Is one of your New Year's resolutions to move out of your overpriced city to somewhere you can actually save a few dollars of your paycheck every month? First of all, we feel you. Second, be advised that when it comes to where to house hunt, not all places are created equal. Trulia recently released its predictions for the 2018 real estate scene, including the ten housing markets it expects to grow next year (and so the ten cities you should keep an eye on). According to Trulia, "look inland for markets that are poised for housing market growth in 2018: those with a good combination of job growth, online search interest, low vacancy rates, young households, and affordability are exclusively in Midwest and South." Using those five metrics to analyze the 100 largest U.S. markets, Trulia determined the top ten cities "poised for growth":
The Top 3
1. Grand Rapids, Michigan
"Grand Rapids, Mich., tops our list because it has seen strong and recent employment growth (ranked 11th), has a relatively low vacancy rate, and a high share of households under 35 (ranked 16th and 17th, respectively)."
2. Nashville, Tennessee
"Nashville, Tenn., ranks second because it has the strongest job growth in the country and has a very high share of households under 35 (ranked 8th), but falters in affordability (ranked 58th)."
3. Raleigh, North Carolina
"Raleigh, N.C., ranks third on our list because of its strength in two categories: it has strong job growth (ranks 3rd) and a low vacancy rate (ranks 15th). Raleigh lags in affordability and inbound search ratio (ranks 43rd and 46th, respectively)."
7 Others to Think About
4. El Paso, Texas
5. San Antonio, Texas
6. Fort Worth, Texas
7. Austin, Texas
8. Columbus, Ohio
9. Madison, Wisconsin
10. Cincinnati, Ohio
