The West Coast no longer dominates as buyers gravitate toward more affordable regions (median list prices lower than $299,000).
Hottest markets = those with the most listing views and fewest median days on market.
Housing Inventory Expands in June
Although monthly sales decreased, new home sales were 7% higher in the first six months
of 2018 than they were during the same period in 2017.
Sources: [1] Realtor.com®, Market Hotness Index, June 2018. [2] Realtor.com, Real Estate Trends, June 2018. [3] National Association of Realtors® (NAR), Existing-Home Sales, June 2018. [4] U.S. Census Bureau, Monthly New Residential Sales, June 2018. [5] Ellie Mae® Second Quarter 2018 Results. [6] Ellie Mae Origination Insight Report, June 2018.