A new Realtor.com study used the company's "Market Hotness Index" to find the parts of the country with rising demand and fast moving supply.
"Realtor.com announced America's top suburban hotspots, led by Northeast/Montbello, Colo. (a suburb of Denver); Wylie/St. Paul, Texas (a suburb of Dallas); and Dublin/Dougherty, Calif. (a suburb of San Francisco)," reports Builder magazine. According to the article two factors drove the popularity of the top suburban markets: "proximity to thriving urban centers and strong household growth."
The suburbs on the list are located just outside urban centers that are 20% hotter than the average metro, where homes are viewed 1.4 more times than the average home included in the study. Additionally, these suburban hotspots have seen an average of 18.8% household growth over the last seven years, which is 2.4 and 2.8 times more growth than other suburban and urban neighborhoods, respectively.
Steve Brown provides local coverage of the study, focusing especially on the Dallas-area's contribution to the list: Wylie and St. Paul.
Sabrina Speianu shares the main takeaways from the larger report in a post for Realtor.com. The "Top Suburban Zip Codes" list is one of several shared there, including one that shouldn't go unnoticed by observers of the nation's growth: "Relative Top Suburban Zips" (i.e., suburban neighborhoods outperforming their urban counterparts).
FULL STORY: Realtor.com Names the Hottest Suburbs
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