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☆ The fastest-growing and fastest-shrinking cities in the US
▼ + stars: | 2024-03-21 | by ( Madison Hoff | ) www.businessinsider.com time to read: +1 min

Wildwood-The Villages, Florida, saw its population increase 4.7% from July 1, 2022, to a year later. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Wildwood-The Villages in Florida saw the greatest increase from July 1, 2022, to July 1, 2023, among metros. Additionally, the data from the Census Bureau shows there were also a lot of metros with population percent declines during that time.

Persons: —, Kristie Wilder, Paul Mackun Organizations: Service, Bureau Locations: Florida, Napa , California, Ithaca , New York, Charleston, West Virginia, South, Wildwood, New Orleans, Metairie, Louisiana

☆ 10 U.S. metro areas where homes are selling the fastest—none of them are in Florida
▼ + stars: | 2024-03-11 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

Creditnews Research, an independent research house, released its new ranking of the fastest-selling housing markets in the U.S. To do a pre-Covid versus 2024 comparison, the study used metrics from January 2020 to January 2024. Five of the top 10 fastest-selling metros were also among the top areas that lost the most per-capita housing inventory since the beginning of the pandemic. Florida had one of the strongest housing markets during the pandemic, according to CNBC's America's Top States for Business ranking, but not a single city in the state ranked in Creditnews Research's top 10. It's a signal that the housing market in the Sunshine State isn't what it used to be.

Organizations: Research, U.S, Business, Creditnews, Sunshine State Locations: U.S, East Coast, Florida, America's, States

☆ Hot on the trail of cherry blossoms — peak times for 2024
▼ + stars: | 2024-03-02 | by ( Forrest Brown | ) edition.cnn.com time to read: +4 min

Editor’s note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. CNN —In travel news this week: Circling the calendar for peak cherry blossoms, a very rare peek at post-pandemic North Korea and the insightful confessions of a Vegas habitué. While peak bloom can still be up in the air, the dates for the National Cherry Blossom Festival are solidly locked down: March 20-April 14. Meanwhile, Japanese forecasters are out with their own cherry blossom, or sakura, predictions. 02:06 - Source: CNNIn the best of times, a visit to communist North Korea was a rarity.

Persons: Brandon Griggs, He’s, Willy Wonka Organizations: CNN, Washington , D.C, Bloom Watch, National Cherry Blossom, –, Air Albania, AAA Locations: Korea, Netherlands, France, Washington ,, Japan, Wharf, Kochi, Tokyo, wintry Sapporo, Dubai, Atlanta, Air, London, India, United States, North Korea, Russia, Pyongyang, Masikryong, North, Las Vegas, Sin

A February study from WalletHub examined the 100 largest US cities' levels of "financial distress." A February study from WalletHub, a personal finance company, examined the 100 largest US cities and calculated the level of "financial distress" for each. Interestingly, in an earlier WalletHub study that looked at financial distress at the state level, Arizona ranked just 16th least burdened. These cities' financial woes underscore the broader economic challenges, from unemployment to high living costs, that add stress to the residents' financial difficulties. How some cities are alleviating financial distressArizona's largest cities have become a model for financial stability in a post-pandemic economy, instituting policies designed to address recent financial hardships.

Persons: WalletHub, Gilbert, Chandler, Cassandra Happe, Christian Petersen, Happe Organizations: Arizona, Four Arizona, U.S . Census, Administrative, U.S ., Google, Scottsdale, Glendale, Business, Getty Locations: Chicago, Houston, New York, Arizona's, Four, U.S, Boise , Idaho, Arizona, Glendale, Scottsdale, Glendale , Arizona, Angeles, Dallas

☆ The US housing market added $2 trillion in value last year, boosted by a nationwide shortage of homes for sale
▼ + stars: | 2024-02-28 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +2 min

The US residential market added $2.4 trillion in value last year, listings site Redfin said. AdvertisementThe housing market in the US added $2.4 trillion last year, jumping to $47.5 trillion. Though housing demand has been dampened by stubbornly high mortgage rates, the total value of the market climbed by 5.3% from December 2022, preliminary data released by Redfin on Wednesday showed. Pandemic-era mortgage rates fell below 3%, driving a frenzy of buying in 2020 and 2021. The combination of elevated mortgage rates, high home prices and a limited pool of homes for sale means homeownership is about as unaffordable as ever.

