Florida Dominates in Single-Family Markets

Sharga says the housing recovery and outlook “continue to be very regional.”

IRVINE, CA—Four of the top five metro areas for single-family housing are in Florida. Home to Orlando, Palm Beach County, Fort Lauderdale and Tampa, the Sunshine State was whalloped when the housing bubble burst, as evinced by its dominance in the rankings.

‘While most of the cities at the top of the list share common traits like job growth, population growth and economic expansion, many of the cities showing the greatest potential were among those hardest hit during the Great Recession,” says Rick Sharga, EVP with Ten-X. “The top 20 cities in our report include many that were devastated during the foreclosure crisis—especially in states like Florida—and as home prices continue to recover, they still represent buying opportunities for homeowners and investors alike.”