Lee Honish | Honishreport

visit our sponsor www.everhome.ioHome prices are rising faster in the middle of the U.S. as Covid drives people away from coasts Points:1.Smaller metropolitan markets like Indianapolis, Kansas City, Boise, Austin, Cleveland, Cincinnati, Memphis and Pittsburgh are seeing some of the strongest price gains in the nation.a.Is there an exodus from higher price marketsb.Can this effect Prices in those cities2.Prices in those cities are now at least 10% higher compared with a year ago.a.Where is the cap on affordability now in outlying communities and citiesb.What effect will the new president have3.Nationally, home prices rose a remarkable 8.4% in October from a year earlier on the S&P Case Shiller Index. That’s up from a 7% gain in September and is the largest one-month move in over a decade.a.General Affordability