leader of the Platinum Group:
Ellen is one of the most diverse realtors among the Keller Williams Realty Agency in Monmouth & Ocean Counties. Being with the company for several years, she continues to make considerable strides in becoming the best realtor she can be. Ellen is a listing specialist, along with having certifications in ABR (Accredited Buyers Representative) and BOLD. Her strategy in helping her clients buy or sell a home is fairly simple: "I do whatever it takes to make my clients 110% satisfied, and that is my personal guarantee!"
Ellen attributes her impressive 80% property sales rate to her relentless drive and work ethic. Working around busy schedules, offering multiple open houses, hosting Broker Lunches, as well as spending a considerable amount of time and money in advertising are just some of the ways Ell en makes sure her client's listings get maximum exposure.
Ellen's view when it comes to home buying is: A home is not a home because of its room dimensions or the color of the walls. It is about how you feel when you walk through the front door, and the way you can instantly envision your life unfolding there.
Ellen resides in Ocean County, NJ with her husband and five children.
"I appreciate the opportunity to earn your business and look forward making your experience buying or selling a pleasant one. Invite me in and let me show you what your home is worth and how I can get you top dollar!" - Ellen Dell'Alba
Real estate market data for Jackson, NJ provided by Ellen Dy
"We were looking for a realtor in the area as we were moving from another state. A relative from another state referred us to Ellen after interviewing her over the phone. Our experience was fantastic. We went from wanting to buy to needing to rent and she did not treat us any different. She was readily available numerous times with flexible hours willing to make sure we found exactly what we were looking for! She was very vocal and gave us a lot of guidance as we did not know the area well. She put interest in finding us a decent place not overlooking any small detail or hidden problems in the home. Once we found the place, Ellen negotiated well and we got exactly what we asked for! She answered all of our late night texts and was very honest answering all of our questions! She was very hands on and hardworking! We will be calling her when it's time to buy!"