A lot of housing markets in the United States are going up right now, but there are some that experts say are about to lose a lot of value. This could be helpful to know if you’re planning a big move or trying to find a more affordable place to live.
A city that has long been one of the most expensive places to live in the country is about to have a drop, according to Ben Johnson, a real estate agent and CEO of Big Ben.
“The high cost of living, with outmigration and a trend where most tech companies are allowing some workers to work remotely, has seen San Francisco’s real estate market begin to fall,” he said. “Home values in the city could drop by an estimated 5%-10% by the close of the year.”
The current average home price is $1,299,639, a 0.3% drop from last year, according to Zillow
New York
“Like San Francisco, New York City also has seen a drop in home values due to the flexible work lifestyle imposed by the pandemic and the associated high cost of living,” Johnson said. “The rental market also gets softer, following [weaker] demand for residential property.”
The average home price in New York right now is $742,930. Johnson said that could drop 5%-8% by the end of the year.
Honolulu
Honolulu’s average home price sits at $794,253, but Johnson said that could dip 4%-6% by the end of the year.
“Honolulu’s housing market is expected to simmer down with the tourism industry — an important pillar in the local economy — remaining out of gear.”
Miami
Miami’s average home price is $579,125, which is up 8.7% since last year. However, Johnson said environmental factors could cause prices to drop 3%-5% by the end of this year.
“Miami’s housing market is threatened by overvaluation and the steadily rising sea levels, something that many property investors… view as a reason for avoiding Miami’s housing market. Further increased insurance lodging and proceedings fees because of climate change is making homes unaffordable.”
Las Vegas
“Considering how Las Vegas relies heavily on tourism and entertainment, both hit hard by the pandemic, the chances are high that home value in that area will experience a drop,” Johnson said.
Right now, the average home price sits at $422,880. Johnson said that’s expected to drop by 4%-7% by the end of the year.
Chicago
Johnson blames high property taxes, crime rates and lack of population growth for Chicago’s falling home prices. “Chicago’s housing market may see a decline as population growth stagnates and the city faces fiscal challenges.”
The average cost of a home in Chicago is $298,397. By the end of 2024, Johnson said that could fall 2%-4%.
Seattle
“Both high living costs and the shift to remote work in the tech industry are cooling Seattle’s market,” Johnson said. “Home values could drop by 3%-5% as more people choose not to live in the city.”
For reference, Seattle’s average home price right now is $884,828.
Austin, Texas
“A recent uptick in inventory and new construction projects has evened out the market between buyers and sellers and cooled off housing prices,” said Eric Preston, the CEO and founder of Agent Launch. “This trend should continue for the remainder of the year, especially with mortgage rates increasing. Home builders in Austin predict a greater number of home sales resulting from the state of the housing market.”
Preston said the median listing home price in Austin was $650,000 in May 2024, and the recent median sale price was $567,000, but that number could dip closer to $550,000 or lower by the end of the year.
St. Louis
Preston said St. Louis home prices have dropped 2.2% since last year. The city currently has a median home price of $221,000, which Preston predicts will drop to $200,000 by the end of the year.
“There are typically multiple factors as to why a market cools, but St. Louis has been experiencing an affordability crisis due to rising taxes in some municipalities.”
Washington, DC
Washington’s housing market is predicted to decrease by 10.2% for 2024, according to Preston. “A lack of buyers due to mortgage rates and economic issues are the main culprits.”
He said the median home price is $602,000, and that could drop another 3%-5% by the end of the year.
Allyn Maycumber Broker/Associate ERA Grizzard Mount Dora Florida 32757*** 407-467-3862
In 2018, Nevada opened up a section of the East Walker River that had been closed to the public for 125 years. After the state of Nevada purchased the river’s water rights, the surrounding land was gifted by the Walker Basin Conservancy, and the Walker River State Recreation Area was born. Called a “lush, pristine river corridor” by a park ranger, Walker River is perfect for anyone looking to escape the dry desert of Nevada. Rainbow, brown, and cutthroat trout can be caught on a fly line in a section of the park called the “Elbow” and there are several boat launches for paddlers looking to enjoy the area’s beautiful scenery.
Wolf Den Run State Park, Maryland
Purchased in 2017 by the state of Maryland, Wolf Den Run isn’t your average state park. The parcel of land, which includes varied terrain of mixed forest, rocky bluffs, and trout streams, was once used for coal mining on the West Virginia border. It also includes nearly three miles of riverfrontage on the Potomac’s North Branch. In addition to the traditional state park offerings such as fishing, hiking, and horseback riding, Wolf Den Run has recently become the only Maryland state park to offer access to off-road vehicles (ORVs). As of July 2019, ORV enthusiasts can enjoy 12.5 miles of rocky, bumpy, and wet terrain in the Huckleberry Rocks area of the park, although reservations and a small fee are required.
Nisqually State Park, Washington
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As the newest Washington state park, Nisqually State Park has been in the works for nearly three decades. Although the park’s acreage was originally acquired in the 1990s, the state lacked the funds to build infrastructure. But after a recent increase in the state’s construction budget, Nisqually is officially the newest full-service Washington state park. The land’s historical and cultural significance to the Nisqually Indian Tribe has resulted in a state-tribal partnership — allowing for both entities to play roles in park management. Plus, the land’s unique location along the Nisqually River — with headwaters located in the nearby Mount Rainer National Park — makes it a prime location for adventure and nature enthusiasts.
Taconic Mountains Ramble State Park, Vermont
Vermont’s newest state park was originally envisioned by Carson “Kit” Davidson, who gifted 204 acres of land to the Vermont Department of Forests, Parks, and Recreation. An author and documentary filmmaker, Carson’s passion for conservation was the motivation behind building Taconic Mountains Ramble during his lifetime. The land includes meadows of wildflowers, numerous trails, and a pristine Japanese Garden built by Davidson himself. When he was alive, Davidson allowed the public to access his land if they obeyed three simple rules — no overnight stays, no smoking, and no fires. These three rules remain in effect under the state’s jurisdiction and although the park offers no water or facilities, it’s still a lovely place to spend an afternoon.
