As many have suggested, the housing market will remain hot well into 2022. With that in mind, Zillow says that the number one driver of hot markets will be in the south, and leading the way will be none other than Tampa, Florida. In addition, they suggest that Jacksonville, Raleigh, San Antonio and Charlotte will fill out the list of the top five hottest markets for 2022, each having a strong combination of forecasted home value growth, economic fundamentals and fast-moving inventory with plentiful likely buyers. Indeed…however, they do offer a cautionary note:
“There are two large known risk factors for housing markets in 2022. First, mortgage interest rates are expected to rise in 2022, making home loans more expensive for aspiring buyers. At the margin, this would restrict the inventory accessible in the most expensive markets…”
Zillow’s hottest markets for 2022 are:
- Tampa, FL
- Jacksonville, FL
- Raleigh, NC
- San Antonio, TX
- Charlotte, NC
- Nashville, TN
- Atlanta, GA
- Phoenix, AZ
- Orlando, FL
- Austin, TX
Click here to read the full report at Zillow.com.
