
Surging prices and interest rates -- along with inflation and recession fears affecting millions of personal economies -- have finally turned the national housing market around and down. The National Association of Realtors says sales of existing homes fell by nearly 6% in July, continuing six months of steady decline that has the year-over-year sales pace down by just over 20%.
But there are still hot pockets. Realtor.com looked at the data to produce a list of the hottest markets by ZIP code, based on viewers per property and median days on market from January through June.
Here are the top 15 communities in the national listing service's eighth-annual Hottest ZIP Codes Report just released on Aug. 16. Interestingly, eight of the top 12 are in the Northeast, a full half in New England. And none are west of the Mississippi.
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