· According to CNN Money, West Palm Beach was the fastest-growing housing market in 2014.Housing prices have risen 34% in the last year. People transplanted from the North are buying houses faster than ever in West Palm Beach, considering a home of similar size would cost at least twice as much back home.
To be sure, the housing market is far from the dangerous. which helped bring leverage on non-mortgage household debt to a record high in the first quarter of this year. Slideshow (8 Images) While.
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– Several of the nation’s fastest growing housing markets can be found in the South — three Florida markets are among the fastest appreciating, as well as Nashville and Dallas.
Going forward, we expect mortgage rates to remain affordable and we expect an improving job market to boost household formation as the millennial generation leaves the nest. Higher interest rates do.
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Fastest-growing housing markets. Three of the top four fastest-growing counties were in Florida, with Sumter County – 12.8 percent growth – at No. 2. Pinal County, Arizona, was third with a 10.2 percent increase, but another Arizona county, Maricopa, recorded the largest numerical increase of any U.S. county; it added 52,000 homes during the 12 months, a 3.7 increase.