Persons: Redfin, —, aren't, Chen Zhao Organizations: Service Locations: Redfin, New York City, New Jersey, Midwest, Milwaukee, Grand Rapids, New York, Honolulu , Riverside, Denver

☆ Here’s where the price of rent is dropping in the US
▼ + stars: | 2024-02-22 | by ( Anna Bahney | ) edition.cnn.com time to read: +3 min

The national median price of rent for apartments ranging from studios to two-bedroom apartments fell 0.3% year-over-year to in January. Still, prices are over 18% higher than pre-pandemic levels, due to continued strong demand and limited supply in some markets. The national median rent for a two-bedroom apartment was $1,892 in January, down 0.6%, while rent for a one-bedroom was essentially flat at $1,591. Still, even with the uptick, Chicago’s median rent of $1,852 is almost $1,000 less than coastal big cities like New York at $2,844 and Los Angeles at $2,829. But the supply of new multifamily housing is growing, which helps to bring down rental prices, according to the report.

Persons: That’s, Realtor.com, ”, Danielle Hale, Hale, weren’t Organizations: DC CNN, Kansas, Las Locations: Washington, Chicago, Indianapolis, Kansas City , Missouri, New York, Angeles, Memphis , Tennessee, Atlanta, Austin , Texas, Louis , Missouri, Miami, Phoenix, Las Vegas, Los Angeles, Seattle, Boston

☆ People are moving out of cities with poor air quality — but many end up facing other climate risks
▼ + stars: | 2024-02-16 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

Much of the Sunbelt "has [a] low air-quality risk but it has high heat risk, high flood risk, high wind risk from things like hurricanes," she said. When looking at moving trends within counties and cities from 2000 to 2020 paired with flood risks, researchers at First Street Foundation noticed clear signals of people moving away from areas exposed to flooding. Additionally, more than 3.2 million (35.5%) of those residents said they left specifically because of the flood risk. 'I personally was impacted by air quality'Over 85% of homes in 13 major cities are highly exposed to poor air quality; nine are in California and the rest are spread out in Washington, Oregon and Idaho, Redfin found. "I personally was impacted by air quality," Fairweather said.

Persons: Eduardo Munoz Alvarez, Fairweather, We're, Jeremy Porter, Porter, Redfin Organizations: Getty, First Street Foundation, CNBC, riskier metros Locations: West Coast, Sunbelt, Arizona , Florida , Nevada , North Carolina, South Carolina , Texas, Tennessee, New York, U.S, California, Washington , Oregon, Idaho, Seattle, Wisconsin, riskier

☆ Black Americans still face 'disproportionately steep hurdles' to homeownership, expert says
▼ + stars: | 2024-02-14 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

Homeownership is out of reach for many Americans — especially for Black Americans. In the country's largest metropolitan areas, Black people own a disproportionately small share of homes relative to population size, according to a new report from LendingTree. In 2022, Black people made up an average of 14.99% of the population across the 50 largest metropolitan areas of the U.S., but owned an average of 10.15% of owner-occupied homes in such places, the report found. "Relatively speaking, Black people don't own that many homes," said Jacob Channel, a senior economist at LendingTree who authored the study. The study ranks the nation's 50 largest metropolitan statistical areas by the difference between the percentage of owner-occupied homes in a metro owned by those who identify as Black and the share of an area's population that identifies as Black.

