Latest news with #Northeasterners
Yahoo
2 days ago
- Business
- Yahoo
Florida's housing market was once red-hot. Now it's one of the coldest in the country.
The Sun Belt's housing market is cooling as Northern markets heat up, according to Bankrate. Cost of living increases, like home insurance, in Southern states make them less affordable. Some cities in Florida that were the hottest markets two years ago are now some of the coldest. During the pandemic, Southern housing markets — especially Florida's — boomed as record numbers of people moved to the region for its lower cost of living and relatively affordable homes. However, Bankrate's 2025 Housing Heat Index shows that the trend is now reversing. Jeff Ostrowski, Bankrate's housing market analyst, told Business Insider that the Sun Belt has lost its edge as buyer demand fades and home sellers slash prices. "During the pandemic, Northeasterners were fleeing for the Sun Belt, but that trend has slowed and even reversed," Ostrowski said, adding that in the North, "there's just not a lot of inventory, and with limited choices, buyers are bidding up prices." The research team at Bankrate analyzed 212 metros in the US, considering factors such as the year-over-year appreciation of home values — the most heavily weighted factor at 40% — along with employment levels, job growth, population trends, homes listed for sale, and typical selling times. According to Bankrate's index, the Northeast had a strong showing at the top, with three of the top five hottest markets. This is a stark contrast to the 2023 rankings, in which the hottest markets were largely Southern cities. The New Haven-Milford metropolitan area of Connecticut, for example, found its way to the top five in this year's ranking but was ranked 82nd in 2023. On the other end of the spectrum, Florida dominated the coolest markets, taking four of the bottom five spots. Home prices are increasing all over the country, but in Florida, where home insurance and property taxes are increasing as well, homeowners are feeling even more crunched — and prospective homebuyers would rather wait it out instead of buying. According to Bankrate's ranking, the North Port-Sarasota-Bradenton metro in Florida was one of the hottest in the country in 2023, landing in the top five. However, this year, it's in the bottom five. "I visited a number of open houses in that market a few months ago, and I saw a lot of lonely listing agents sitting in kitchens and waiting for buyers to come through," Ostrowski said. Here are the five hottest and five coldest markets in the US, according to Bankrate. Median home-sale prices are from and population estimates come from the US Census Bureau. The hottest markets in the US 5. York-Hanover, Pennsylvania Population: 471,240 Unemployment overall rank: 79 One-year appreciation rank: 17 Active listings overall rank: 36 Median sale price: $265,650 4. Charleston-North Charleston, South Carolina Population: 869,940 Unemployment overall rank: 51 One-year appreciation rank: 41 Active listings overall rank: 177 Median sale price: $453,413 3. Norwich-New London, Connecticut Population: 282,602 Unemployment overall rank: 57 One-year appreciation rank: 5 Active listings overall rank: 23 Median sale price: $373,667 2. Rockford, Illinois Population: 337,103 Unemployment overall rank: 148 One-year appreciation rank: 2 Active listings overall rank: 6 Median sale price: $160,000 1. New Haven-Milford, Connecticut Population: 576,718 Unemployment overall rank: 91 One-year appreciation rank: 1 Active listings overall rank: 15 Median sale price: $368,333 The coldest markets in the US 5. Naples-Marco Island, Florida Population: 416,233 Unemployment overall rank: 91 One-year appreciation rank: 150 Active listings overall rank: 211 Median sale price: $556,258 4. Shreveport-Bossier City, Louisiana Population: 383,269 Unemployment overall rank: 134 One-year appreciation rank: 210 Active listings overall rank: 158 Median sale price: $175,986 3. North Port-Sarasota-Bradenton, Florida Population: 934,956 Unemployment overall rank: 68 One-year appreciation rank: 211 Active listings overall rank: 208 Median sale price: $413,856 2. Punta Gorda, Florida Population: 212,122 Unemployment overall rank: 165 One-year appreciation rank: 207 Active listings overall rank: 212 Median sale price: $351,083 1. Cape Coral-Fort Myers, Florida Population: 860,959 Unemployment overall rank: 107 One-year appreciation rank: 212 Active listings overall rank: 210 Median sale price: $348,259 Read the original article on Business Insider Sign in to access your portfolio
Yahoo
2 days ago
- Business
- Yahoo
Florida's housing market was once red-hot. Now it's one of the coldest in the country.
