Sacramento… One of The Hottest Housing Markets in 2017?
More good news for those of us living (and working) in the Sacramento area! According to Zillow, Sacramento is likely to be among the hottest housing markets in 2017!
To come up with the ranking, Zillow looked for cities with “quickly rising home values, low unemployment rates and strong income growth.” Zillow expects housing values to appreciate 3% in 2017, and western cities are likely to outperform the national average.
We’re happy to share with you, Zillow’s list of the
Top 10 Hottest Housing Markets for 2017:
- Sacramento, California
Forecasted home value appreciation: 4.8%
Income growth: 1.0%
Unemployment rate: 5.2%
Source: Zillow
- Denver, Colorado
Forecasted home value appreciation: 3.6%
Income growth: 1.0%
Unemployment rate: 2.9%
Source: Zillow
- Ogden, Utah
Forecasted home value appreciation: 4.7%
Income growth: 1.0%
Unemployment rate: 2.9%
Source: Zillow
- Knoxville, Tennessee
Forecasted home value appreciation: 4.4%
Income growth: 1.1%
Unemployment rate: 4.7%
Source: Zillow
- Portland, Oregon
Forecasted home value appreciation: 5.2%
Income growth: 1.0%
Unemployment rate: 4.8%
Source: Zillow
- Salt Lake City, Utah
Forecasted home value appreciation: 4.3%
Income growth: 1.0%
Unemployment rate: 2.8%
Source: Zillow
- Orlando, Florida
Forecasted home value appreciation: 5.7%
Income growth: 1.0%
Unemployment rate: 4.5%
Source: Zillow
- Provo, Utah
Forecasted home value appreciation: 4.3%
Income growth: 1.0%
Unemployment rate: 2.7%
Source: Zillow
- Seattle, Washington
Forecasted home value appreciation: 5.6%
Income growth: 1.0%
Unemployment rate: 4.4%
Source: Zillow
- Nashville, Tennessee
Forecasted home value appreciation: 4.3%
Income growth: 1.1%
Unemployment rate: 4.0%
Source: Zillow
