According to Trulia and other real estate experts, new local markets will take the spotlight. The top 10 markets to watch in 2014 are based on strong fundamentals, such as recent job growth and longer-term economic success, as well as recent construction activity typical of vibrant markets. They are, in alphabetical order:
- Bethesda-Rockville-Frederick, MD
- Charlotte, NC-SC
- Denver, CO
- Fort Worth, TX
- Nashville, TN
- Oklahoma City, OK
- Raleigh, NC
- Salt Lake City, UT
- Seattle, WA
- Tulsa, OK
Why are so many of the high-profile markets of 2013 missing from our list? We ruled out markets that were more than a little overvalued according to our latest Bubble Watch, which eliminated most metros in Texas and coastal California. We also struck markets with a large foreclosure inventory (thanks for the data, RealtyTrac), like most of Florida. The 10 markets to watch, therefore, should have strong activity in 2014.