Persons: Homeownership, Jacob Channel, LendingTree Organizations: Black, Finance, IRS, Survey Locations: LendingTree, U.S, Memphis , Tennessee

☆ Home prices are 65% higher in places with high-risk air quality as climate change warps the housing market
▼ + stars: | 2024-02-12 | by ( Aruni Soni | ) www.businessinsider.com time to read: +1 min

Home prices are 65% higher in places with high-risk air quality as climate change warps the housing market, Redfin report says. The median sale price in a high-risk metro was $563,710 as of December, far above the $341,483 price in low-risk metros. Metro areas where air-quality risks are high are seeing median sale prices soar by 65%, according to a Redfin report published on Monday. That's a median price of $563,710 in high-risk areas as of December — far above the $341,483 median sale price in low-risk metros. Unsurprisingly, most of those high-risk areas are concentrated on the West Coast, an area that has recently been prone to disastrous wildfires.

Organizations: Service, Business Locations: West Coast, Metro, Los Angeles

☆ How millennials could give the suburbs a much-needed makeover
▼ + stars: | 2024-02-11 | by ( Eliza Relman | ) www.businessinsider.com time to read: +9 min

The suburbs are home to the vast majority of Americans, including millennials priced out of cities. AdvertisementThese days, the American suburbs are seeing something of a revival after a few decades of the back-to-the-city movement, in which mostly young people flocked to urban centers. The rise of remote work coupled with the soaring costs of urban housing has pulled, or pushed, lots of millennials and others to the suburbs and even far-flung exurbs. Exclusive, isolating, and inconvenient suburbsThe American suburbs have always been flawed in a host of ways. Kotkin says the American suburbs have “won the battle” with cities, reigning as the more economically and demographically dominant place.

Persons: —, ”, Andrew Justus, ” Justus, “ We’ve, Adie Tomer, Tomer, Joe Sohm, Joel Kotkin, Kotkin, “, ” Tomer, Tayana Panova, ” Panova Organizations: Service, Niskanen, Brookings Institution, MIT, Chapman University, National Review, metros Locations: American, it’s, Paoli , Indiana, America’s, Somerville , Massachusetts, Shaker Heights , Ohio, Orange , California, Bronxville, Westchester County, Woodlands, Texas, Houston, ”, walkable, Suburban

☆ Here's how much it costs to live in America's 10 most expensive cities
▼ + stars: | 2024-02-08 | by ( Madison Hoff | ) www.businessinsider.com time to read: +3 min

Business Insider looked at the monthly costs for households with two adults and two children from the Economic Policy Institute's " Family Budget Calculator ." 1 — or the most expensive among the metros analyzed by EPI — based on its monthly total cost of around $15,000. With a monthly cost of over $3,000 for housing, based on the cost of a two-bedroom apartment, this was the largest monthly expense among the seven categories for this area. Childcare was the largest monthly expense among the seven categories for Nassau-Suffolk, New York, for instance. Below are the most expensive metros ranked based on the monthly total for two adults and two children according to EPI.

Persons: —, EPI, EPI —, San Francisco wasn't, Jerome Powell, Powell, Paige Connell Organizations: Service, Business, Affordable, Francisco, metros Locations: California, San, Stamford, Norwalk , Connecticut, Nassau, Suffolk , New York

☆ Single HENRYs are fleeing West Coast cities like San Francisco and Los Angeles for the Sunbelt, study finds
▼ + stars: | 2024-02-06 | by ( Eliza Relman | Noah Sheidlower | ) www.businessinsider.com time to read: +5 min

These movers are disproportionately higher-income, a new Bank of America report found. Las Vegas and Phoenix are the only Western cities Bank of America analyzed that had population increases compared to first quarter 2020. Housing costs are a major reason people are leaving West Coast cities for the Sunbelt. But many Sunbelt cities have more permissive land-use and zoning regulations than their coastal counterparts, meaning they're often better equipped to keep up with rising demand by building more homes. Both West Coast and Sunbelt cities that aggressively restrict housing construction will likely continue to face affordability crises.

