Online real estate site Zillow released a study on Friday that listed the markets for sellers and buyers in the United States.
Stan Humphries, Zillow's chief economist said the lists show an east/west divide.
Most of the best markets for sellers, says Humphries, are on the West Coast. Markets like San Jose, San Francisco and Seattle top the list. Most of the cities that favor buyers are in the east and midwest.
"Markets like Providence, Cleveland and Philadelphia. And it’s not necessarily by historical standards that they’re bad markets," Humphries said.
He said home prices in many of the buyers' markets haven’t risen as sharply, but that also means that when the market slows, home prices won’t crash as hard.
"You know a lot people think realtors are really excited about this hot market, and truthfully we’re not," he said.
Hamilton said right now, buyers are offering way too much for houses. While responsible realtors advise against such irrational behavior, he said, when the market slows and prices crash, clients don’t remember.
"Everyone kinda came back and said, 'Why did you tell me to buy this?'" Hamilton said. "You know, well, if you looked back at that day, we didn’t."
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As Marketplace celebrates its 25th birthday this year, we are looking at the weird, delightful and destructive ways that prices have changed during that quarter century.
But first, let's take a ride...back to 1989.
Back then, the cheapest Accord sedan had just 98-horsepower, hand-crank windows, no AC, and retailed for $11,770.
A commercial for the popular automobile posits that maybe one day, someone will build a better car than the Accord...maybe.
Since then, improvements have been made, and the Honda Accord is currently the best-selling car in America.
But how has the price changed? And when you adjust for inflation, is it more or less expensive than back in 1989?
We checked in with Joe Ciaccia, general manager of Honda Manhattan, to see how much the car will set you back with today's prices. And as for how it compares to its 25 year old counterpart, the answer might surprise you.
Click the media player above to hear more on the surprising affect inflation has had on the Honda Accord.
Earlier this week, NASA awarded two contracts for new spaceships to commercial companies. Here's how they compare.
Lori Baker uses DNA samples to track down the loved ones of immigrants who died on their journeys. "I would love not to do this anymore, but I don't think I have it in me not to," she says.
Since the GOP retook the House, the chamber once brought the country to the brink of a debt default and once shut down the government. But in election years, including this one, there's no such drama.