The latest Multi-Indicator Market Index (MiMi) by Freddie Mac detailed the improvement to four-fifths of the nation’s housing markets. The analysis revealed that Dallas (1), Nashville (2), Honolulu (3), Odgen, Utah (3); and Los Angeles (5) were the top five metros. MiMi monitors and measures the stability of the nation’s housing market, as well as the housing markets of all 50 states, the District of Columbia, and the top 100 metro markets, according to Freddie Mac.
Dallas, deemed the second-hottest market by Realtor.com, was one of six Lone Star State cities included in the report. Data from a Zillow report released last month stated that Dallas had the highest year-over-year home value appreciation among the 35 largest metros across the country for the third month in a row in October. The report also mentioned that home values in Dallas have appreciated over 12 percent since 2015.
Read Full Article [Source: dsnews.com]
