10 Standouts in the Housing Market
December 2, 2014
National home prices continue to moderate following last year's double-digit surge. Distressed saturation fell to 16.8 percent nationwide, "suggesting the shortage of lower-priced inventory is the catalyst for stalling gains," according to Clear Capital's latest Home Data Index Market Report.
"The housing recovery is at a pivotal point — it's in need of restored consumer confidence and non-investor demand," the report notes.
But some markets remain the exception. For example, Detroit has ranked within the top three highest-performing metros for the fifth consecutive month. Clear Capital pointed out the following markets as having the biggest price gains:
Year-over-year price gains: 20.3%
Distressed saturation: 19.5%
Atlanta–Sandy Springs–Marietta, Ga.
Distressed saturation: 19.4%
Distressed saturation: 9.4%
Distressed saturation: 19.3%
New Orleans–Metairie–Kenner, La.
Distressed saturation: 15.6%
Milwaukee–Waukesha–West Allis, Wis.
Distressed saturation: 17.5%
Distressed saturation: 24.8%
San Jose–Sunnyvale–Santa Clara, Calif.
Distressed saturation: 4.6%
Distressed saturation: 16.8%
Distressed saturation: 7.4%
Source: Clear Capital
Updated: December 06, 2019