It's a great time to be in the housing market.

Select cities and towns across the country have experienced a real estate revitalization not seen in a long time. 

U.S. purchases of new homes unexpectedly advanced last month, reaching the strongest pace in a decade. For homeowners residing in these real estate hotspots, this spike can cause their home value to rise as a result.

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].