The Sun Belt's housing market is cooling as Northern markets heat up, according to Bankrate. Cost of living increases, like home insurance, in Southern states make them less affordable. Some cities in Florida that were the hottest markets two years ago are now some of the coldest. During the pandemic, Southern housing markets — especially Florida's — boomed as record numbers of people moved to the region for its lower cost of living and relatively affordable homes. However, Bankrate's 2025 Housing Heat Index shows that the trend is now reversing. Jeff Ostrowski, Bankrate's housing market analyst, told Business Insider that the Sun Belt has lost its edge as buyer demand fades and home sellers slash prices. "During the pandemic, Northeasterners were fleeing for the Sun Belt, but that trend has slowed and even reversed," Ostrowski said, adding that in the North, "there's just not a lot of inventory, and with limited choices, buyers are bidding up prices." The research team at Bankrate analyzed 212 metros in the US, considering factors such as the year-over-year appreciation of home values — the most heavily weighted factor at 40% — along with employment levels, job growth, population trends, homes listed for sale, and typical selling times. According to Bankrate's index, the Northeast had a strong showing at the top, with three of the top five hottest markets. This is a stark contrast to the 2023 rankings, in which the hottest markets were largely Southern cities. The New Haven-Milford metropolitan area of Connecticut, for example, found its way to the top five in this year's ranking but was ranked 82nd in 2023. On the other end of the spectrum, Florida dominated the coolest markets, taking four of the bottom five spots. Home prices are increasing all over the country, but in Florida, where home insurance and property taxes are increasing as well, homeowners are feeling even more crunched — and prospective homebuyers would rather wait it out instead of buying. According to Bankrate's ranking, the North Port-Sarasota-Bradenton metro in Florida was one of the hottest in the country in 2023, landing in the top five. However, this year, it's in the bottom five. "I visited a number of open houses in that market a few months ago, and I saw a lot of lonely listing agents sitting in kitchens and waiting for buyers to come through," Ostrowski said. Here are the five hottest and five coldest markets in the US, according to Bankrate. Median home-sale prices are from and population estimates come from the US Census Bureau. The hottest markets in the US 5. York-Hanover, Pennsylvania Population: 471,240 Unemployment overall rank: 79 One-year appreciation rank: 17 Active listings overall rank: 36 Median sale price: $265,650 4. Charleston-North Charleston, South Carolina Population: 869,940 Unemployment overall rank: 51 One-year appreciation rank: 41 Active listings overall rank: 177 Median sale price: $453,413 3. Norwich-New London, Connecticut Population: 282,602 Unemployment overall rank: 57 One-year appreciation rank: 5 Active listings overall rank: 23 Median sale price: $373,667 2. Rockford, Illinois Population: 337,103 Unemployment overall rank: 148 One-year appreciation rank: 2 Active listings overall rank: 6 Median sale price: $160,000 1. New Haven-Milford, Connecticut Population: 576,718 Unemployment overall rank: 91 One-year appreciation rank: 1 Active listings overall rank: 15 Median sale price: $368,333 The coldest markets in the US 5. Naples-Marco Island, Florida Population: 416,233 Unemployment overall rank: 91 One-year appreciation rank: 150 Active listings overall rank: 211 Median sale price: $556,258 4. Shreveport-Bossier City, Louisiana Population: 383,269 Unemployment overall rank: 134 One-year appreciation rank: 210 Active listings overall rank: 158 Median sale price: $175,986 3. North Port-Sarasota-Bradenton, Florida Population: 934,956 Unemployment overall rank: 68 One-year appreciation rank: 211 Active listings overall rank: 208 Median sale price: $413,856 2. Punta Gorda, Florida Population: 212,122 Unemployment overall rank: 165 One-year appreciation rank: 207 Active listings overall rank: 212 Median sale price: $351,083 1. Cape Coral-Fort Myers, Florida Population: 860,959 Unemployment overall rank: 107 One-year appreciation rank: 212 Active listings overall rank: 210 Median sale price: $348,259 Read the original article on Business Insider Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
3 days ago
- Business
- Business Insider
Florida's housing market was once red-hot. Now it's one of the coldest in the country.
