Home sales might be at their lowest ebb since the 2008 financial crisis, with sales of existing homes expected to drop to a rate unseen since 2011—but in 10 key cities across the U.S., homebuying is seeing a surge.The deceleration in home sales is spurred by the highest mortgage rates in 23 years, dwindling inventory, and sky-high home prices.
'Oxnard, CA: This coastal city is known for less crowded beaches and a vibrant agricultural sector. Homes here are moving 11 days faster than the previous year, even though their median list price is notably higher than the national average.Boise, ID: After a downturn during rising interest rates, Boise's market is making a comeback, with homes now selling nearly 10 days faster.
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