According to experts, the housing market will be better in 2022 due to fewer bidding wars and better economic conditions. There are a lot of cities that will be great for first-time home buyers or investors. Besides being able to find a great deal on a new home, these cities also offer great amenities and consistent price growth. Here are some of the best cities to buy a home in the United States this year.
Boston, MA
If you’re looking for a place to settle down with your family or start a career, Boston is a great choice. It’s also one of the best cities to buy real estate in the country. According to experts, the median home price in Boston will increase by 7.5% in 2022. There will also be a 3.9% increase in home sales in 2022.
In addition to being one of the best cities to buy real estate in the country, Boston also offers a wide range of home styles. There are multiple types of properties that are available in this area, such as colonial homes, rowhouses, and single-family houses. According to experts, the low-interest rates and the increase in home listings in the market will make it easier for buyers to find a great deal in 2022.
Phoenix, AZ
The vibrant and diverse community of Phoenix is known for its year-round warm weather, arts and culture, and diverse population. Aside from being one of the best cities to live in, the real estate market is also a major draw for people who are looking to relocate.
Despite the current shortage of homes for sale in Phoenix, experts believe that the market will continue to grow in 2022. This will allow more buyers to enter the market and find a great deal.
Columbus, OH
One of the most affordable major cities in the US to live in, Columbus is known for its large number of job opportunities and big-city amenities. With a housing market that’s more affordable than in other major cities such as Washington DC and San Francisco, the city’s real estate is also more accessible.
With a wide range of home styles and prices, Columbus is a great choice for people who are looking to buy their first home or retire. It also offers a budget-friendly home for those who are looking to retire.
Austin, TX
One of the best cities to live in the U.S., Austin has been recognized for its large number of job opportunities and cultural attractions. The capital of Texas is also known for its vibrant tech industry and growing culinary scene. Over the past couple of years, the real estate market in Austin has been one of the hottest in the state. According to experts, the median home price in the city will increase by 3% in 2022.
In addition to being one of the best cities to live in, Austin also offers a wide range of home styles and prices. Multiple types of properties are available in this area, such as traditional single-family houses and Mid-Century Modern ranch homes.