Business

Two Springfields dominate Realtor.com hottest US housing markets list

Published

2 hours ago

7 May 2026

Two Springfields dominate Realtor.com hottest US housing markets list

Sotheby’s International Realty broker Jenna Stauffer analyzes the U.S. housing market, noting a shift in buyer behavior, on ‘Making Money.’

Americans are officially ghosting overpriced metro areas in favor of the humble Springfield.

For the second month in a row, Springfield, Massachusetts, has been crowned the hottest housing market in America, but its Illinois namesake is stealing the spotlight with a staggering 26.6% annual price surge, recent Realtor.com data shows, bringing it to the No. 13 spot.

While major metros like Boston and Chicago become increasingly unaffordable, smaller cities with deep American roots, like the “Land of Lincoln” and the “Birthplace of Basketball,” are seeing a massive resurgence.

BOSTON’S AFFORDABILITY CRISIS DRIVES YOUNG WORKERS TO CONSIDER LEAVING

“The two cities represent distinct market narratives: One is a Boston-adjacent suburb benefiting from spillover demand and a well-documented affordability premium, while the other is a Midwestern market where accelerating price growth points to a sharp increase in buyer interest,” Realtor.com senior economic research analyst Hannah Jones told the outlet.

Springfield in Massachusetts and Illinois

It’s a tale of two Springfield’s: the towns with the same names in Massachusetts and Illinois are some of America’s hottest housing markets. (Getty Images)

Situated 90 miles southwest of Boston, Massachusetts, Springfield took the top spot for offering a notable “discount” median listing price at $365,000 – while Boston has a median listing price at $832,500, about double the national average and the fifth-most expensive in the U.S.

Homes typically sell in just 23 days, and it’s best known as the hometown of author Dr. Seuss and where Dr. James Naismith invented basketball.

‘The Big Money Show’ panel discusses Boston’s reported interest in attempting a city-run grocery store after New York City mayoral candidate Zohran Mamdani proposed them as part of his campaign.

Turning to the Midwest, Illinois’ Springfield is slowly climbing its way up the “hottest market” ranks. Its 26.6% annual price gain currently makes it the most affordable entry point in the country.

Springfield, Illinois, hails a median listing price around $250,000, the lowest in the Top 20 rankings. Realtor.com pointed out that one 1,500-square-foot home saw 96 showings and 28 offers in just four days, selling for $60,000 over asking.

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‘The Ramsey Show’ host Dave Ramsey discusses how young adults feel isolated from buying homes and entering the real estate market on ‘FOX Business In Depth: Hitting Home: Rebuilding the Dream’

It’s famous for being home to the Abraham Lincoln Presidential Library and the place where the late Lincoln practiced law for 25 years before making his way to the White House.

More broadly, the “hottest market” list is primarily dominated by Northeast cities as they took 16 of the top 20 spots. These historic hubs have become the front lines of a new housing gold rush as families prioritize their bottom lines over big-city zip codes.

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Grupo Bimbo to invest $1 billion in US operations

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7 May 2026

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Is The Market Starting To Go Parabolic? (SP500)

Published

9 minutes ago

7 May 2026

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Is The Market Starting To Go Parabolic? (SP500)

Michael James McDonald is a stock market forecaster, author and former Senior Vice President of Investments at what is now Morgan Stanley. He is a long-term advocate of the theory of contrary opinion and the measurement of investor sentiment when forecasting price direction.His first book, ” A Strategic Guide to the Coming Roller Coaster Market” was published in July of 2000, three months before the top of the dot comm market. On its cover was written, “How a new model of the stock market predicts the end of the 18-year bull market (1982-2000) and the beginning of a new era.” The “new era” was to be a long-term (roller coaster) trading range market, which did materialize between 2000 and 2009.A second book titled, “Predict Market Swings With Technical Analysis” was published by Wiley and Sons in 2002.Then, on August 31st, 2010, in a Seeking Alpha article titled: “The 10 Year Trading Range Is Over – The ‘Final Stampede’ Has Begun”, he called an end to the ten year trading range market and the start of another long-term bull market, which also came about.He says, “It’s long been observed that 50% or more of a stock’s price can be driven by the emotions of fear and greed alone. A universal warning sign is when ‘too many’ investors expect the same thing. When ‘too many’ investors expect a stock to go up, it generally goes down – and vice versa. The key is having metrics that measure when ‘too many’ investors are expecting something. This is what the Sentiment king has developed over the years.”Through his company the Sentiment King, he continues to study and measure investor psychology in an effort to successfully forecast major stock trends – and help others see them too.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of QQQ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Business

$19bn order boosts Belfast Airbus factory

Published

23 minutes ago

7 May 2026

NewsAdmin

$19bn order boosts Belfast Airbus factory

Malaysian airline Air Asia places an order for 120 Airbus A220s, the wings of which are made in Belfast.

