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Key Takeaways: While the 20 top hottest housing markets are again located in Colorado, North Carolina, Florida and Texas, they’re also located in Tennessee, Oregon, Georgia and Arizona. Three of the top five hottest markets in both June and December were Durham, Raleigh and Charlotte, North Carolina, mostly thanks to strong buyer demand and relatively high affordability. Markets to watch that improved the most between June and December 2023 include Cleveland, Virginia Beach, Virginia, and Detroit. Cleveland's HMI score jumped 8.8 points to 62.3, mostly due to a rise in...

The entire concept of “American exceptionalism” is controversial. Used by both major parties to advance their agendas of the moment, the belief that there’s something distinct and unique about America has been present for hundreds of years. It’s been co-opted by both boosters and detractors to explain away countless features of the U.S. landscape—from our high rates of gun violence and abnormal health care costs to our disdain for authority and penchant for self-reliance.  But while American exceptionalism may or may not be real in the political realm, it’s been...