Persons: — Organizations: Coasters, Bank of America, Service, Bank of, Jacksonville, Las, metros Locations: Southwestern, West Coast, San Francisco, Los Angeles, Las Vegas, Florida, Georgia, Texas, Austin, San Antonio, Francisco, Seattle, Portland, San Diego, Phoenix, Miami, Orlando, Tampa, South, West

☆ Severe winter weather dampens home sales, keeping prices high, Redfin says
▼ + stars: | 2024-01-25 | by ( Laya Neelakandan | ) www.cnbc.com time to read: +2 min

Photographer:Severe winter weather is hindering home sales across the country, according to a Thursday report from real estate company Redfin . The median U.S. home-sale price has been steadily increasing, rising around 5% in the first four weeks of January, alongside asking prices, Redfin reported. While low inventory – down 4% year over year – and increased purchasing power have contributed to the high price tags, Redfin said winter weather has also factored into sluggish sales. Pending home sales are down more than 8% year over year, which Redfin reported as the biggest decline in four months. With potential homebuyers in areas facing severe winter weather staying home, that number has continued to climb.

Persons: Redfin, Christine Kooiker Organizations: National Association Of Realtors, Midwest, National Association of Realtors Locations: Geneseo , Illinois, U.S, California, Michigan, Redfin, Anaheim , California, New Brunswick , New Jersey, Miami , Florida

☆ America's Zoomtowns Face a Growing Housing, Traffic, Culture Crisis
▼ + stars: | 2024-01-24 | by ( Emily Cataneo | ) www.businessinsider.com time to read: +18 min

We're transitioning from a sleepy capital city into a midsize-to-major city," Jonathan Melton, a member of Raleigh's City Council, told me. The first wants to solve the problem of too little housing by, well, building more housing. But Melton and the YIMBYs' vision rankled some Raleigh residents who eventually started to push back on what they considered extreme pro-development policies. The new buses seem like a great idea, but as with all these changes, residents are worried that the route will have unintended consequences. It's worth noting, too, that most Raleigh residents, even those who oppose the current pace of development, point to some positives.

Persons: Raleigh, I've, Jonathan Melton, Zillow, Raleighites, We're, Frank Hielema, Hayes, Barton, Margie Case, Hayes Barton, Kesha Monk, Monk, who've, she'd, they'd, shudder, Adam Terando, Terando, Melton, that'll, Shaw, she's, Case, there's, There's Organizations: Raleigh's City Council, Council, Raleigh, Public, Shaw University, Raleigh City Council, New, Seaboard Station, Seaboard, City Council Locations: Raleigh , North Carolina, Southern, Wake County, Raleigh, Oaks, Raleigh's, Melton, Hayes Barton, Hayes, Hielema, Biltmore, New York, Los Angeles, San Francisco, Vermont, Austin, Cleveland, Scottsdale , Arizona, Wake, New Bern, downtown Raleigh, New York City, downtown that's

☆ 'Housing affordability is reshaping migration trends,' economist says. Here's where people are moving
▼ + stars: | 2024-01-23 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: 1 min

Homes in those consumers' new metros cost $7,500 less, on average, compared to the places they left. "Housing affordability has always mattered...and you're seeing it across the country," said Orphe Divounguy, a senior economist at Zillow. "Housing affordability is reshaping migration trends." More from Personal Finance:Gen Z, millennials are 'house hacking'Why can’t today’s young adults leave the nest? Blame high housing costsHow to vet HOAs when house hunting

Persons: Orphe Divounguy, Gen, HOAs Organizations: Van Lines, Finance

☆ A housing expert who nailed the prediction for 2023 says home prices to jump 7% this year
▼ + stars: | 2024-01-16 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

Nik Shah, a housing expert who was spot-on in his forecast for last year, said prices could climb 7% in 2024. "Barring a black swan event, we predict that the housing market in 2024 will appreciate more than 2023," Shah told the real estate outlet. Related storiesFor reference, the S&P CoreLogic Case-Shiller National Home Price Index notched a 4.8% annual gain up to October 2023, in line with Shah's estimate. At the same time, aging boomers will lead to an uptick in housing supply, which will should help ease prices. Meanwhile, findings from a separate Zillow survey suggest that the housing market could be breaking free from the "rate lock" phenomenon that froze activity last year.

