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Amazon's HQ2's Potential To Transform A Housing Market - Real Estate and Land Use News

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Real Estate and Land Use News


Posted on: Oct 24, 2018

From Forbes:

Here’s Amazon’s HQ2’s potential impact on the winning city’s real estate market according to Realtor.com. Jeff Bezos has promised to announce which U.S. city will be home to Amazon’s HQ2, by the end of the year. As Realtor.com sees it, the location Amazon chooses will impact the local housing market there for years.

“Some of the areas in the running have changed over the last year. Secondary markets including Pittsburgh, Columbus and Indianapolis have gotten hotter," explains Javier Vivas, director of economic research at Realtor.com. “We’ve seen prices rise and inventory shrink as they heat up,” Vivas adds.

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