From Hot Market To Not: Surplus of Unsold Homes Grows Past 60% As High Costs Curb Buyer Enthusiasm
As mortgage rates remain near two-decade highs, the lion’s share of U.S. homes are lingering on the market, with over three in five listings remaining unsold for at least 30 days. This indicates the persistent slowdown in buyer activity due to escalating housing costs. According to data issued Tuesday, 61.9% of homes listed in May had not gone under contract after 30 days, an increase from 60% the previous year. According to Redfin, the rise in “stale” listings, fueled by high mortgage rates and soaring home prices, indicates a deepening challenge in the housing market as potential buyers are priced out despite what is typically a peak season for home sales.
n response, properties are accumulating mostly in regions like Texas and Florida where new constructions have bolstered supply but not demand, coupled with buyer hesitancy due to concerns over natural disasters.
In May, Dallas saw over 60% of its listings sitting idle for at least a month, a rise from 53% the previous year. Similarly, Florida metros including Fort Lauderdale, Tampa, and Jacksonville are seeing stale inventory rates of 75.5%, 68.7%, and 69.2% respectively, all showing increases from the year before.
Conversely, cities like Seattle, Las Vegas, and San Jose are seeing a decline in the proportion of homes that linger on the market. In Seattle, only 41.2% of homes remained on the market for more than 30 days, down from 50.5% a year earlier.
Las Vegas and San Jose also saw declines, with homes sitting for prolonged periods at 55.9% and 34.4% respectively, suggesting stronger market conditions or more effective absorption of new listings.
The report found that 40.1% of homes listed had not found a buyer after 60 days, mirroring the stat from the previous year while marking an increase of 27.8% observed two years earlier. That persistence suggests that while the initial 30-day listing period saw a drop-off in buyer interest, many homes continue to face challenges in attracting buyers even as they linger longer on the market.
Redfin economists note that the static nature of the 60-day stale rate, consistent in both April and May, could indicate an upcoming rise if mortgage rates continue to hold. The trend reflects a deepening normalization of longer listing durations as the new market reality, set against high borrowing costs that deter potential buyers.
On borrowing costs, the typical 30-year fixed mortgage rate remained elevated at 6.98% as of Thursday, much higher than the pandemic-era low of roughly 3% and only slightly below the two-decade peak of 7.8% reached in October 2023.
The level of borrowing cost has substantially reduced affordability, pushing many potential buyers out of the market. According to the report, the median U.S. monthly housing payment is now nearing its historical peak, falling just $30 short of the record high, further complicating the financial equation for many households considering entering the housing market.
Allyn Maycumber Broker/Associate ERA Grizzard Mount Dora Florida 32757*** 407-467-3862
Florida is a hotspot destination for travelers because of the scenery and tropical atmosphere. The bigger metropolises like Miami and Orlando are well documented and receive scores of visitors every month. However, the smaller towns hold the most appeal and charm.
These are the most picturesque small towns in Florida for different reasons. Some towns are landlocked, while others resemble the Caribbean, with white sandy beaches and clear water. These ten towns embody what Florida represents to so many people.
Siesta Key is a beautiful barrier island off of Sarasota. It’s known for its pure white quartz sand and azure-colored waters. The eight-mile island is a hub for fishing, scuba diving, and parasailing. The Siesta Key Breeze Trolley is free and offers the best way to see the island, though walking is also a great option.
Siesta Key Village is the heart of the island, where you will find shops, boutiques, and eateries. Siesta Key Oyster Bar is one of the more popular restaurants and converts to a Chicago Bear-driven sports bar on Sundays. Siesta Key is consistently ranked among the best beaches in the world and is one of the most picturesque in Florida.
Cedar Key is a barrier island in Northwest Florida known for its authentic, old Florida vibe. There are two nature refuges: Cedar Key Museum State Park and the Cedar Key National Refuge. The museum is 18 acres of preserved land with a trail leading to the salt marshes. The wildlife refuge is only accessible by boat and contains over 20,000 bird species. It provides a golden opportunity to see the unique history of the island.
The Cedar Key Fishing Pier is perfect for surf fishing and gazing at sunsets. You won’t find any chain restaurants here, which adds to the charm. Popular spots like 2nd Street Cafe and Steamers Clam Bar and Grill are among the top restaurants on the island.
Mount Dora
Located in Central Florida, Mount Dora is a charming southern town with a fascinating history. The town centers around Lake Dora and Mount Dora Lighthouse at Grantham Park. It is also known for its bustling downtown that comes alive over the weekends.
There are also historic bed and breakfast inns, like the famous Lakeside Inn. Built in 1883, it is considered Florida’s most historic bed and breakfast. The inn includes five yellow buildings and 90 rooms. The lakefront, historic buildings, and walkable downtown make Mount Dora one of the prettiest towns in Florida.
Fort Walton Beach
Known locally as FWB, Fort Walton Beach is a small country town on Okaloosa Island with white sandy beaches. In addition to the striking beaches, attractions like the Gulfarium Marine Adventure Park are popular. They host classes and tours and showcase the fragile state of marine life.
Historical sites include the Indian Temple Mound Museum and the Air Force Armament Museum. The Mound showcases Northwest Florida’s heritage from 14,000 B.C. through the 1950s C.E.. The Air Force Armament Museum includes exhibits and tours that celebrate the strong military history in the local area.
Panama City Beach
Panama City Beach, or PCB, is a party zone for Spring Breakers, but there is plenty to see and do year-round at this famous beach. Besides the miles of sugar sand beaches, St. Andrews State Park is a major draw. The park hosts multiple species of migratory birds throughout the year, and you will not want to leave once you gaze upon the emerald-green waters and pristine beaches.
The Panama City Beach Conservation Park includes 24 miles of hiking trails and a mile-long boardwalk. This is a great way to see Florida’s natural habitat and the stunning beaches for which PCB is known. The preserves and the beaches make Panama City Beach stunning and one of the state’s best beach locations.
Naples
Naples is on the Southwest coast, known for its architecture, and is a world-class, sophisticated shopping destination. These shops are located on Fifth Avenue and Third Street South downtown. The shopping ends on the beach, where outdoor cafes offer breathtaking views of the blue Gulf of Mexico.
The Naples Pier was erected in 1888 and has undergone several rebuilds due to hurricanes. It is the ideal spot to watch sunsets and surf fish. And don’t worry; there are plenty of beach hotels like La Playa Beach and Golf Resort where you can stay for a couple of days and complete the Naples experience.
