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Marcus & Millichap CEO Hessam Nadji argues the drastic spike in housing costs is ‘not sustainable.’
People are shifting their priorities on the subject of the place they wish to name residence amid sky-high housing costs, and that revelation performed a task in a Southern metropolis dethroning a Rocky Mountain vacation spot as the highest spot within the nation to dwell based on a brand new report.

Huntsville, Alabama, USA park and downtown cityscape at twilight. (iStock / iStock)
Huntsville, Alabama, has been ranked No. 1 on U.S. Information & World Report’s annual Greatest Locations to Stay listing for 2022-2023, toppling Boulder, Colorado, which wore the crown for the previous two years however now sits at No. 4 within the rating of the 150 largest metropolitan areas within the nation.
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The evaluation decided that Huntsville’s excessive rating for housing affordability and high quality of life pushed it to the entrance, regardless of coming in on the decrease finish of the sphere for desirability. A part of what drove town’s prime rating was its excessive index rating for air high quality, which U.S. Information added as an element for the primary time this yr.

Aerial View of Colorado Springs with Autumn Colours (iStock)
One other Colorado metropolis, Colorado Springs, got here in at No. 2 on the listing, adopted by Inexperienced Bay, Wisconsin, which jumped 18 spots to No. 3 resulting from its affordability. San Jose, California, took the No. 5 spot, leaping 31 spots from final yr’s rankings, resulting from its prime quality of life rating.
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“A lot of the shakeup we see on the prime of this yr’s rating is a results of altering preferences,” mentioned Devon Thorsby, actual property editor at U.S. Information. “Folks transferring throughout the nation right now are placing extra emphasis on affordability and high quality of life than on the job market, which in some ways takes a again seat as distant work choices have develop into extra customary.”

Downtown Raleigh, North Carolina, USA Drone Skyline Aerial. (iStock / iStock)
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Rounding out the highest ten, Raleigh and Durham, North Carolina, ranked No. 6 this yr, following by Fayetteville, Arkansas, at No. 7; Portland, Maine, at No. 8; Sarasota, Florida, at No. 9; and San Francisco, California, at No. 10.
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