There are hottest markets and then there are hottest markets. To determine its scorecard of America's hottest real estate markets for 2016, Zillow looked at home value appreciation, recent income growth and unemployment rates.
Among the two highest ranking metros on the list, Dallas-Fort Worth clocks in at No. 1, with an expected 5.4% increase in home values, and Seattle is a close No. 2, with home value increases of 5.2% for the year. Comments from from Zillow chief economist Svenja Gudell:
“We’ll start to see more people in hot coastal markets forced to move farther from the core of the city to find housing,” said Zillow Chief Economist Svenja Gudell. “When they get there, they’ll be looking for amenity-rich suburbs — mini-cities, with walkable cores and an urban feel.”