Top 10 Markets in the US: Did Albuquerque Made the List?
(Transcript Snippet): “Tego: Right. So it was just locking that in. So yeah. KRQE had a couple real estate stories this week. One of ’em was this one about rental prices and, and going up you know, almost 20% in the last year verse. And, and they also did a story on, in top 10 markets in the us, which I thought was interesting, Tracy, because KRQE obviously’s the was from
Tracy:
Zillow though. They were quoting Zillow, Right?
Tego:
No, no, no. My, my, my point is they did this story about top 10 markets in the us for 2022. And Albuquerque’s not in the list, but I mean, it’s great. I’m glad to see the local news outlets doing stories on real estate, obviously, cuz that’s what I love. But top 10 markets, let’s just go through this in 20, 22 based on Zillow’s estimation. So
Tracy:
One and two are both in Florida, Tampa and Jacksonville. We have good friends that are realtors in both of those markets. Yeah. And a it’s fun to talk with them. We don’t see ’em in person anymore. Like we used to twice a year. But we still are in the same circles and hearing about Tampa is exciting. You know, it’s an hour in to the, the Gulf coast from Orlando, right. Our hour and a half, I suppose to get there. So, oh Florida for sure. You know, the whole east coast migration thing. Yeah. From New Jersey and New York, they say the number one, a different story will tell you the number one place people are moving from is that Metro area of New York, New Jersey. Sure.
Tego:
Well, and yeah, if you go through the list, it’s interesting because it’s really, it speaks Sunbelt, right? So Tampa, Jacksonville, Raleigh Carolina, San Antonio, Texas, Charlotte, North Carolina, Nashville, Tennessee, Atlanta, Phoenix, Orlando, Austin, all Sunbelt cities. Right? For the
Tracy:
Most part, I don’t see Fargo in there or
Tego:
No, Nope, but no Minneapolis or Detroit. Well, what’s interesting though, of course is Boise. Idaho is, is, you know, been the, the, the market around the country. That’s just gone bonkers. And of course that is not a Sunbelt country, although it’s like here in the sense that it’s it’s high desert,
Tracy:
It is. But one of the things that I, when I read the full story was that they were also looking at about affordability as well. Right. Wait, wait,
Tego:
Wait, wait, you not the headline. You didn’t just read the headline yet. She read the story. I
Tracy:
Actually looked at, I, you know, we’re Zillow, premier agents. I happen to see this come through on my email before this, but you know yeah. When I looked at it, I thought, well, so there’s some affordability things in here as to why these will also be hot and Boise, Idaho is very hot, but you know, it’s the, so Silicon valley people that can afford it now because it has changed so much with COVID.
Tego:
So, yeah. And, and you know, if, if we talk about Albuquerque and affordability, we’re still in a good position there. And I look at that all the time. Albuquerque’s still, you know, one of the more affordable markets for, for housing, you know, compared to our counterparts.
Tracy:
Yeah. So I’m curious with our listeners, you know, if, if you were to pick anywhere to move out of our area, out of the state, let’s say, you know, where would you go love to hear that? You know, you could tweet back to Tigo or something out the best way for someone to tell us, where would you go? Give us a tweet.
Tego:
Yeah. That works. That works. You can find me on Twitter, Tego, Ventura, pretty easy to find. And by the way, you’re listening to Albuquerque real estate talk with Tego and Tracy Ventura, Ventura Realty, group of Keller Williams Realty, and people can reach us at
Tracy:
448-8888 that (505) 448-8888, or welcomehomeabq.com.