Key West
Key West, the southernmost point in the continental United States, is a beach lover’s dream. Only 90 miles north of Cuba, this tiny island has a great history, including Native Americans and celebrities like Ernest Hemingway. After a day at the beach, Duval Street is party central. You will find pub crawls, costumed figures, and the famous Sloppy Joe’s Tavern here.
The Hemingway Home and Museum celebrates the life of the secluded writer with original furniture, including the six-foot wall he built around his home. Walking tours are available, which are the best way to get a feel of the island and the history that shaped it. Most tours start at the Key West Cemetary, which shows off the locals’ eclectic humor and Key West’s history.
Winter Garden
Winter Garden is a southern town in Central Florida. It is not unusual to be passed by a golf cart or bicyclist. The downtown area was designed for walking and leisurely activities. The town is only 20 minutes from Disney World and is a popular tourist lodging area.
This charming town was founded in 1908, and the citrus industry put it on the economic map. Historic Downtown is a perfect walking area filled with quaint shops like The Ancient Olive Gourmet and the Farmer’s Market. Winter Garden is perfect for those looking for a charming and scenic getaway.
St Augustine
Founded in 1565, St. Augustine is the longest continuously habited European settlement in the United States. It is a virtual time portal to the 18th century, where period actors are not uncommon to be encountered on historic St. George Street. Castillo de San Marcos is an 18th-century fort with live reenactments and exhibits.
This is definitely a walking town, and St. George Street is the center of the walking attractions. Along with bed and breakfast inns, this pedestrian-only road leads past several shops and restaurants, including the St. George Tavern, a popular spot for locals and period actors. St. Augustine is full of Old European history and architecture and offers some of the best views in Florida.
Florida is a gorgeous state. The rivers, oceans, and beaches make it one of the most pleasing states to visit. There are also centuries of history, especially in St. Augustine. These ten towns are the most picturesque, though that is a tough decision.
Whether you are looking for parties, tropical beaches, or country charm, Florida has you covered. Barrier islands like Cedar Key and Siesta Key take your breath away because of the natural scenery of old Florida. Central Florida towns like Mount Dora and Winter Garden have a different aesthetic while maintaining the Florida charm. These towns are breathtaking and have a lot of natural and historic attractions.
Allyn Maycumber Broker/Associate ERA Grizzard Mount Dora Florida 32757**** 407-467-3862
While everyone else is posting pictures of beautiful white sand stretching to meet the blue water, why not visit a black-sand beach and take some edgier photos instead? Located on the Big Island of Hawaii, Punalu’u features a long stretch of pure black sand, which is created by lava flowing into the ocean. It’s a great place to snap some out-of-the-box summer vacation photos while still getting a good dose of relaxation.
Winchester Mystery House, California
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This eclectic, meandering house might give you a case of the heebie-jeebies. The Winchester Mansion in San Jose, California, purchased by Sarah Winchester in 1886, underwent renovations for 36 years. The house eventually had over 160 rooms, 10,000 windows, and 2,000 doors (some that led to 15-foot drops). Mrs. Winchester was said to be tormented by ghosts and allegedly slept in a different room every night to keep them at bay. The house is now so well-known that a movie titled Simply Winchester about the home was released in 2018. You can tour the house for $20-$39.
Fly Geyser, Nevada
Credit: Lukas Bischoff Photograph/Shutterstock
The Fly Geyser is a manmade geyser in Nevada that’s one of the most colorful places in the U.S. A geothermic energy company drilled a test well and found geothermal boiling water that reached 200 degrees Fahrenheit. The well was re-sealed but didn’t hold — creating a geyser spewing water into the air. Fly Geyser has only continued to grow during the last several decades and the thermophilic algae on its exterior adds to its strange appearance. Though it’s located on private property, three-hour guided walking tours of Fly Geyser and its surrounding environment are offered throughout the year on select days of the week.
Dog Park Bark Inn, Idaho
Credit: Frances Conklin/Wikimedia
In Idaho, you can visit the World’s Biggest Beagle — and also sleep there. The two-bedroom bed and breakfast is filled with furniture made by chainsaw artists and guests enter from the deck on the second story. The unique hotel features WiFi, a continental breakfast, air conditioning, and more. It’s an odd place to spend the night, but is also lots of fun, especially for canine lovers.
Roosevelt Island Smallpox Hospital, New York
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Renwick Hospital on Roosevelt Island in New York treated 7,000 patients with smallpox a year in the late 1800s. The city abandoned the hospital in the 1950s, but it was then declared a city landmark in 1975. Although the hospital is not open for tours, you can still visit the ruins. To get there, take the ferry to Roosevelt Island and walk south along West Road to E Road
Salton Sea, California
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Once a thriving resort town in the 1950s and 1960s, today the Salton Sea is a barren wasteland, a collection of abandoned buildings and rusted remnants of civilization. The inland lake is found in the middle of the Colorado Desert, and while it was once a sunny paradise for frolicking families, pollution and economic woes turned it into a poisoned wasteland. With fish skeletons littering the beach, the area was abandoned. Today, Bombay Beach is home to around 250 residents, and visitors who trek here come for the apocalyptic photo opportunities, rather than glitzy resort life.
Allyn Maycumber Broker/Associate ERA Grizzard Mount Dora Florida 32757**** 407-467-3862
Once upon a time doesn’t have to be in the past. While fairytale castles may be more well-known in Europe, the U.S. is home to some spellbinding castles. Whether you’re looking for a castle with spiraling turrets or never-ending stairways; castles perched on a clifftop or hidden in a forest, the U.S. has one for you. Look at 10 of our favorite fairytale castles in the U.S. to inspire your magical travel story.
Ca’ d’Zan is a palatial Mediterranean revival estate on Sarasota Bay that was built as a winter home for American circus mogul John Ringling and his family. Its distinct exterior design features multicolored stained glass windows and intricate terra cotta friezes, tile work, and statues, as seen on its Belvedere Tower.
Ringling’s wife, Mable, oversaw the interior design of the 36,000-square-foot estate, which combines many European style elements. Among its 56 rooms are a ballroom, tap room, great hall, and service wing. The estate was completed in 1926 at the height of the Roaring Twenties and hosted some of the most glamorous social events on the Gulf Coast. Today, guests can tour the five-story mansion and other attractions on the Ringling property, including the Museum of Art, Circus Museum, and Bayfront Gardens.