Persons: Nik Shah, ResiClub, —, Shah, hasn't, Gen Z Organizations: Service, metros, Owners Locations: Austin, Boise, Denver

☆ These are the 10 best U.S. metros to buy a house in 2024—none of them are in Florida
▼ + stars: | 2024-01-12 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

A December report from real estate broker Realtor.com ranked the best U.S. cities to buy a house in 2024 based on expected price growth and sales. The annual report analyzed the country's 100 largest metropolitan areas and the final result is a list with half of the top metros in California. "These markets generally fall into two camps: affordable metros in the Midwest and Northeast, and high-priced Western metros," Hannah Jones, Realtor.com's Senior Economic Research Analyst, told Newsweek. Though affordability is still an issue for many. Realtor.com explains that while sales and prices are expected to increase from last year, they will remain below pre-pandemic levels.

Persons: Realtor.com, Hannah Jones, Jones Organizations: Economic Research, Newsweek, The Locations: California, Midwest, Realtor.com's, The Midwest, U.S

☆ The value of the housing market in America's largest metros has surged to $23 trillion
▼ + stars: | 2024-01-09 | by ( Phil Rosen | ) www.businessinsider.com time to read: +1 min

The value of the housing market across the nation's 50 largest metro areas has hit $23.48 trillion, LendingTree said. New York, Los Angeles, and San Francisco are the metro areas with the most valuable housing markets. AdvertisementThe US housing market has soared in value over the last few years. A new LendingTree report found that the total value of owner-occupied housing units across the biggest 50 metro areas in the US has reached $23.48 trillion. In 2020 and 2021, many Americans secured mortgage rates of about 3% for a 30-year fixed rate loan.

Persons: LendingTree, — Organizations: Service, Business Locations: New York, Los Angeles, San Francisco

☆ 50 cities showing where rents are surging or dropping compared to home values — and how to determine whether it's worth buying or renting, according to experts
▼ + stars: | 2023-11-30 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

But home prices are still on the rise, according to a November 28 note from Selma Hepp, the chief economist at CoreLogic. The outcome is that many remain renters, which drives up demand for rental property and the cost of rent. If the cost of rent is 20% below the price of owning a home monthly, then it may be comparable. Rent prices are based on listings from Rent.com. For example, take the cost of rent over five years; let's say it's $3,000 x 12 months = $36,000 annually.

Persons: Selma Hepp, they'll, Suzanne Miller, Miller, Price, Shmuel Shayowitz, Shayowitz Organizations: Business, Home, Empire State, Seattle -, Dallas, Fort, Redfin, Kansas, Jacksonville, Birmingham, NA Milwaukee, Phoenix, Boston, Orlando, Virginia, KY, UT, Oklahoma Locations: Redfin . Metro, Seattle, Dallas, Seattle - Tacoma, Bellevue, Everett, Tacoma, Fort Worth, Metro, Columbus, Providence, RI, Kansas City, Angeles, Buffalo, NY, Indianapolis, York, Hartford, Jose, Antonio, Minneapolis, Detroit, MI, Virginia Beach, Louis, Washington, San Diego, Atlanta, Richmond, Cincinnati, San Francisco, Philadelphia, Tampa, WA, Denver, Riverside, CA, Cleveland, Baltimore, Pittsburgh, Charlotte, NC, Orleans, LA, Nashville, TN, Memphis, Raleigh, Louisville, Jefferson County, Houston, Salt Lake City, Miami, Chicago, Sacramento, Vegas, Portland, Austin, New York City

☆ Average homebuyers are beating out Wall Street landlords
▼ + stars: | 2023-11-29 | by ( James Rodriguez | ) www.businessinsider.com time to read: +15 min

