"More homes means fewer viewers per home, and more time on market, which results in a very cool hotness reading," explains Hannah Jones, Realtor.com senior economic research analyst.
"As mortgage rates remain relatively high, many West-region buyers cannot contend with the area's prices, which results in more inventory, a slower market pace, and a cooler hotness score," Jones says.
"Manchester touts a trifecta of features that make it attractive to homebuyers: This small Northeastern city is an hour from a large metro (Boston); it boasts a relatively affordable median home price of $563,000..."
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