Looking for a Bargain on a Home? Don’t Move Here

In one region of the U.S., home prices are on a tear. Find out which cities are seeing the biggest rises.

Couple holding keys at homeSyda Productions / Shutterstock.com

If you’re looking for a bargain on a home, don’t go West, young man (or woman).

The hottest real estate markets are all located in the Western U.S., according to the latest quarterly report by the National Association of Realtors.

The national median existing single-family home price jumped to $269,000 in the second quarter, a year-over-year rise of 5.3 percent, according to the report released earlier this month.

But values skyrocketed in many cities of the West, making it increasingly difficult for homebuyers to find affordable options in those places.

Following are the 10 markets where home prices are growing fastest.

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