If you dream of a lavish hilltop retreat, Hearst Castle will not disappoint. Designed by California’s first female architect, Julia Morgan, the complex, completed in 1947, is a showcase of luxury and excess. Nicknamed ‘La Cuesta Encantada’, Spanish for “the enchanted hill”, by its owner William Randolph Hearst, the castle is perched above the coastal town of San Simeon. The castle has an incredible 165 rooms and 123 acres of terraced gardens with fountains, pools and views galore. Built to emulate a European country home, the castle and grounds are home to Hearst’s legendary art collection.
In true fairytale fashion, Boldt Castle has a tragically romantic backstory. It was built by rags-to-riches hotelier George C. Boldt as a tribute to his wife, Louisa. It was to be the summer home of their dreams, located in their beloved Thousand Islands region, on Heart Island no less. Construction began in 1900, but four years later tragedy struck when Louisa sadly passed away. Bereft with grief, George vowed never to return to the island, and Boldt Castle lay abandoned for over seventy years. In 1977 the Thousand Islands Bridge Authority acquired the property and transformed the ruins. The castle is still fitted with period furnishing, and grounds include Italian gardens, a tower fortress, and a dovecote – once home to a collection of fancy fowl.
First built as a private residence, this medieval-style castle in the heart of the Bluegrass State (just west of Lexington) is aptly named The Kentucky Castle. It was built as a private residence, but today, it’s a luxurious hotel boasting 18 well-appointed guest rooms — including four tower suites — and amenities fit for a king, from the sprawling landscaped gardens and pool to the ornate grand hall and outdoor terrace.
Situated on over 100 acres, guests can enjoy horseback riding through the castle grounds or a visit to the farm, which is also the source of the hotel’s farm-to-table dining menu. Dinner theater, spa days, and Bourbon tastings are some of the other activities found at the castle. Castle tours are also available to those who aren’t staying on the estate.
The ruins of Bannerman Castle are the sole remaining occupant of the tiny Pollope Island on the Hudson River. Previously uninhabited, the island gained a reputation based on fanciful tales of hauntings and superstitions. Then, in 1901, Frank Bannerman, a munitions dealer, purchased the island to build a fortress for his cargo. The castle was designed to echo the medieval fortresses of Scotland, his birthplace. Equipment and ammunition of all types were stored there until Bannerman died in 1918. The castle has since been slowly crumbling into the river, fighting off storms and even a raging fire in 1969. The castle is still open seasonally for visitors willing to risk buried hazards, crumbling walls, and unknown ghosts.
For a castle fit for a king, look no further than Iolani Palace in Hawaii. King Kalākaua built the palace in 1882 to equal the majesty of European castles he had seen on his global travels. He filled it with the finest furnishings, equipped it with the latest technology, and made it his family’s home until the monarchs were overthrown in 1893. It’s the only royal palace in the entire United States. The palace has since shifted purposes several times, serving as an executive building to a new republic, a prison to an overthrown queen, and the headquarters for martial law. Today, Iolani Palace is a grand museum open for the public to walk its 7,000 square feet of wooden floors and revel in stories of days gone by.
Hammond Castle sits high on a cliff overlooking the Atlantic Ocean. Built-in 1926 by John Hays Hammond, Jr., inventor and art connoisseur, the castle served as his home and laboratory. The setting of a true European castle on the New England coast is as unexpected as it is intriguing. The castle houses Hammond’s unique collection of inventions as well as Roman, medieval, and Renaissance art. Hammond designed a gigantic pipe organ as the centerpiece for his Great Hall, which has been played by some of the greatest organists in the world. Meanwhile, the building itself has a dungeon, an armory, and even a secret passageway out of one of the many bedrooms.
For a more modern fairytale, Castello di Amorosa offers a taste of Tuscany to its visitors. Built in 1994 by Dario Sattui, a fourth-generation winemaker, the building is the only authentic medieval Tuscan castle in the USA. The castle is nestled in the hills of Napa Valley amongst 170 acres of forest. The castle has over 90 rooms purely dedicated to winemaking and wine storage across eight levels, four of which are underground. Its enormous Great Hall displays Tuscan frescoes, while outside a drawbridge, dungeon, and torture chamber leaves plenty of room for active imagination.
The romantic yet foreboding Fonthill Castle is straight out of a storybook, picked up and placed in the heart of Doylestown, Pennsylvania. The 44-room estate, touted as the “Castle for the New World,” looks just as it did 100 years ago when archaeologist Henry Mercer lived there. It was completed in 1912 in a combination of medieval, Gothic, and Byzantine architecture styles, and is filled to the brim with artifacts and antiques from Mercer’s travels, including prints, books, and pottery.
Fonthill boasts 18 fireplaces and elaborately decorated rooms featuring floor-to-ceiling tiles from Mercer’s own handcrafted collection. The castle, which is a National Historic Landmark, is now open to the public for tours and private events and is also a popular wedding venue. Other buildings on the property include an additional museum that houses more artifacts (particularly Moravian pottery and tiles), a pottery shop, and the Little Stone House.
A 15th-century Scottish-style castle might be the last thing you’d expect to find in the central Colorado town of Sedalia, but perched on a hilltop is one of the most unique structures in the country, Cherokee Castle. It was built during the 1920s by the Johnson family after purchasing and combining the Flower Homestead and the Blunt Homestead into a 3,4000-acre ranch, now called the Cherokee Ranch & Castle Foundation.
The castle houses a collection of fine art, artifacts, and memorabilia from around the world, which can be seen during the public tour. The outdoor terrace is another major draw; it provides stunning views of the Rocky Mountain peaks in the distance. Guests can also visit the castle for afternoon tea, guided wildlife watching, whiskey and wine tastings, concerts, and many other events throughout the year.
Allyn Maycumber Broker/Associate ERA Grizzard Mount Dora Florida 32757—– 407-467-3862
You don’t need to be next to an ocean to soak up a summer’s worth of beach vibes. There are more than three million inland lakes in the U.S., and even though most of those are in Alaska, that still leaves plenty of freshwater spots in the Lower 48. (Only one state, Maryland, lacks even one natural lake to call its own.) So instead of trekking to the Atlantic, the Pacific, or the Gulf of Mexico, skip the sharks, slather on the sunscreen, and find your beachy happy place at one of these alluring lakeside destinations.
