Lucky Seven: The USA’s Seven Hottest Housing Markets in 2017

Home ownership can be a gamble. Forces beyond your control can have a strong effect on the value of your home. Economic trends, climate change, corporate relocations, your neighbors; there’s a hundred possibilities that can improve or harm your home value. But that’s true of many investments, and historically real estate has been a good place to spend your investment money. Nowhere has it a better roll of the dice in 2017 than in these red hot real estate markets. In markets like these, people are increasingly turning to corporate rentals to find great high-quality housing options.

SEATTLE Corporate Housing

Seattle, Washington 

Seattle area homes have appreciated an average of 13.5% in the past year. This makes it the absolute hottest market in the nation. There’s not a lot of land for building, which make existing homes that much more valuable. The median single-family home value is a mind boggling $730,000. The housing market in Seattle was list this high in 2006. It experienced the bubble in 2012, and since have increased 79%, more than 20% above the 2006 high. Incomes aren’t rising as fast as home prices, but a relatively low 4.4% unemployment rate also helps.

Portland and Mount Hood Panorama. Portland, Oregon, USA.

Portland, Oregon

In 2017, Portland is growing by 111 people every day. Like other cities, there’s a shortage of housing, especially near town. New home supply is only meeting half the demand here, resulting in a 5.2% rise in home values. It should be noted that that’s 11% less than the meteoric 16% rise in 2016, and that the market is cooling slightly; it’s still plenty hot enough to make our list.

Salt Lake City, Utah

Salt Lake City-Ogden-Provo

The “next Silicon Valley” of Salt Lake and outlying communities of Ogden and Provo are growing fast. New tech startups, relocating companies, and stalwarts Marriott and Delta are pushing growth that has led to buyer bidding wars and offers of 20-25% above home values. Predicted sales and price growth are expected to top 4.5% in 2018. Ogden, 40 miles north, is expected to grow at 4.7%, while Provo will grow at a predicted 4.3%.

silicon valley, 3D rendering, blue street sign

San Jose/Sunnyvale/Santa Clara

The original Silicon Valley is here, too. Good luck finding a home to buy; 99.77% of all homes are off-market, most in the nation. Median prices here top $1 million, and with well heeled investors buying what little is available, less than 6% of homes in the area have declined in price this year.

San Francisco

San Francisco

The median price of a single-family home in San Francisco is at an all time high of 1.6 million dollars in October 2017, and at $900,000 for 2017. However, this reflected a large number of luxury home sales, while condos and smaller homes have risen less quickly and made up more of the market this year. Nevertheless, home values rose 4.7% in this slowing but still white-hot housing market.

Dallas City

Dallas/Fort Worth, Texas

A strong economy, low unemployment, and room for growth have put the metroplex on the hottest housing market list. Low corporate taxes and cost of living have resulted in more corporate headquarters here than anywhere else in the nation. Sales growth is predicted at 6%, and price growth at 5.6%, while the median home goes for $339,300. 2018 should again be a banner year for the Dallas/Fort Worth housing market.

nshvile-tn

Nashville, Tennessee

List prices have risen 89% in five years. Prices have soared 10.8% this year. Homes are selling overnight with multiple offers. A fast-growing health care sector and lower costs of living are partly fueling an influx of residents. The expected growth rate for 2018 is 7.7%, meaning Nashville’s tune will be a happy one for home owners and builders for at least the year to come.

Need a Short-Term Rental in a Hot market?

Relocating staff, project tech workers, traveling professors, travel nurses and health care professionals needing temporary housing have been turning to CHBO for outstanding corporate rental options. In hot markets like these, when buying isn’t an option, renting a high quality corporate short-term rental is a great option, allowing you to delay buying until you get the “lay of the land”, or to find temporary housing that feels like home for an extended assignment. Search for your ideal furnished housing option today, or call CHBO toll free at 877.333.2426 for five-star support!

Property Spotlight: A Salt Lake City Trio of Temporary Furnished Apartments

Those seeking short-term housing in Utah’s capital, Salt Lake City, should check out these sweet accommodations in the city’s upscale Sugar House area. All three are managed by the same outstanding owner, Rhonda, who gets great reviews!

