Predictions for the ten hottest housing markets in 2016 were recently announced by Zillow. Topping the list is Denver, followed by Seattle and Dallas-Fort Worth, all of which are major tech towns ideal for job growth. Other places that made the list are Utah markets Ogden and Salt Lake City, along with Omaha, Neb. and Boise, Idaho.Â To determine which markets would be hot, Zillow looked at home value appreciation, low unemployment rates, and strong income growth. Omaha has the lowest unemployment rate of the ten hottest markets, at just 2.9 percent. Denver saw home values rise 16 percent in 2015, and Zillow is forecasting them to rise another 5 percent in 2016, along with Portland.
Zillow's Top 10 Housing Markets for 2016:
1. Denver, Colo. 2. Seattle, Wash. 3. Dallas-Fort Worth, Texas 4. Richmond, Va. 5. Boise, Idaho 6. Ogden, Utah 7. Salt Lake City, Utah 8. Omaha, Neb. 9. Sacramento, Calif. 10. Portland, Ore.
-Â Â Â Â Â Â Zillow, January 16, 2016