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Jefferies raises Praxis Precision Medicines stock price target on pipeline catalysts

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28 minutes ago

7 May 2026

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Miners lead Aussie shares higher on peace hopes

Published

35 minutes ago

7 May 2026

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Miners lead Aussie shares higher on peace hopes

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Kraft Heinz CEO cites ‘early signs of momentum’

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7 May 2026

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Kraft Heinz CEO cites ‘early signs of momentum’

Market share gains show promise for turnaround strategy.

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Fidelity National Financial, Inc. (FNF) Q1 2026 Earnings Call Transcript

Published

1 hour ago

7 May 2026

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Operator

Good morning, and welcome to FNF’s First Quarter 2026 Earnings Call. [Operator Instructions] I would now like to turn the call over to Lisa Foxworthy-Parker, SVP, Investor and External Relations. Please go ahead.

Lisa Foxworthy-Parker
Senior Vice President of Investor & External Relations

Thanks, operator, and welcome, everyone. I’m joined today by Mike Nolan, CEO; and Tony Park, CFO. We look forward to addressing your questions following our prepared remarks. F&G’s management team, including Chris Blunt, CEO; and Conor Murphy, President and CFO, will also be available for Q&A.

Today’s earnings call may include forward-looking statements and projections under the Private Securities Litigation Reform Act, which do not guarantee future events or performance. We do not undertake any duty to revise or update such statements to reflect new information, subsequent events or changes in strategy. Please refer to our most recent quarterly and annual reports and other SEC filings for details on important factors that could cause actual results to differ materially from those expressed or implied.

This morning’s discussion also includes non-GAAP measures, which management believes are relevant in assessing the financial performance of the business. Non-GAAP measures have been reconciled to GAAP where required and in accordance with SEC rules within our earnings materials available on the company’s investor website. Please note that today’s

Business

Earnings call transcript: Kinetik Holdings Q1 2026 misses EPS forecast, stock steady

Published

1 hour ago

7 May 2026

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Earnings call transcript: Kinetik Holdings Q1 2026 misses EPS forecast, stock steady

Business

Papa John’s International, Inc. (PZZA) Q1 2026 Earnings Call Transcript

Published

1 hour ago

7 May 2026

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Papa John’s International, Inc. (PZZA) Q1 2026 Earnings Call May 7, 2026 8:00 AM EDT

Company Participants

Heather Hollander – Senior VP of Strategy, Investor Relations and FP&A
Todd Penegor – President, CEO & Director
Ravi Thanawala – CFO & President of North America

Conference Call Participants

Brian Bittner – Oppenheimer & Co. Inc., Research Division
Alexander Slagle – Jefferies LLC, Research Division
Todd Brooks – The Benchmark Company, LLC, Research Division
Isiah Austin – BofA Securities, Research Division

Presentation

Operator

Good day, and thank you for standing by. Welcome to Papa John’s First Quarter 2026 Earnings Conference Call and webcast. [Operator Instructions] Please be advised, today’s conference is being recorded.

I would now like to turn the conference over to your speaker today, Heather Hollander. Please go ahead.

Heather Hollander
Senior VP of Strategy, Investor Relations and FP&A

Good morning, and welcome to our first quarter 2026 earnings conference call. Earlier this morning, we issued our earnings release, which can be found on our Investor Relations website at ir.papajohns.com under the News and Events tab or by contacting our Investor Relations department. Joining me on the call this morning are Todd Penegor, President and Chief Executive Officer; and Ravi Thanawala, Chief Financial Officer and President, North America. Comments made during this call will include forward-looking statements within the meaning of the federal securities laws. These statements may involve risks and uncertainties that could cause actual results to differ materially from these statements. Forward-looking statements should be considered in conjunction with the cautionary statements in our earnings release and the risk factors included in our SEC filings. In addition, please refer to our earnings release and our Investor Relations website for the required reconciliation of non-GAAP financial measures discussed on today’s call. Lastly, we ask that you please limit your questions to one question and one follow-up.