Prices are dropping in these hot markets

Since the Spring is considered a prime time in the real estate market, you would expect prices to rise. And generally they are, the the 20 hottest markets seeing an increase of 3.8%.

But tucked in those 2 markets are four metro areas where prices are actually falling. The include:

  • Oshkosh-Neenah, WI: number 10, prices down 12.3% to a median list of $325,000
  • Bridgeport-Stamford, CT: number 14, prices down 9.8% to a median list of $869,000
  • Lancaster, PA: number 12, prices down 0.5% to a median list of $420,000
  • Dayton-Kettering, OH: number 15, prices down 0.7% to a median list of $218,000 (!)

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