Utah: A World of Difference

Utah is a remarkably diverse natural playground.  With sixty national parks within a few hours and the Wasatch Mountains just forty minutes away, there’s nowhere else you can see the forty square miles of salt flats at Bonneville, ski powdery mountain slopes, and gape at the red rocks of Arches State Park that remind you of Mars.  Some have described a trip to Big Cottonwood Canyon in the Uintah-Wasatch-Cache National Forest as seeing heaven, in the form of tall pines and mountains over a carpet of wildflowers.

Locally, these houses are a few minutes from Sugarhouse Park, where you can hike, bike, feed the ducks, and even sled in winter. Red Butte Garden in the foothills contains hundreds of acres of natural gardens and walking paths. It’s joined by the Natural History Museum of Utah, and not far from the Hogle Zoo, two fantastic nearby chances for fun and education you can visit with the Salt Lake Connect Pass; more information is available at Salt Lake’s tourism website.  Public transport is increasingly offered and the UTA train has a stop not far from Sugarhouse that connects to main areas of the city. Sports fans can catch the NBA’s Utah Jazz or Real Salt Lake of the MLS.  Salt Lake is a haven for skiers, and from Sugarhouse you’re an hour or less from the slopes. Feel free to work up an appetite because the food is as diverse and amazing as the natural wonders. Cuisines from all over the world pair with nightlife in the city to whet your appetite.

Salt Lake City Counsil Hall With Warm Evening Light, Utah

The service economy is thriving in Salt Lake City and its bright future includes such major employers as CR England, Sun Products, Maverik Inc., Salt Lake Community College, Autoliv Inflators, Century Link, Car Doctor, not forgetting Brigham Young University and Utah Valley Regional Medical Center in nearby Provo.  This area is popular with and medical professionals because near Sugarhouse there are lots of great healthcare providers like the University of Utah Hospital and Research Park, the Primary Children’s Hospital, Salt Lake Regional Medical Center, Intermountain Medical Center, Veterans Hospital, St. Marks Hospital. The medical industry and economy here is thriving, and as the influx of residents both temporary and permanent continue, it’s clear that Salt Lake will continue to be one of the fastest growing economies in the nation.

Three Top Class Apartments in the City

 All three apartments are in the Graystone Community of Sugarhouse, so if you’re looking for temporary housing for a group of employees on a project, this is a perfect solution.

Corporate Housing

The first property is a fully furnished one bedroom, one bath street level unit of six hundred square feet.  Carpeted throughout, there’s a spacious living room with a love seat, chair, and ottoman with a view on a big screen LCD TV with cable and an Apple TV hookup. A kitchen luxuriously appointed with granite counters offers an electric stove, microwave, refrigerator and dishwasher amidst all the needed cooking utensils and supplies.  The master suite consists of a queen bed and ample storage with a nightstand and dresser; there’s an in-room office breakout area as well with a full desk and chair joining a file cabinet. Convenient curb side parking makes access easy. You can even store skis or a bicycle in the garage. The owners reside on the property above; so any needs will be attended to promptly and professionally.

Furnished housing

A Dynamic Duo in Sugarhouse

The second furnished apartment is one of the two halves of a duplex about a mile and a half away, just south of the I-80 highway but also in Sugarhouse. The Sugarhouse Park and Parleys Historic Nature Park along with The Country Club Golf range are in-between. A green, tranquil neighborhood plays host to this nine hundred square foot street level brick home. Elegantly appointed with wood laminate floors softened by throw rugs, the living room has a large sofa and two chairs with ottomans and an HDTV with basic cable and Apple TV. Three or four guests can dine in the spacious eat-in kitchen that offers all modern appliances and equipment. Enjoy an evening beverage or morning tea on this properties private patio. This larger property has its own dedicated office with a large desk and chair, a file cabinet and a bookcase, along with Wi-Fi to keep you connected and productive. A Queen bed graces the master bedroom here, as does a master bath with a tub and shower combo. Laundry is easy thanks to a stackable washer and dryer.

Furnished Apartments

Last but not least, the third outstanding property is a one bedroom, one bath private fully furnished flat connected as the below street level half of the duplex. Accessed via the kitchen, it shares the utilities of the building but has its own electric fireplace in the living room. Among the perks of its nine hundred square foot layout, a leather sofa and armchair around a 35” flat screen TV showing basic cable and another Apple TV hookup plus high speed wireless internet. This apartment also has an eat-in kitchen with a dining table for four and a kitchen that includes a dishwasher and all you need for gourmet meals.