Jeff Ostrowski, Bankrate's housing market analyst, told Business Insider that the Sun Belt has lost its edge as buyer demand fades and home sellers slash prices. "During the pandemic, Northeasterners were fleeing for the Sun Belt, but that trend has slowed and even reversed," Ostrowski said, adding that in the North, "there's just not a lot of inventory, and with limited choices, buyers are bidding up prices." The research team at Bankrate analyzed 212 metros in the US, considering factors such as the year-over-year appreciation of home values — the most heavily weighted factor at 40% — along with employment levels, job growth, population trends, homes listed for sale, and typical selling times. According to Bankrate's index, the Northeast had a strong showing at the top, with three of the top five hottest markets. This is a stark contrast to the 2023 rankings, in which the hottest markets were largely Southern cities. The New Haven-Milford metropolitan area of Connecticut, for example, found its way to the top five in this year's ranking but was ranked 82nd in 2023. On the other end of the spectrum, Florida dominated the coolest markets, taking four of the bottom five spots. Home prices are increasing all over the country, but in Florida, where home insurance and property taxes are increasing as well, homeowners are feeling even more crunched — and prospective homebuyers would rather wait it out instead of buying. According to Bankrate's ranking, the North Port-Sarasota-Bradenton metro in Florida was one of the hottest in the country in 2023, landing in the top five. However, this year, it's in the bottom five. "I visited a number of open houses in that market a few months ago, and I saw a lot of lonely listing agents sitting in kitchens and waiting for buyers to come through," Ostrowski said. Here are the five hottest and five coldest markets in the US, according to Bankrate. Median home-sale prices are from and population estimates come from the US Census Bureau. 5. York-Hanover, Pennsylvania York, located about 20 miles from Pennsylvania's border with Maryland, ranked fifth on the list for access to quality healthcare. Its many historic buildings — including where Congress adopted the Articles of Confederation, or the original constitution of the US — are another 454,605Share of population that is over 65: 17.5%Median monthly mortgage cost: $965Median monthly rent: $1,025 4. Charleston-North Charleston, South Carolina South Carolina's largest city, Charleston, is worth a visit, but you're not doing the state justice if that's the only place you educating yourself about the city's central role in the transatlantic slave trade at one of the many museums and trying some famous barbecue, get out and see the rest of the state.I suggest visiting Table Rock State Park, which is nestled along the edge of the Blue Ridge check out Congaree National Park, one of the least-visited national parks in the US. It's unique with its towering cypress trees jutting out of swamps that are best explored by canoe. 2. Rockford, Illinois Average revenue potential: $35,826Listing growth: 27.2%Occupancy rate: 56.9%Median sale price: $151,500 1. New Haven-Milford, Connecticut Population: 576,718Unemployment overall rank: 91One-year appreciation rank: 1Active listings overall rank: 15Median sale price: $368,333 The coldest markets in the US 5. Naples-Marco Island, Florida Population: 416,233Unemployment overall rank: 91One-year appreciation rank: 150Active listings overall rank: 211Median sale price: $556,258 4. Shreveport-Bossier City, Louisiana Population: 383,269Unemployment overall rank: 134One-year appreciation rank: 210Active listings overall rank: 158Median sale price: $175,986 3. North Port-Sarasota-Bradenton, Florida 2. Punta Gorda, Florida Population: 212,122Unemployment overall rank: 165One-year appreciation rank: 207Active listings overall rank: 212Median sale price: $351,083
Business Insider
3 days ago
- Business
- Business Insider
Florida's housing market was once red-hot. Now it's one of the coldest in the country.
During the pandemic, Southern housing markets — especially Florida's — boomed as record numbers of people moved to the region for its lower cost of living and relatively affordable homes. However, Bankrate's 2025 Housing Heat Index shows that the trend is now reversing. Jeff Ostrowski, Bankrate's housing market analyst, told Business Insider that the Sun Belt has lost its edge as buyer demand fades and home sellers slash prices. "During the pandemic, Northeasterners were fleeing for the Sun Belt, but that trend has slowed and even reversed," Ostrowski said, adding that in the North, "there's just not a lot of inventory, and with limited choices, buyers are bidding up prices." The research team at Bankrate analyzed 212 metros in the US, considering factors such as the year-over-year appreciation of home values — the most heavily weighted factor at 40% — along with employment levels, job growth, population trends, homes listed for sale, and typical selling times. According to Bankrate's index, the Northeast had a strong showing at the top, with three of the top five hottest markets. This is a stark contrast to the 2023 rankings, in which the hottest markets were largely Southern cities. The New Haven-Milford metropolitan area of Connecticut, for example, found its way to the top five in this year's ranking but was ranked 82nd in 2023. On the other end of the spectrum, Florida dominated the coolest markets, taking four of the bottom five spots. Home prices are increasing all over the country, but in Florida, where home insurance and property taxes are increasing as well, homeowners are feeling even more crunched — and prospective homebuyers would rather wait it out instead of buying. According to Bankrate's ranking, the North Port-Sarasota-Bradenton metro in Florida was one of the hottest in the country in 2023, landing in the top five. However, this year, it's in the bottom five. "I visited a number of open houses in that market a few months ago, and I saw a lot of lonely listing agents sitting in kitchens and waiting for buyers to come through," Ostrowski said. Here are the five hottest and five coldest markets in the US, according to Bankrate. Median home-sale prices are from and population estimates come from the US Census Bureau.
