Photo above is North McDowell Commons Under Construction to help meet demand
by SCOTT MANCHESTER/ARGUS-COURIER STAFF
As reported by Bloomberg Business on August 13, 2015, out of 32,000 zip codes covering all U.S. locales, Realtor.com says that Petaluma’s 94954 rises higher than the rest in their Top 50 hottest zip codes for housing ranking #17, with Melrose, MA ranking #1 (For period of Jan – June 2015). Making the list are ZIPs that are distinguished by healthy housing dynamics, strong local employment and neighborhood. It factors the time it takes properties to sell and how frequently homes are viewed in each zip code (high demand and fast moving).
The criteria for being chosen to be on their Hottest Zip code includes key trends driving housing this year including healthy local economics, job opportunities and affordability. Jonathan Smoke, chief economist for Realtor.com said in the report, “For the first-time home buyers, these communities provide great opportunities to enter the housing market, build a career, and raise a family; older generations are able to build wealth and enjoy a variety of lifestyles.” Here are the top 50
Top 50 Hottest ZIP Codes Midyear 2015 (by rank)* Rank ZIP Code Name Rank ZIP Code Name 1 02176 Melrose, Mass. 26 50010 Ames, Idaho 2 43085 Columbus, Ohio 27 20151 Chantilly, Va. 3 80122 Littleton, Colo. 28 28273 Charlotte, N.C. 4 75023 Plano, Texas 29 97214 Portland, Ore. 5 48375 Novi, Mich. 30 67212 Wichita, Kan. 6 78247 San Antonio, Texas 31 94503 American Canyon, Calif. 7 63126 Saint Louis, Mo. 32 97078 Beaverton, Ore. 8 78729 Austin, Texas 33 62629 Chatham, Ill. 9 58103 Fargo, N.D. 34 48103 Ann Arbor, Mich. 10 92010 Carlsbad, Calif. 35 95687 Vacaville, Calif. 11 94115 San Francisco, Calif. 36 80501 Longmont, Colo. 12 07028 Glen Ridge, N.J. 37 95661 Roseville, Calif. 13 37210 Nashville, Tenn. 38 03110 Bedford, N.H. 14 14625 Rochester, N.Y. 39 68701 Norfolk, Neb. 15 66214 Overland Park, Kan. 40 98112 Seattle, Wash. 16 91354 Valencia, Calif. 41 30269 Peachtree City, Ga. 17 94954 Petaluma, Calif. 42 23233 Henrico, Va. 18 59102 Billings, Mont. 43 06092 West Simsbury, Conn. 19 95008 Campbell, Calif. 44 49534 Grand Rapids, Mich. 20 80603 Brighton, Colo. 45 21042 Ellicott City, Md. 21 02048 Mansfield, Mass. 46 68144 Omaha, Neb. 22 27560 Morrisville, N.C. 47 46804 Fort Wayne, Ind. 23 14221 Buffalo, N.Y. 48 01772 Southborough, Mass. 24 93433 Grover Beach, Calif. 49 93004 Ventura, Calif. 25 40205 Louisville, Ky. 50 32792 Winter Park, Fla.