Perched high in the Sierra Nevada mountains, Lake Tahoe is the highest alpine lake on the continent. Famed for its icy blue waters and dramatic mountain views, Tahoe is also home to a soft stretch of golden sand that’s a favorite with visitors. Fringed by cedars and pines, Sand Harbor State Park’s cobalt waters draw water skiers, fisherfolk and kayakers, swimmers, and scuba divers who explore the interesting rock formations in the depths of the clear waves. The park has two boat ramps, restrooms, picnic areas, a visitors center with concessions and a bar and grill, and the three-mile paved Tahoe East Shore Trail, dubbed “America’s Most Beautiful Bikeway.”
A 3,200-acre peninsula jutting into Lake Erie, Presque Isle State Park is home to the Commonwealth’s only “seashore,” and boasts several beaches where swimmers can frolic in the surf. The most secluded is Beach 11— also known as Kohler Beach. Its broad sands and shallow waters are kid-friendly, perfect for sand castles and boogie boards. There’s also a picnic pavilion, playground, and snack bar. Windsurfers and kite flyers congregate at Beach #10, and those looking for a livelier, more crowded scene will want to check out the sand volleyball courts at Beach #6.
Affectionately known as “Lake Mac,” this 30,000-acre reservoir has 100 miles of shoreline (many of them covered by white sand beaches), and is the highlight of the Lake McConaughy State Recreation Area. The lake’s cool, deep waters make it a favorite with fisherfolk, who come in search of trophy-sized walleye, catfish, and bass, and the soft sand beaches make them a favored spot for camping. Windsurfing, water skiing, archery, and hunting (in season) are also popular activities.
Residents of the Windy City know how to celebrate after shivering through Chicago’s harsh winters — and one of the world’s best beaches is waiting when the parkas come off and flip-flop season begins. Oak Street Beach’s glorious stretch of sand is separated from Lake Michigan by Lake Shore Drive, and located in the heart of the Gold Coast and within walking distance from the hotel’s along the Magnificent Mile. In addition to an ADA-accessible beach walk, you’ll find concessions, beach chairs, volleyball, and bicycle rentals, and access to the Lakefront Trail via an underpass.
When the snow melts, Buffalonians — also no stranger to winters — have their pick of beaches along Lake Erie when summer returns to western New York. Beaver Island State Park has an 18-hole golf course, a disc golf course, and an 80-slip marina. The half-mile beach features a roped-off swimming area and is accessed by a traditional boardwalk where a popular snack shack, The Sand Stand, serves up hot dogs and ice cream. For finer dining, check out the offerings at the V’Randa, especially the spicy Bloody Mary shrimp cocktail. The park features views of the Buffalo skyline, as well as Canada on the other side of the Niagara River.
Allyn Maycumber Broker/Associate ERA Grizzard Mount Dora Florida 32757—– 407-467-3862
You don’t need to be next to an ocean to soak up a summer’s worth of beach vibes. There are more than three million inland lakes in the U.S., and even though most of those are in Alaska, that still leaves plenty of freshwater spots in the Lower 48. (Only one state, Maryland, lacks even one natural lake to call its own.) So instead of trekking to the Atlantic, the Pacific, or the Gulf of Mexico, skip the sharks, slather on the sunscreen, and find your beachy happy place at one of these alluring lakeside destinations.
Perched high in the Sierra Nevada mountains, Lake Tahoe is the highest alpine lake on the continent. Famed for its icy blue waters and dramatic mountain views, Tahoe is also home to a soft stretch of golden sand that’s a favorite with visitors. Fringed by cedars and pines, Sand Harbor State Park’s cobalt waters draw water skiers, fisherfolk and kayakers, swimmers, and scuba divers who explore the interesting rock formations in the depths of the clear waves. The park has two boat ramps, restrooms, picnic areas, a visitors center with concessions and a bar and grill, and the three-mile paved Tahoe East Shore Trail, dubbed “America’s Most Beautiful Bikeway.”
A 3,200-acre peninsula jutting into Lake Erie, Presque Isle State Park is home to the Commonwealth’s only “seashore,” and boasts several beaches where swimmers can frolic in the surf. The most secluded is Beach 11— also known as Kohler Beach. Its broad sands and shallow waters are kid-friendly, perfect for sand castles and boogie boards. There’s also a picnic pavilion, playground, and snack bar. Windsurfers and kite flyers congregate at Beach #10, and those looking for a livelier, more crowded scene will want to check out the sand volleyball courts at Beach #6.
Affectionately known as “Lake Mac,” this 30,000-acre reservoir has 100 miles of shoreline (many of them covered by white sand beaches), and is the highlight of the Lake McConaughy State Recreation Area. The lake’s cool, deep waters make it a favorite with fisherfolk, who come in search of trophy-sized walleye, catfish, and bass, and the soft sand beaches make them a favored spot for camping. Windsurfing, water skiing, archery, and hunting (in season) are also popular activities.
Residents of the Windy City know how to celebrate after shivering through Chicago’s harsh winters — and one of the world’s best beaches is waiting when the parkas come off and flip-flop season begins. Oak Street Beach’s glorious stretch of sand is separated from Lake Michigan by Lake Shore Drive, and located in the heart of the Gold Coast and within walking distance from the hotel’s along the Magnificent Mile. In addition to an ADA-accessible beach walk, you’ll find concessions, beach chairs, volleyball, and bicycle rentals, and access to the Lakefront Trail via an underpass.
When the snow melts, Buffalonians — also no stranger to winters — have their pick of beaches along Lake Erie when summer returns to western New York. Beaver Island State Park has an 18-hole golf course, a disc golf course, and an 80-slip marina. The half-mile beach features a roped-off swimming area and is accessed by a traditional boardwalk where a popular snack shack, The Sand Stand, serves up hot dogs and ice cream. For finer dining, check out the offerings at the V’Randa, especially the spicy Bloody Mary shrimp cocktail. The park features views of the Buffalo skyline, as well as Canada on the other side of the Niagara River.
Allyn Maycumber Broker/Associate ERA Grizzard Mount Dora Florida 32757—– 407-467-3862
The United States is home to an abundance of unspoiled lakes, providing the perfect setting to witness breathtaking sunsets over towering alpine peaks, leisurely paddle across calm and reflective waters, and take a refreshing dip after kicking off your flip-flops. If you’re seeking to ignite your next outdoor escapade, look no further. We’ve curated an exclusive list of 10 magnificent U.S. lakes that are guaranteed to elevate your weekend getaway to a whole new level.
