Early this month, Zillow recently released their list of what they believe will be the ten hottest real estate markets of 2017. Topping that list is Nashville, Tennessee, which Zillow predicts will see homes appreciating by 4.3% (Nationally, Zillow expects home values to appreciate 3% over 2017). For their analysis, Zillow looked at cities with quickly rising home values, low unemployment rates and strong income growth.
Zillow’s top 10 hottest housing markets for 2017 are:
- Nashville, Tenn.
- Seattle
- Provo, Utah
- Orlando, Fla.
- Salt Lake City, Utah
- Portland, Ore.
- Knoxville, Tenn.
- Ogden, Utah
- Denver
- Sacramento, Calif.
“The growth and demand for housing will drive up home prices in 2017, and these hot markets are experiencing change as more people discover them.” Said Zillow Chief Economist Dr. Svenja Gudell.