US Housing Market - Booming with Millennials

In the wake of the Great Recession, lots of those millennials have been stuck either staying at home, or moving back in with their parents. As economic conditions improve, they will become more likely to strike out on their own:

That process of venturing out and forming new households may have already begun. There has been a spike recently in the rate of household formation.

Read more: http://www.businessinsider.com/us-housing-market-2015-2#ixzz3UWaUMXXB

The West Wins: Top 10 'Turnaround' Housing Markets

Western states continue to dominate, showing some of the fastest paces of recovery in the nation’s housing markets. With inventories falling, national median list prices increased 2.54 percent year-over-year during the third quarter, Realtor.com reports. 

I sold this Olympia home in July for full asking price in less than 30 days.

The site released its rankings of the top 10 turnaround towns, based on third quarter housing data of median list price increases, inventory levels, and employment rates.

1.     Oakland, CA

2.     Sacramento, CA

3.     San Jose, CA

4.     San Francisco, CA

5.    Seattle-Bellevue-Everett, WA

6.     Bakersfield, CA

7.     Santa Barbara-Santa Maria-Lompoc, CA

8.     Phoenix-Mesa, AZ

9.     Fresno, CA

10.   Miami, FL