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US best cities see soaring home prices and job growth

By Sam Shueh

Real Estate Agent with (408) 425-1601 CA bre 1519182

January 21, 2016 12:16 AM

I found this chart and wish to share this with others.

The employment directly influencing home prices as people still want to own instead of renting. The chart below compares when the economy took off from 2012 through end of 2015.

It also went in so far as specifying the following cities have realized the most gains. Most westernmost U.S. cities have seen roaring job growth and real estate price gains, while most northeast cities have seen only sluggish economic growth and lagging prices compared to the norm.

Cities have gained the most:

1. San Jose, CA(Silicon Valley) +44%

2. San Francisco, CA +43%

3. Denver (see above chart) +29%

4. Seattle (fueled by high tech) +28%

Cities that are lagging(ouch!)

1. Albuquerque -5.3% price erosion (2012-2015)

2. Gary, Indiana

3. Silver Springs, Maryland

4. Camden, NJ

5. Syracuse, NY

Las Vegas is neither favorable. Palm springs is seen growth and recovery with more jobs created.

Sam Shueh Realtor

I've called San Francisco South Bay home for over 37 years. We love this area and all it has to offer, and I enjoy sharing what I know about homes. I documented in several books about Silicon Valley history. I have much expertise in real estate...please give me a call. SamShuehRealtor at Gmail.com

(Four-O-Eight) 425-1601 http:/SiliconValleyRealtors.info/

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Ryan Huggins - Thousand Oaks, CA

https://HugginsHomes.com - Thousand Oaks, CA

Residential Real Estate and Investment Properties

Great charts Sam, thanks for sharing. Great that your market is on the top of the list!

Jan 21, 2016 01:09 AM

Joan Dickie

Keller Williams Premier Realty - La Crosse, WI

Keller Williams Premier Realty

Thanks for sharing. Do you think if the market downturn continues, will it affect your market?

Jan 21, 2016 01:15 AM

Sam Shueh

Yes, Apple newer employees are likely to be underwater. They will rent instead of buying. Yahoo, HP, Qual Comm, Intel are letting people go... In fact the CEO of Yahoo is has been asked to resign along with the board members a few times....

Then we got oversea picky investors from Europe and Asia....

Jan 21, 2016 01:59 AM

LUXURYSOCALREALTY COMPASS La Jolla

Compass - La Jolla, CA

San Diego Partner - The Private Client Network

Excellent info thanks for sharing Sam have a great day.

Jan 21, 2016 01:22 AM

Sam Shueh

San Jose, CA

Barbara Todaro

RE/MAX Executive Realty - Happily Retired - Franklin, MA

Previously Affiliated with The Todaro Team

Hi Sam Shueh CA always leads the way.... just follow the rich and famous....

Jan 21, 2016 02:30 AM

Belinda Spillman

Aspen Lane Real Estate Colorful Colorado - Aurora, CO

Colorado Living!

Denver Co is leading the pack on the bar charts. No surpirse there. It has been a crazy couple of years.

Jan 21, 2016 04:01 AM

Marte Cliff

Marte Cliff Copywriting - Priest River, ID

Your real estate writer

Thanks for sharing Sam. I always enjoy seeing charts such as these.

Jan 21, 2016 05:17 AM

Jeff Dowler, CRS

eXp Realty of California, Inc. - Carlsbad, CA

The Southern California Relocation Dude

No doubt there have been lots of shifts in housing, jobs and inventory throughout the country, and in different ways. I'm not surprised that San Jose and SFO lead the way in terms of price growth. CA in general seems to be heading lots of lists

Jeff

Jan 21, 2016 02:25 PM

Scott Godzyk

Godzyk Real Estate Services - Manchester, NH

One of the Manchester NH's area Leading Agents

I will have to check that article out Sam Shueh , here in NH we have a 3.2% unemployment rate. We like to compare our housing costs with MA where many buyers who work in MA, will choose to buy in NH to get much more of a house.

Jan 21, 2016 09:39 PM

Pamela Cendejas

Second Self Virtual Assistance - Kingman, AZ

Second Self Virtual Assistance (928) 692-3235

Great breakdown, Sam Shueh.

Jan 22, 2016 03:14 AM

Joan Cox

House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO

Denver Real Estate - Selling One Home at a Time

Sam, not surprised to see Denver ranking high. Home values are skyrocketing, inventory so low, and job growth is increasing. All good around here!

Jan 22, 2016 10:02 PM

(408) 425-1601 - San Jose, CA

mba, cdpe, reopro, pe

Denver is high on rents... Aren't glad Denver is not a oil industry town where having a job is a blessing...

Jan 23, 2016 02:16 AM

We do have a lot of oil companies here, and they are struggling. May need to sell a custom home due to dropping prices. Rents ARE high in Denver too.

Jan 23, 2016 02:55 AM

US best cities see soaring home prices and job growth

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