Housing Opportunities Shrink in the West

(RISMedia.com) – While most markets across the nation remain relatively unchanged, a longer term dip in distressed saturation levels in the West indicates a strong recovery at the expense of overall affordability, according to Clear Capital’s® August 2016 Home Data Index (HDI) Market report.

Regionally, the South and West are continuing to dominate our list of the nation’s Highest Performing Major Metro Markets, with only one of the top 15 markets located outside of these two powerhouse regions. Western markets are experiencing overall quarterly growth around the 1.4 percent mark, with several individual markets outperforming this average by almost half a percent.

 

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