Jenny Lake, Wyoming
Credit:AndrewSoundarajan/iStock
Nestled at the base of Cascade Canyon in Grand Teton National Park, Jenny Lake is 423 feet deep and spans an impressive 1,191 acres. However, this glacially carved body of water isn’t just an impressive Grand Teton icon. Jenny Lake is the perfect adventure hub for hiking, backpacking, camping, boating, swimming, climbing, fishing, and even wildlife viewing.
Strap on your hiking boots and trek the lake’s namesake trail or one of the area’s popular footpaths including String Lake, Leigh Lake, Hidden Falls, or Inspiration Point – all of which are accessible from Jenny Lake’s shoreline.
Next, drop by the South Jenny Lake dock and rent a kayak or canoe to spend the afternoon cruising over the lake’s glassy waters. On your way out, don’t forget to catch a sunset at the Cascade Canyon Overlook, an incredible photo op that highlights the craggy, alpine peaks of the Teton range.
Lake Tahoe, California/Nevada
Credit: NKneidlphoto/Shutterstock
Most people consider Lake Tahoe to be a California icon, but it straddles both California and Nevada. As one of the oldest lakes in the world and the largest alpine lake in North America, it’s not surprising that this 191-square-mile natural oasis averages over 2.7 million visitors every year.
The lake is generally split between two sections, north and south. However, regardless of the side you choose, you can expect a plethora of year-round, outdoor activities. In the winter, you can take advantage of fresh powder at the Valley Alpine Meadows, an internationally acclaimed ski resort with over 6,000 skiable acres or the world-renowned Heavenly Ski Resort.
During summer months, Tahoe completely transforms into a lakeside fit for travelers looking for incredible hiking trails, bike paths, paddling potential, jet skiing, and even paddle boarding.
Lake Powell, Utah/Arizona
Credit: Johnny Adolphson/Shutterstock
Lake Powell might technically be a reservoir, but with over 2,000 miles of shoreline, it offers just as much beauty and adventure as any natural lake. Not to mention, because Lake Powell hugs the Utah and Arizona border and sits within the iconic Glen Canyon National Recreation Area, you can expect plenty of bright, sunny days allowing abundant activity all year long.
Boating is definitely the most popular activity on Lake Powell, and rightfully so. The Rainbow Bridge National Monument, one of the world’s highest natural bridges, draws the most visitation and can be easily accessed via a scenic two-hour boat ride along the lake.
However, aside from boating and paddling potential, Lake Powell is also known for its iconic Colorado River overlooks, like Horseshoe Bend, and several nearby slot canyons, like North Wash and Bullfrog Bay Canyon.
Crater Lake, Oregon
Credit:photoquest7/iStock
Looking to cliff-jump into the country’s deepest lake? We have you covered.
Oregon’s Crater Lake is just as beautiful as it is intriguing. Incredibly, the lake was created by a volcanic explosion that left a large caldera that has since filled with rain and snow. In other words, the lake’s history is reason enough to plan a visit.
Crater Lake sits within its namesake National Park, in a remote slice of southern Oregon. There are several scenic viewing areas scattered throughout the park, like the Sinnott Memorial Overlook, that offer highly accessible, jaw-dropping views of this piercing blue body of water.
Most visitors will take the 33-mile Rim Drive that encircles the lake. However, before you hop back in your car, we recommend taking advantage of one of the area’s fantastic hiking trails.
The Cleetwood Cove trail, for example, will not only take adventure-seekers to the lake’s pristine shoreline, but it also leads to a 35-foot cliff where the brave can safely leap into the sparkling waters below.
Lake Jocassee, South Carolina
Credit: digidreamgrafix/Shutterstock
Located in Devils Fork State Park, Lake Jocassee is a hand-crafted South Carolina icon that is best known for its pristine Appalachian mountain backdrop and infinite outdoor recreation potential.
This Appalachian-fed lake encompasses 7,565 acres of relatively undeveloped land, temperate rainforest, and several cascading waterfalls. Start by taking a scenic drive along the Jocassee Gorges to get acquainted with the area. Along the way, drop by the parking area for Sassafras Mountain, the highest point in the state, and take in sweeping views of the surrounding four states.
Don’t worry, after spending some time exploring by foot, there’ll be plenty of time to rent a kayak and paddle through the densely forested mountains to several crystal clear streams and waterfalls.
Lake Superior, Wisconsin/Michigan/Minnesota
Credit: Le Do/Shutterstock
Despite popular opinion, you don’t have to live on the coast to get beachside views. Lake Superior, the largest freshwater lake in the world, has a whopping 31,700 sq. miles of surface area. It’s an ocean in disguise.
One of the most popular ways to experience the dramatic landscape surrounding this mega lake is via the North Shore Scenic Drive. This stretch of highway leads to some of the most iconic, picturesque hiking trails, state parks, and overlooks in the area.
We recommend you stop to stretch your legs at Tahquamenon Falls, check out the Great Lakes Shipwreck Museum, or grab a kayak and explore Isle Royale National Park. Other major attractions include Enger Park, Mount Josephine, Split Rock Lighthouse, and Palisade Head.
Lake Chelan, Washington
Credit: Credit:jmacarthur/Shutterstock
Stunning lakes are plenty in Washington state, so it’s hard to choose just one. However, Lake Chelan is an absolute must-see for visitors to the North Cascades.
Sitting at the base of a glacier-carved valley, Lake Chelan provides the only access to Stehekin, a tiny, up-lake secluded village that can only be accessed by boat, seaplane, or on foot. To experience Stehekin, most visitors will hop on the Lady of the Lake passenger ferry and spend the day horseback riding, kayaking, biking, fishing, or hiking around this charming town.
Like previously mentioned lakes on this list, Lake Chelan offers a variety of water sports and recreation potential. So, whether you choose to trek along an accessible footpath, spend the afternoon shopping, ride a bike on the lake’s shore, or simply catch a sunset at a lakeside lodge or resort – we promise you won’t be disappointed.
