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Boston Housing Market Essay

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Courtesy of Real Estate Ink, a full-service boutique brokerage in Melbourne, FL, below is a list of housing markets from around the United States that are expected to have explosive years in 2016.

• Providence: The capital of Rhode Island has recently exploded thanks to its proximity to Boston. The cities are closely connected, and Boston keeps on displaying economic growth, so many looking for a house consider Providence a more affordable place than Boston to live. Compared to 2015, home prices and sales in Providence are expected to increase 10% in 2016.
• St. Louis: Home prices here are predicted to increase by 10% in 2016. In 2015, inventory diminished and demand increased, which applies pressure to prices. Sales of homes are expected to jump 9% in 2016 due to median wage growth and strong employment rates.
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Home prices are forecast to rise nearly 10% in 2016. Inventory here moves quickly, the climate and scenery is beautiful, and new construction has been strong.
• Sacramento: California’s capital has a good economy right now, what with higher household incomes, household growth above average, and a lower unemployment rate. Prices for homes in the area are expected to rise more than 10% this year, along with a 7% rise in sales.
• Atlanta: The housing market here in 2015 turned itself around, transitioning from a buyer's market to a seller's market, and experts predict that 2016 will also be a good year for the city’s real estate industry. Median home prices may increase 9.6%.
• New Orleans: Sales are expected to rise at least 10% this year, in part thanks to quickly moving

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