REAL ESTATE TOPICS...TOP 10 HOUSING MARKETS WITH HOME PRICES ABOVE PRE-CRISIS PEAKS

BECOME A CALIFORNIA REAL ESTATE AGENT...CLICK LOGO TO VIEW OUR LIVE LECTURE SCHOOL

Using data from its February 2015 U.S. Home Price Appreciation Analysis, RealtyTrac recently identified the top 10 markets that have exceeded their pre-housing crisis peaks in the last year. Probably not a big surprise is San Jose, Calif. with all its Facebook millionaires at the top of the list.

Maybe more surprising is Austin, Texas, and Denver which have both, in part, been beneficiaries of California transplants looking for a hip and happening housing market without the high prices. Rounding out the top five are Raleigh, N.C., and Nashville, Tenn., which have both seen a recent boom in home prices. RealtyTrac reports this is due to strong demand from big Buy-to-Rent operators funded by Wall Street hedge funds and private equity looking for markets where they can buy single-family homes below $200,000 and rent them to former homeowners recovering from the housing crisis and millennial renters in arr