The 15 American cities where competition to buy a home is fiercest right now
|01/17/2019||Posted by BusinessMediaguide.Com under General World News||
- The US housing market is finally starting to cool off, but competition among buyers is still fierce in some cities.
- Those in the best position to buy a home typically have mortgage financing in place, a credit score above 680, and a down payment above 15%.
- But many markets, like San Francisco and San Jose, have an oversaturation of these buyers, leading to heightened competition.
It may get easier for some Americans to buy a home this year as prices finally level off, but several markets are still competitive.