Lake Clark, Alaska
Credit: Jim David/Shutterstock
Lake Clark and its namesake National Park aren’t the most accessible on this list, but this Alaskan paradise is undeniably worth the effort. Surrounded by towering volcanoes, alpine glaciers, jagged summits, and millions (yes, millions) of acres of remote wilderness, Lake Clark is the epitome of diverse Alaskan terrain.
Although there are no roads to this isolated lake, the short flight will give you a unique bird’s eye view of three rugged mountain ranges, two giant volcanoes, large expanses of rainforest, and, of course, crystal-clear alpine lakes and rivers.
Once at the lake, you can bunker down in a quaint cabin on the shores of the glacially-fed, turquoise Lake Clark before either hitting the trail or jumping into a kayak or canoe for an afternoon paddle. Lake Clark is the least visited on this list, so if you’re seeking solitude, this is the lake for you. And as a bonus, you’re likely to spot meandering grizzlies along the shore.
Finger Lakes, New York
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Among the things you probably wouldn’t expect to experience together are — 11 glacial lakes, dozens of cascading waterfalls, and…wine country.
The Finger Lakes are a group of 11 long and narrow bodies of water that, as you might have guessed, sprawl out like natural digits over the landscape. Seneca Lake, the area’s most popular destination, is surrounded by vineyards and is known for the Seneca Lake Wine Trail, which consists of more than 30 wineries that offer year-round tasting and activities. Is there a better way to wind down from a long day on the lake than with a tasty glass of wine? We think not.
If drinking wine isn’t your thing, that’s ok too. Finger Lakes is beloved by locals for its camping, biking, hiking, and water recreation options. So, in addition to world-renowned wineries, breweries, and distilleries, there are 134,000 acres of water to explore.
Lake McDonald, Montana
Credit: Ashley Hadzopoulos/Shutterstock
Lake McDonald, the glistening crown jewel of Montana’s beloved Glacier National Park, is just 10 miles long and 1 mile wide.
However, what it lacks in size it more than makes up for in spectacular mountain scenery. The glassy, reflective waters of Lake McDonald make it the perfect place to kick back and relax after a long day of hiking in the park.
Not to mention, wildlife viewing here is top-notch. It’s not uncommon for bighorn sheep, elk, mule deer, and even the occasional grizzly bear to make their way down the pebbly shores of Lake McDonald. So, if you drop by, don’t forget your camera!
The beloved Going-To-The-Sun Road winds alongside Lake McDonald for miles, and the Lake McDonald Lodge and Apgar Village offer the perfect opportunity to grab a bite to eat or re-up on snacks.
Allyn Maycumber Broker Associate ERA Grizzard Realty Mount Dora Florida 32757– 407-467-3862
Through April 2024 With Forecasts Through April 2025
Home prices nationwide, including distressed sales, increased year over year by 5.3% in April 2024 compared with April 2023. On a month-over-month basis, home prices grew by 1.1% in April 2024 compared with March 2024 (revisions with public records data are standard, and to ensure accuracy, CoreLogic incorporates the newly released public data to provide updated results).
Forecast Prices Nationally
The CoreLogic HPI Forecast indicates that home prices will rise by 0.8% from April 2024 to May 2024 and increase by 3.4% on a year-over-year basis from April 2024 to April 2025.
Chart 1: Current month-over-month and year-over year U.S. home price growth and projections through April 2025
Home Price Growth Set to Cool by Spring 2025
Annual U.S. home price appreciation remained above 5% in April, with three states posting double-digit gains. By next spring, national price gains are projected to slow to 3.4%, with only a few states putting up increases of higher than 6%. This slow cooling reflects not only the increasing number of homes on the market in some parts of the country but also elevated, 30-year, fixed-rate mortgages, which remain around 7%, a major factor influencing America’s continuing housing affordability challenges.
“Home price growth continues to slow, as a comparison with a strong 2023 spring is still impacting year-over-year differences. Nevertheless, the April uptick in mortgage rates to this year’s high has cooled some of the typical spring homebuyer demand, which pulled monthly gains of 1.1% below the March-to-April average.The home price slowing also highlights buyers’ increased sensitivity to rising interest rates, as well as the anticipation that presumed lower rates down the road will help ease the affordability crunch. Also, the price cooling is more pronounced in markets where there has been an influx of inventory and/or new construction, as well as those where additional homeownership costs (such as insurance, taxes and HOA fees) have risen relatively faster.”
Dr. Selma Hepp
– Chief Economist for CoreLogic
HPI National and State Maps – April 2024
The CoreLogic HPI provides measures for multiple market segments, referred to as tiers, based on property type, price, time between sales, loan type (conforming vs. non-conforming) and distressed sales. Broad national coverage is available from the national level down to ZIP Code, including non-disclosure states.
Nationally, home prices increased by 5.3% year over year in April. No states posted annual home price declines. The states with the highest increases year over year were New Hampshire (12%), New Jersey (11%) and South Dakota (10.8%).
Chart 2: Year-over-year home price changes by state, April 2024
HPI Top 10 Metros Change
The CoreLogic HPI provides measures for multiple market segments, referred to as tiers, based on property type, price, time between sales, loan type (conforming vs. non-conforming) and distressed sales. Broad national coverage is available from the national level down to ZIP Code, including non-disclosure states. Below is a look at home price changes in 10 select large U.S. metros in April, with San Diego posting the highest gain at 9.9% year over year.
Chart 3: Year-over-year home price changes by select metro areas, April 2024
Markets to Watch: Top Markets at Risk of Home Price Decline
The CoreLogic Market Risk Indicator (MRI), a monthly update of the overall health of housing markets across the country, predicts that Palm Bay-Melbourne-Titusville, FL (70%-plus probability) is at a very high risk of a decline in home prices over the next 12 months. Atlanta-Sandy Springs-Roswell, GA; Spokane-Spokane Valley, WA; Deltona-Daytona Beach-Ormond Beach, FL and Naples-Immokalee-Marco Island, FL are also at very high risk for price declines.
Chart 4: Top five U.S. markets at risk of annual price declines, April 2024
Summary
CoreLogic HPI features deep, broad coverage, including non-disclosure state data. The index is built from industry-leading real-estate public record, servicing, and securities databases—including more than 40 years of repeat-sales transaction data—and all undergo strict pre-boarding assessment and normalization processes.