India Today
10-06-2025
- Politics
- India Today
Racist hate after Meghalaya honeymoon murder: Northeast people demand apology
The jumping to conclusions had abominable racist rhetoric in this case. While police in Meghalaya were still investigating the murder of a man on his honeymoon and searching for his missing wife, some people had pronounced the people of the Northeast guilty. Without a shred of evidence, and defying logic, they used crass and uncivilised language for the Northeast of India and its people, who, on a regular basis, face racial discrimination. The dehumanising of the tribal people and the Northeasterners in general in a heinous murder case was a new low. After it became clear that it was the wife who had plotted the murder and carried it out with some hitmen, people from the Northeast are hitting back at the hatemongers, and seeking an cycle of racial toxicity started after the body of Raja Raghuvanshi, a man from Indore, was discovered in a gorge in the Cherrapunji area of Meghalaya and his wife, Sonam, went missing on June 2. The honeymooning couple, who reached the Northeast state on May 20, were last seen together on May the murder, many people made racial remarks against the tribes in Meghalaya and also the entire Northeast. They said travelling to Meghalaya was unsafe. Meghalaya Chief Minister Conrad Sangma said his government and the police would pursue the case as the state had been "defamed"."We will do whatever it takes. Our government and state have been defamed (even though) none of the accused are from Meghalaya," he said, according to an NDTV Confederation of Meghalaya Social Organisations (CoMSO), a prominent Shillong-based civil society group, has demanded a public apology from Sonam Raghuvanshi's family. Its chairman, Roy Kupar Synrem, criticised the family for making unfounded claims against the Meghalaya government and police, saying their remarks unfairly targeted and discredited local statements went beyond grief and bordered on deliberate misinformation. Now that the truth is emerging, they must apologise — not just to the government and police, but to every citizen of Meghalaya who was unfairly maligned," Synrem and Sonam were last seen checking out of their homestay on May 23. They got married on May 16 days of mystery, Sonam was arrested in Uttar Pradesh's Ghazipur on June 9 (Monday).The primary investigation revealed it to be an alleged case of contract killing, as the woman was having an affair with a man who was also among those REMARKS AFTER INDORE MAN'S HONEYMOON MURDERAs the case unfolded, many on social media blamed Meghalaya and the northeast for the death of posts below are being cited to just give a sample of the hatred and racial bigotry. There are some which are far worse."NE is full of ooga booga jungalees, never visit there. Normies who fall for sweet NE propaganda end up getting f$@#*d like this. Only exception is Arunachal and Sikkim," wrote one person."That's why Northeast also faces discrimination in other parts of India. Many gangs are active in the northeast state who kill people for money," wrote another person on X, revealing how the racist mindset normalises racial went to the extreme of suggesting that the people of the region should be "eliminated"."Northeast tribals are savages, only eliminating is the solution," said another others made racist remarks and went so far as to call northeastern people "savages, cannibal and human traffickers".After Sonam's arrest, as it became clear that no one from the Northeast had anything to do with the murder of Raja Raghuvanshi, the people of the region are seeking an apology for the racist remarks against RAGHUVANSHI CASE: PEOPLE FROM NORTHEAST SEEK APOLOGY"Indore Couple Case: Just a few days back, many defamed, demeaned Northeast & Meghalaya specifically after the couple went missing. Later the husband's body was found," shared a person from Northeast on listed how the state, which is a tourist destination because of the living root bridges, the colonial charm of Shillong, and the scenic beauty of places like Cherrapunji and Mawsynram, had been defamed for being unsafe and for "tantric magic". They demanded an apology."Unsafe, Tantric Magic, Locals being dangerous, and what not? All such commentators today must apologise. This not only hampered the Northeast's image but also the tourism economy as a whole. Sonam (wife) hired three assailants to kill her husband during their honeymoon in Meghalaya's Sohra."advertisementOthers said it wasn't just Meghalaya, but other Northeast states were also villified."Not just Meghalaya, entire NE tribals were dragged in. They were calling us savages, cannibals, human traffickers and what not. Disgusting people!" shared a person on people called out knee-jerk reactions in such cases, cautioning how an entire region was at the receiving end of a hate campaign."A few days ago, many blamed the Northeast for a honeymoon tragedy in Meghalaya, calling it unsafe, even 'tantric.' Today, it turns out the wife has been arrested for her husband's murder. Let's not vilify an entire region before knowing the truth.""Everyone who blamed Meghalaya and Northeast India without knowing the truth, defamed the state, affected tourism, spread hate, owes a written apology," wrote another the government is trying to bring the Northeast region closer, and tourists are travelling there in hordes to warm hospitality, some hatemongers end up defaming an entire state and region without even waiting for any evidence. This reveals that there is a change in mindset when it comes to the Northeast region of India. A very good beginning would be to incorporate more information on the region in the school Watch
