An report of “competitive” markets in 2021 projects 3 Florida cities will be the hottest in the U.S. this year!
Zillow studied home value appreciation and made estimations based on demographic trends, as well as housing market and new job creation data.
Economists predict strong competition in the market this year.
“Homebuyers are attracted to markets in the Sun Belt that offer relative affordability, fast-growing economies and weather that allows them to enjoy the outdoors year-round… Across the board, sellers will remain in the driver’s seat, but especially so in the hottest markets. Buyers should be ready for strong competition for homes, which means bidding wars and homes flying off the market only days after they are listed.”
Alexandra Lee, Zillow Economist
Tampa tops the list at #1, Jacksonville at #2, and Orlando at #9.
10 hottest housing markets of 2022:
4. San Antonio
Overall, Austin saw the biggest drop – from #1 to #10. Denver fell off the list (#15) from #5 last year.
Some of the hottest markets in 2022 fall in the Midwest.
13. Salt Lake City
14. Kansas City
16. Oklahoma City
17. Columbus, Ohio