S
pringfield has taken the top spot as the number one real estate market in the US for November, according to Realtor.com. The website credits Springfield's proximity to Boston as a major factor in its success, citing the city's strong job market in education, technology, and research. This has led to an increase in flexible work arrangements, with many employers offering remote or hybrid positions.
As a result, homebuyers are being drawn to surrounding areas like Springfield, which offer more affordable housing options compared to Boston. According to Danielle Hale, chief economist for Realtor.com, this trend is consistent with previous research that shows buyers often seek out lower-cost markets when they have the flexibility to work remotely.
realestate
Springfield tops US hotspots for homebuyers, according to online real estate guide
Springfield Ranks as Hottest Real Estate Market Due to Low Inventory and High Demand.
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realestate
Brown & Riding Names New Real Estate Practice Head
Veteran leader with industry expertise and regional insight
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realestate
LA's affluent neighborhoods face gentrification threat from investors
Fires may exacerbate LA's affordability crisis, pricing out low-income residents and making the area exclusive to the wealthy.
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realestate
Hyannis Retail Complex Sells for $44.1 Million, Formerly Home to Whole Foods Market
Southwind Plaza, a 258,110 sq ft shopping center on Route 132, features major retailers including Home Depot, Kohl's, and Ethan Allen.