You’ve also got a full office with desk and chair, and a master bedroom with queen bed and multiple nightstands along with a dresser for ample storage.

The full bathroom has a shower. Like its twin, ski and bike storage is available in the garage, and parking is on-street adjacent to the home.

Hurry to book one or all of these fabulous Salt Lake City furnished properties by calling Rhonda at +1 (801) 573-8762 today.

Property Spotlight: Enjoy History by the Harbor in this Beautiful Boston Corporate Rental in Quincy, Massachusetts

As Boston’s immediate suburb to the south, Quincy is an important part of the city’s history. Named for the great grandfather of John Adams, America’s second president, it’s also the birthplace of his son and sixth President John Quincy Adams, plus patriot John Hancock, the first signer of the Declaration of Independence. Today’s spotlight focuses on a great home just twenty-five minutes from the heart of Boston and forty-five from Providence, RI.

Step into a Newly Renovated Historic Furnished Home

This fully furnished two bedroom, one and a half bath executive rental home is in Squantum, an original Irish neighborhood. Stunningly updated to meet the high standards of corporate tenants, and not far from the harbor at Quincy Bay, this colonial features a two-car detached garage and plenty of off street parking for guests. Central air keeps the climate just right. The main living space in this 1,400 square foot gem combines kitchen, dining, and living room into a large open space. A huge kitchen island of granite counters and three barstools divides the space and provides extra seating and workspace. A gleaming white kitchen is appointed with a stainless steel gas range and refrigerator, cabinet mounted microwave, and all the small appliances and cooking utensils you need. Pair your meal with a glass of wine from the wine bar and enjoy them both at the antique solid wood dining room table that seats six.

The living room offers a leather sectional sofa, work desk, and huge LCD TV with Xfinity HD including movie channels, and high speed Wi-Fi throughout the home for streaming. Moving back across the hardwood floors, the stairs up lead you to the bedrooms, where a full bath on the corridor with double sinks and a step in shower/tub combo highlight. Big, comfy king beds can be found along with walk-in closets, just take your pick of these rooms. You’ll love the ocean and the Boston skyline views here. For additional fees, concierge services, grocery shopping, and maid service can be added. All that saved time can be used to check out Beantown and all it has to offer from this beautiful nearby furnished home in Quincy.

Boston Skyline and Custom House from East Boston, Massachusetts, USA

Executive Rental + Rich History = A Great Experience

 History is everywhere here. Quincy offers Adams National Historic Park, the Quincy Homestead and Historical Society. Naval history can be found at the USS Salem or Naval Shipbuilding Museum. In the bay you can explore Peddocks Island, home to Fort Andrews or Fort Revere in Hull. The Marina Bay Ferry takes you to and from Boston. There, in South Boston, you’ll find UMass and the JFK Presidential Museum.  In the city you can walk the Freedom Trail, a self guided tour of American Revolution sites. Historic North End is Boston’s oldest neighborhood, full of cobblestone streets and amazing family restaurants. Shop at Faneuil Hall or Quincy Market, see a Red Sox game at Fenway or the Celtics at TD Garden.

 

First Parish Church And Tourists In Harvard Yard

A Reputation for High Tech and Higher Education

Boston’s legendary universities have led to brilliant graduates starting businesses in and around the area. Harvard, Tufts, MIT, Boston University, UMass, and Boston College are well known for their academic prowess, and their graduate entrepreneurs are leading a tech revolution here.  EzCater, NuTonomy, Indigo, Catalant, and Disruptor Beam are all tech startups in this hot market. Established tech giants include Amazon, Apple, Cisco, Facebook, GE, and Google.  Quincy itself also boasts two top colleges: Eastern Nazarene College and Quincy College are both longtime denizens. For travel nurses, this corporate rental is near Carney Hospital, Arbour Hospital and Boston Children’s Hospital, among several others.

New to the market, this CHBO Certified property won’t be available long. Call the owner, Antonio, at +1 (857) 829-2345 or email them today to make sure you get the best possible in furnished housing during your stay in Massachusetts.