The shutdowns of 2020 created a perfect storm for the housing market — and supercharged the clash between Wall Street and regular homebuyers. Given the attention these markets received during the pandemic, it's no wonder that the battle between Wall Street and Main Street became the dominant story of COVID-era homebuying. Advertisement"If Wall Street was really gobbling up Main Street," Sharga told me, "we would see homeownership rates go down." Wall Street landlords have also been increasingly selling off homes to regular people, a Business Insider analysis found. Still circlingWhile average homebuyers have staged a comeback over the past three years, Wall Street isn't ready to jump out of the housing market altogether.

Persons: homebuyers, That's, Wall, elbowed, Rick Sharga, CJ Patrick Company, they're, who've, Axios, Sharga, CoreLogic, Pretium —, John Voorheis, Voorheis, —, Freddie Mac, James Rodriguez Organizations: Rage, Federal Reserve Bank of Philadelphia, Parcl Labs, Labs, National Association of Realtors, Wall Street, Investor, Wall, Tricon, Associates, Investors, Center for Economic Studies, Census Locations: Phoenix, Chicago, homebuilders, homeownership, Dallas, Charlotte, North Carolina, Atlanta

☆ A Subway Ride at the Paris Olympics Could Cost You Almost Double
▼ + stars: | 2023-11-29 | by ( Steven Moity | ) www.nytimes.com time to read: +2 min

The plan in Paris would have cost €45 million, said a spokesman for the 2024 organizing committee. Visitors and tourists alike may still get at least one deal by buying the Paris 2024 pass, part of the proposed fare changes. That pass will cost €16 a day for unlimited rides in all five transit zones, down from €20.10 for an all-zone day pass, though a seven-day Paris 2024 pass will still be much more expensive than the current offering. Some of the Olympic events take place at venues in the suburbs, which are outside the main Metro zone. The Paris 2024 unlimited pass also includes trips to both airports.

Persons: Pécresse, David Belliard, ”, Laurent Nuñez Organizations: French, Olympic, Sports Committee, Visitors, Travelers, Paris Locations: Île, France, London, Paris, Paris bristled, “

‘A Beautiful Place That Has a Dragon’: Where Hurricane Risk Meets Booming GrowthThe hurricanes keep coming, and the people, too: The fastest-growing places along the Atlantic coast this century are also among the most hurricane-prone. And rising sea levels make storm surges more damaging and coastal flooding more frequent. And this booming coastal population is, by many accounts, a larger contributor to rising hurricane risks than climate change. When Gail Hart moved from Arizona to retire in Wilmington, N.C., in 2017, she hadn’t considered the hurricane risk. Still said, “where do you put 100,000 people?”The housing crunch is one of many tensions playing out between wealthy coastal communities and those who live nearby.

Persons: Matthew, Dorian, Isaias, Ian, “, ”, Kathie Dello, Gail Hart, hadn’t, ” Gail Hart, Del Webb, Hurricane Florence, Hart, “ There’s, Steven Still, Amanda Martin, North, Mr, Still, Jenny Brennan, David McIntire, McIntire, O’Leary, Ms, Water, O’Leary’s, Kevin Mishoe, Mishoe, Gina, Karen Willis Amspacher, Amspacher, “ It’s, It’s, she’s, Sharon Valentine, Hurricane Fran, Wilmington’s Del, Valentine, Leonard Bull Organizations: Hurricanes, Hurricane, First Street Foundation, Atlantic, National Flood Insurance, Southern Environmental Law Center, States, Brunswick, Myrtle, Association, Hurricane Florence, Down Locations: United States, Myrtle Beach, S.C, Wilmington, N.C, Carolinas, Florence, Carolina, Gulf, Louisiana, Florida, North Carolina’s, Kure Beach, Horry County, Brunswick County, Arizona, Tula, New Hanover County, U.S, It’s, North Carolina, Conway, Horry, Hurricane, Hurricane Florence, Bucksport, Carteret County, —, Banks, Stacy, Harkers, Fayetteville, Wilmington’s, Wilmington’s Del Webb

