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As a consequence of the coronavirus pandemic, some cities in the USA experienced a flood of remote workers that disrupted the real estate market and led to higher house prices properties. It is the case of Austin or Phoenix.
It has 11 bedrooms, 3 living rooms and 6 bathrooms: how much does a century-old property in which a Nobel Prize winner lived sell for?
With an area of 800 square meters, it is in front of the emblematic Santa Catalina church, in downtown Buenos Aires. It is part of a building declared Historical Heritage dating from the twenties of the last century and was designed by one of the architects of the Estrugamou Palace
But the phenomenon is not homogeneous. The North American site Realtor collected economic and housing data to predict price and sales growth, and thus classified the 10 cities where the price of properties is still affordable for a middle class worker.
1.Toledo, OH
– Median home price in November 2022: $161,000
Luxurious and with an imprint of the 80s: how are the 5 most expensive villas for sale in Buenos Aires
They arose in Switzerland at the end of the 19th century. It is a type of housing that has a park and patio looking for large families who prefer to live away from noise and areas of intense traffic movement.
– Projected change in home sales in 2023: +4.2%
– Projected change in house prices in 2023: +6.7%
Sales boom: in a northern suburban district, more than 500 homes were sold by the end of 2022
It is an area that is a few steps from crossing General Paz avenue and where new proposals are advancing to capture young demand and good purchasing power
– Combined sales and price change expected in 2023: +10.9%
2. Chattanooga, Tennessee
– Median home price in November 2022: $397,000
– Projected change in home sales in 2023: +2.9%
– Projected change in house prices in 2023: +8.2%
– Combined sales and price change expected in 2023: +11.1%
3. Grand Rapids-Wyoming, Michigan
– Median home price in November 2022: $358,000
– Projected change in home sales in 2023: +1.6%
– Projected change in house prices in 2023: +10.0%
– Forecasted combined change in sales and price in 2023: +11.6%
4. Columbia, South Carolina
– Median home price in November 2022: $300,000
– Projected change in home sales in 2023: +7.7%
– Projected change in house prices in 2023: +3.6%
– Combined sales and price change expected in 2023: +11.3%
5. Buffalo-Cheektowaga, New York
– Median home price in November 2022: $240,000
– Projected change in home sales in 2023: +6.3%
– Projected change in house prices in 2023: +6.0%
– Combined sales and price change expected in 2023: +12.3%
6. Augusta, Georgia
– Median home price in November 2022: $319,000
– Projected change in home sales for 2023: +6.2%
– Projected change in house prices for 2023: +5.7%
– Combined sales and price change forecast for 2023: +11.9%
7.Louisville, Kentucky
– Median home price in November 2022: $290,000
– Projected change in home sales in 2023: +5.2%
– Projected change in house prices in 2023: +8.4%
– Combined sales and price change expected in 2023: +13.6%
8. Worcester, Mass.
– Median home price in November 2022: $447,000
– Projected change in home sales for 2023: +2.5%
– Projected change in house prices for 2023: +10.6%
– Combined sales and price change forecast for 2023: +13.1%
9. Hartford-West Hartford, Connecticut
– Median home price in November 2022: $372,000
– Projected change in home sales for 2023: +6.5%
– Projected change in house prices for 2023: +8.5%
– Combined sales and price change forecast for 2023: +15.0%
10. El Paso, Texas
– Median home price in November 2022: $291,000
– Projected change in home sales in 2023: +8.9%
– Projected change in house prices in 2023: +5.4%
– Forecasted combined change in sales and price in 2023: +14.3%
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