These cities have become particularly attractive to house hunters who have been priced out of expensive metros, one analyst said.
Those cities have become particularly attractive to house hunters who have been priced out of expensive metros, said Bankrate analyst Jeff Ostrowski.
"The momentum in the housing market has shifted to the Sun Belt, and especially to Georgia, the Carolinas and Florida," Ostrowski said in the analysis."While many parts of the U.S. are experiencing price declines, home values have held steady in the Southeast."Bankrate said Gainesville ranked No. 1 because homes in the area have appreciated 40% in one year, higher than any other location in the analysis.
Gainesville's home prices are also less expensive than the national median. The city's median home sales price for Gainesville hit $375,000 last month, compared to the national median of $430,000,
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