☆ America's cities are vying for a hot new title: best place to ride out the coming dystopia
▼ + stars: | 2023-11-02 | by ( Matthew E. Kahn | ) www.businessinsider.com time to read: +14 min

For decades, cities have duked it out for titles like "best city for business" or "healthiest city in America," but now they're starting to compete for a new title: best place to ride out dystopia. While Sun Belt cities are working to mitigate these challenges, the increased risks also create an opportunity for once forgotten cities. The declaration has been followed up with investments in key areas — climate resilience was one of the four pillars that made up the city's four-year strategic plan released at the start of 2023. And the cities that could become climate havens have their weather downsides — Buffalo will still have some harsh winters, too. If Buffalo, Detroit, Pittsburgh, and other cities succeed in their climate-resilience agendas, they will grow, attracting residents from more at-risk areas of the country.

Persons: Tesla, Byron Brown, Redfin, Matthew E, Kahn Organizations: Los Angeles, Fortune, Sun, National Oceanic, Atmospheric Administration, Association of Environmental, Federal Emergency Management Agency, FBI, Street Foundation, Pittsburgh, The New York Times, University of Southern, Hoover Institution Locations: America, West, Midwest, Dallas, Houston, Atlanta, Buffalo , New York, Detroit, USA, Florida, California, South, Baltimore, Cincinnati, Phoenix, Angeles County, Miami, Dade County, Lake Erie, Buffalo, Duluth , Minnesota, Grand Rapids , Michigan, Chicago, Northern, Pittsburgh, Rust, Los Angeles, University of Southern California

☆ 10 smaller US cities with booming tech scenes
▼ + stars: | 2023-10-30 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +2 min

Three metros in Utah are among the mid-size cities with the most advanced tech talent. From that list, it then ranked cities by their share of tech workers with at least one of the in-demand tech skills previously identified. Cities with more to offer than just a robust tech scene scored high in where advanced tech talent is concentrating. Fayetteville, Arkansas, which ranked as the mid-size city with the second-highest concentration of advanced tech talent, has attracted tech workers seeking a more laid-back lifestyle than larger cities with a high concentration of tech talent, like Austin, Texas . Here are the top 10 mid-size cities ranked by their concentration of advanced tech workers, according to the Burning Glass Institute.

Persons: —, San, Matt Sigelman, Ann Organizations: Service, Burning Glass, Street Journal, Glass Institute, Journal . Tech Locations: Fayetteville , Arkansas, Rochester , New York, Utah, San Francisco, Seattle, Provo , Utah, Ann Arbor , Michigan, Boise City , Idaho, Salt Lake City , Utah, Austin , Texas

☆ Homebuyers must earn more than $400,000 to afford a home in the 2 priciest metro areas — and New York isn’t one of them
▼ + stars: | 2023-10-25 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

"The Bay Area has consistently been one of the most expensive markets in the country," said Daryl Fairweather, chief economist at Redfin. Why the New York metro area is low on the listMidtown Manhattan, New York, as seen from Hoboken, New Jersey. That's because the metro area goes beyond Manhattan and the city's four other boroughs, extending into nearby counties. "Even though Manhattan is really expensive, once you get to the outlying areas [in] the New York metro area, it actually becomes quite affordable," said Fairweather. Interested homebuyers in the region still need to earn six figures annually to afford a home, about $197,734, Redfin estimates.

Persons: Thomas Barwick, San, Daryl Fairweather, Gary Hershorn, Fairweather Organizations: Area, Redfin, California metros, San Diego —, New, Midtown, Corbis, Council for Community Locations: Getty, San Francisco, San Jose , California, California, Anaheim, Oakland, San Diego, New York, Midtown Manhattan , New York, Hoboken , New Jersey, Manhattan, U.S

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