Buffalo, NY, is slated to be the hottest market of 2024 as affordable metros gain popularity among money-minded Americans.
Cincinnati and Columbus took numbers two and three on Zillow’s Hottest Markets of 2024 list, driving home the importance of savings for homebuyers this year.
The list is made up of relatively low-cost cities, primarily in the Midwest and South. Indianapolis, IN; Providence, RI; Atlanta, GA; Charlotte, NC (2023’s hottest city, now in 7th place); Cleveland, OH; Orlando, FL, and Tampa, FL, rounded out the top ten.
Zillow’s analysis looks at the 50 most populous metros and measures local home value growth and the speed at which home sellers are entering contracts with buyers, as well as job growth per new…
KeyBank and non-profit Operation HOPE have teamed up to empower underserved Americans who want to own homes, the companies announced in a press release.
An Operation HOPE financial coach will be placed in KeyBank’s East Delavan branch in Buffalo, NY, to provide education and programming to anyone at no cost.
“By joining forces with Keybank, we can expand Operation HOPE’s reach and impact, bringing financial education and resiliency to those who need it the most. Together, we are creating a pathway to financial success and homeownership, empowering individuals and families to build a better future for themselves and their communities,” said John Hope Bryant, Founder, Chairman and CEO of Operation HOPE.
Through this partnership, anyone in Buffalo can access personalized…
Over a three-year period, between 4% and 6% of all monthly listings across the country were offered directly by their owners, a new report from Zillow found. Homes listed as “For Sale By Owner” (FSBO) are advertised and sold directly by owners without an agent’s help. Roughly 63,000 homes for sale in September 2021 were FSBO, while in 2021 overall 24% of rural sellers did not use an agent. For comparison, 16% of suburban sellers did not use an agent, along with 20% of urban sellers. The report found that FSBOs are most common in rural areas. They were also more affordable overall. The median list price for an FSBO was $292,810, while the median price for a home sold…
