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Hot real-estate markets in 2018 leave Midwest cold


Columbus and the rest of the Midwest will be left out in the real-estate cold this year ... Following San Jose are: Raleigh, North Carolina; Seattle, Washington; Charlotte, North Carolina; San Francisco, California; Austin, Texas; Denver, Colorado ...


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Jim Weiker The Columbus Dispatch @JimWeiker Columbus and the rest of the Midwest will be left out in the real-estate cold this year, according to the annual forecast of hot real-estate markets by the real-estate service Zillow.None of Zillow's Top 10 hottest real-estate markets are in the Midwest or the NortheastInstead, the West Coast and the South dominate, led by San Jose, California.Zillow predicts that the median value of a San Jose home - already over $1.1 million - will rise 8.9 percent this year, the highest in the nation.Zillow's hot-market list is based on projections of rent as well as home values.Following San Jose are: Raleigh, North Carolina; Seattle, Washington; Charlotte, North Carolina; San Francisco, California; Austin, Texas; Denver, Colorado; Nashville, Tennessee; Portland, Oregon; and Dallas, Texas.“This list shows that just because a market is smaller or more affordable doesn’t mean it isn’t dynamic,” said Aaron Terrazas, senior economist at Zillow.“Places like Raleigh, Charlotte and Nashville offer plenty of opportunities in healthcare and finance, while providing a less-expensive, but still-convenient alternative to the larger and pricier markets in the NortheastThe tech industry continues to roar, attracting thousands of new residents per year to tech-dominant markets like Seattle, Denver and the Bay AreaThe higher cost of living in these areas is offset to a large degree by well-paying tech jobs.”    Never miss a story Choose the plan that's right for you. Digital access or digital and print delivery. Subscribe Now Sign up for daily e-mails Sign up Reader ServicesSubscribeManage SubscriptionLive ChatDMG RewardsAbout the DispatchMy ProfileOnline ServicesE-EditionDispatch Photo StoreOSU Photo StoreDispatch NIERSS FeedsPodcastsNewslettersMobile AppPrint ArchivesAdvertisingPlace an AdMedia KitWeekly AdsClassifiedsDMG + ThriveHiveContact UsStaff DirectoryNews TipsSend letters to the EditorCalendarDispatch careersPrivacy policy

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