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Million-Dollar Markets
10 cities set to break seven figures
#62
WELCOME
Need an ice breaker to get the conversation going at the Thanksgiving table next week? Here’s a fun fact to share: Wild turkeys can run up to 25 mph and fly at speeds of up to 55 mph. That means in the average residential neighborhood, flying turkeys are breaking the speed limit.
In all seriousness, as Thanksgiving approaches, we want to take a moment to say thank you for being a part of this thriving community. Your support, curiosity, comments, and passion for real estate continually inspire us to deliver the best edu-tainment content in the industry, week after week.
🔊Today’s Top Podcast Rec:
It wasn’t until Ricky Carruth hit his first million-dollar year that he realized—there’s so much more to building a satisfying career than chasing an earnings goal. That’s when he leaned into passive income streams, helping fellow agents meet their goals, and finding the next challenge. Tap to listen to Ricky’s full story, including recovering from complete bankruptcy to become the #1 agent eight years in a row.
TRACK THE TRENDS
MARKETS
From Affordable to Affluent
A new affordability projection by Realtor.com revealed that a few surprising cities in the West and Midwest could join the million-dollar market club between now and 2033. In these areas, home prices are already climbing, thanks to proximity to high-cost metros and rising buyer demand. Based on price growth data gathered over the past five years, accounting for anomalies like the recession and pandemic, there’s a strong chance they’ll break the seven-figure ceiling within the next decade.
Take a look at the 10 popular metros on track to become million-dollar markets, including their current median sale price and predicted median sale price in 2033:
Boise City, ID: $464,578 → $1.2M
Salt Lake City, UT: $493,414 → $1.1M
Portland, OR: $501,245 → $1.1M
Colorado Springs, CO: $454,673 → $1.0M
Stockton, CA: $579,292 → $1.4M
Denver, CO: $547,966 → $1.3M
Sacramento, CA: $557,522 → $1.1M
Boston, MA: $622,902 → $1.0M
Honolulu, HI: $683,086 → $1.1M
Seattle, WA: $694,351 → $1.5M
DIVE IN
The Friday Five
📖 Knowledge is power. Where your business came from is probably where it’s going. Here’s why.
👀 Crazy celebrity kitchens. Ranking the wildest celebrity kitchens, from Brittany Spears to Billy Joel.
👀 Stay on trend. Catch the five biggest real estate headlines of the past week with Jeffrey St. Arromand.
💡 Grit over talent. The one question you can ask to measure grit—not just talent.
💡The Real Talk tell-all. Josh Flagg talks MDLLA, what’s next for Estate Media, and his incredible Mid-Century home.
WHAT’S NEW FROM ESTATE MEDIA
Compiling Glennda’s Best Guru Moments
In this special edition of Glennda’s Guru, we’ve compiled the hands-down best tips, insights, and perspectives shared on the podcast this year. In one power-packed half-hour session, you’ll hear from Tracy Tutor, Coldwell’s #1 agent Jade Mills, Selling Sunset’s Maya Vander, Buying Beverly Hills’ Ben Belack, and more—back-to-back and interruption-free.
If you missed a single episode of Glennda’s Guru or you want a recap of the best tips and tactics shared, tap to catch the compilation and learn from these expert strategies for success.
HANGS & HAPPENINGS
Inman Connect | NYC | January 22-24, 2025. Grow your network, learn from the best in business, and get inspired through multiple networking opportunities and breakout sessions from industry pros like Rayni Williams, Mauricio Umansky, and Jimmy Burgess.
RETCon | Las Vegas, NV | March 10-12, 2025. RETCon is a must-attend event for real estate technology and innovation professionals. The conference focuses on PropTech and RealTech solutions, trends, automation tools, AI advances, and more, and gives agents and industry pros a place to learn, network, and stay competitive.
FEATURED LUXURY LISTING
Put your best profile forward with a Homes Pro membership—and show up where (and when!) ready-to-move home searchers are looking. Tap the photo above to learn more about amplifying your real estate brand with premium tools, priority visibility, and enhanced exposure across the internet with Homes.com.
TIPS & TAKEAWAYS
Real Estate isn’t for the faint of heart
When the going gets tough, take Glennda’s words of wisdom into your weekend.
“You gotta do the best you can on the day you have. Operate from a place of intention and gratitude—that will get you in a great mood.”
Before we go…
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