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| Windham is now among the top five 'Hottest Zip Codes in America' for home sales according to a report issued this week by Realtor.com®. COURTESY PHOTO |
In the top 10 ZIPs, homes sold in just over a week (eight days) and received nearly four times (3.7) more buyer views than a typical U.S. listing.
A key theme of this year’s ranking is demand from out-of-ZIP home shoppers, driven by factors including relative affordability and convenient travel to bigger economic and population centers.
The 2022 Hottest ZIP Codes in America, in rank order, are:
* 14618 Brighton, New York
* 03062 Nashua, New Hampshire
* 43085 Worthington, Ohio
* 03038 Derry, New Hampshire
* 04062 Windham, Maine
“Windham has grown so much. I remember saying to my business partner about 10 years ago, 'just wait and see, Windham is the next hotspot.' I could tell by watching the other local markets spill over into this area. Windham has a very tight community between the residents and businesses who care about each other, said Lisa DiBiase, co-owner and broker of Landing Real Estate with Matt DiBiase.
She said that Windham has something to appeal to almost everyone.
"Windham has so much to offer with lakes of all sizes for everyone including a downtown area with a ton of locally owned shops mixed with large shopping, restaurants, annual Summerfest, golfing nearby. What’s not to love!” Lisa DiBiase said.
With rising inflation and mortgage rates squeezing monthly housing budgets, this year’s determined buyers are breathing new life into competition for homes in these top 10 ZIPs, said Danielle Hale, Chief Economist for Realtor.com®.
"Our 2022 Hottest ZIPs ranking illustrates how many Americans are redefining their priorities to achieve homeownership while building their careers, by trading downtown life for relatively affordable areas with reasonable part-time commutes to big cities,” Hale said.
The top 10 attract home shoppers from big cities on the East Coast.
Many of the top 10’s new entries are attracting home shoppers looking to relocate from high-priced big cities on the East Coast, based on migration patterns among prospective buyers viewing Realtor.com® listings. In the first half of the year, at least one big East Coast city – Boston, New York and D.C. – was among the top five sources of buyers viewing listings in all 10 of the hottest ZIPs.
Buyers in these major metros are exploring ZIPs further away than in prior years, enabled by more widespread adoption of remote work. Even for those with hybrid schedules, many of this year’s hottest ZIPs provide the perfect combination of relative housing affordability and a reasonable part-time commute to big city business hubs. From all six New England ZIPs on the list, Boston can be reached in 2.5 hours or less.
For more information contact Katrina Tokay of The Greater Portland Board of REALTORS® at Portlandrealtors2@gmail.com or 207-775-1097. <
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