The 10 most stable housing markets in the United States, ranked
BY LILLIAN DICKERSON
July 19, 2022
The housing market and the economy at large have taken a wild ride this year, with home prices clinging to historic highs and mortgages hitting rates farsurpassing the lows of 2021.
Combined with inflation, the rollercoaster ride has given homebuyers pause, even as it signals a gradual recovery of housing inventory.
Realtor.com now anticipates home sales to decrease by 6.7 percent over the course of 2022, compared to previous forecasts of sales increasing by 6.6. percent. Where’s the best place to wait out all the ups and downs in the market According to an analysis by CNBC that weighed each state’s economic health, annual home price appreciation, new construction per year and foreclosures and insolvency from the first quarter of 2022, Utah has the most stable housing market in the country right now. The financial news outlet drew data from the recently released CNBC America’s Top States for Business study, the Federal Housing Finance Agency (FHFA), the U.S. Census Bureau and Attom Data Solutions.
Did you know that close to 25% of all homes sell without ever hitting the open market?
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