CoreLogic HPI and HPI Forecasts both provide multi-tier market evaluations based on price, time between sales, property type, loan type (conforming vs. non-conforming) and distressed sales, helping clients hone in on price movements in specific market segments.
Updated monthly, the index is the fastest home-price valuation information in the industry—complete home-price index datasets five weeks after month’s end. The Index is completely refreshed each month—all pricing history from 1976 to the current month—to provide the most up-to-date, accurate indication of home-price movements available.
Methodology
The CoreLogic HPI™ is built on industry-leading public record, servicing and securities real-estate databases and incorporates more than 40 years of repeat-sales transactions for analyzing home price trends. Generally released on the first Tuesday of each month with an average five-week lag, the CoreLogic HPI is designed to provide an early indication of home price trends by market segment and for the “Single-Family Combined” tier, representing the most comprehensive set of properties, including all sales for single-family attached and single-family detached properties. The indices are fully revised with each release and employ techniques to signal turning points sooner. The CoreLogic HPI provides measures for multiple market segments, referred to as tiers, based on property type, price, time between sales, loan type (conforming vs. non-conforming) and distressed sales. Broad national coverage is available from the national level down to ZIP Code, including non-disclosure states.
CoreLogic HPI Forecasts™ are based on a two-stage, error-correction econometric model that combines the equilibrium home price—as a function of real disposable income per capita—with short-run fluctuations caused by market momentum, mean-reversion, and exogenous economic shocks like changes in the unemployment rate. With a 30-year forecast horizon, CoreLogic HPI Forecasts project CoreLogic HPI levels for two tiers — “Single-Family Combined” (both attached and detached) and “Single-Family Combined Excluding Distressed Sales.” As a companion to the CoreLogic HPI Forecasts, Stress-Testing Scenarios align with Comprehensive Capital Analysis and Review (CCAR) national scenarios to project five years of home prices under baseline, adverse and severely adverse scenarios at state, metropolitan areas and ZIP Code levels. The forecast accuracy represents a 95% statistical confidence interval with a +/- 2% margin of error for the index.
About Market Risk Indicator
Market Risk Indicators are a subscription-based analytics solution that provide monthly updates on the overall “health” of housing markets across the country. CoreLogic data scientists combine world-class analytics with detailed economic and housing data to help determine the likelihood of a housing bubble burst in 392 major metros and all 50 states. Market Risk Indicators is a multi-phase regression model that provides a probability score (from 1 to 100) on the likelihood of two scenarios per metro: a >10% price reduction and a ≤ 10% price reduction. The higher the score, the higher the risk of a price reduction.
Source: CoreLogic
The data provided are for use only by the primary recipient or the primary recipient’s publication or broadcast. This data may not be resold, republished or licensed to any other source, including publications and sources owned by the primary recipient’s parent company without prior written permission from CoreLogic. Any CoreLogic data used for publication or broadcast, in whole or in part, must be sourced as coming from CoreLogic, a data and analytics company. For use with broadcast or web content, the citation must directly accompany first reference of the data. If the data are illustrated with maps, charts, graphs or other visual elements, the CoreLogic logo must be included on screen or website. For questions, analysis or interpretation of the data, contact Robin Wachner at newsmedia@corelogic.com. For sales inquiries, visit https://www.corelogic.com/support/sales-contact/. Data provided may not be modified without the prior written permission of CoreLogic. Do not use the data in any unlawful manner. The data are compiled from public records, contributory databases and proprietary analytics, and its accuracy is dependent upon these sources.
About CoreLogic
CoreLogic is a leading provider of property insights and innovative solutions, working to transform the property industry by putting people first. Using its network, scale, connectivity and technology, CoreLogic delivers faster, smarter, more human-centered experiences that build better relationships, strengthen businesses and ultimately create a more resilient society. For more information, please visit www.corelogic.com.
The Florida metropolitan areas of Palm Bay and Deltona are considered at “very high” risk of housing price drops over the next 12 months, according to the latest CoreLogic Market Risk Indicator (MRI).
The financial analytics company’s monthly update indicates that the metropolitan areas with what it describes as “very high” chances (above 70 percent probability) of seeing housing price cuts in the coming year are Palm Bay-Melbourne-Titusville, Florida; Atlanta-Sandy Springs-Roswell, Georgia; Spokane-Spokane Valley, Washington; Deltona-Daytona Beach-Ormond Beach, Florida; and Greenville-Anderson-Mauldin, South Carolina.
While CoreLogic expects home prices’ growth at the national level to slow down into the next year compared to a year earlier, most of the cities the company expects to experience housing price cuts in the coming 12 months are in the South. Florida dominates the list with two metro areas.
The report comes at a time when prices at the state level are once again on the rise in Florida, as demand is high and inventory still chronically low, despite new constructions. As of April, the latest data made available by Redfin, the median sale price of a home in the Sunshine State was $422,500—up 5.2 percent compared to a year earlier.
Home prices at the state level only dipped slightly year-over-year in May 2023 (-0.6 percent) and June 2023 (-0.18 percent), when the correction of the U.S. housing market had already found an end.
Last month, a newly released study from Florida Atlantic University (FAU) and Florida International University (FIU) found that the average home in South Florida is nearly 35 percent overvalued relative to its long-term pricing costs, up 15 basis points from the month before—raising fears of a bubble developing in the regional market.
“This trend does concern me as prices are still going up in the Miami metropolitan area, but not in the rest of the measured areas in Florida,” said Ken H. Johnson, Ph.D., real estate economist with FAU’s College of Business, in a press release.
“Price growth should be tepid considering the slowdown in rents and rising interest rates, but South Florida prices continue to rise despite these market forces.”
But while in some Florida cities, home prices are rising fast, as in East Lake (which experienced a 46.4 percent price growth between April 2023 and April 2024), Miami Beach (+38.7 percent), Florida Ridge (+34.1 percent), Lauderhill (+30.1 percent) and Palm City (+28.8 percent), others are experiencing price drops.
The median sale price of a home in North Port was $377,000 in April, according to Redfin, down 1.8 percent compared to a year earlier. In the same month, the median home sale price of a home in Cape Coral was $402,495, down 0.86 percent from April 2023. In Tampa, the median home sale price was $430,000 in April, down 1.1 percent year-over-year.
Allyn Maycumber Broker/Associate ERA Grizzard Mount Dora Florida 32757
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