If you’re looking to invest in real estate, look no further than Nashville.
The city is likely to be the hottest housing market in 2017, according Zillow, a real estate website, which offered its predictions for the 10 hottest housing markets of the year.
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 present below Zillow’s list of top 10 hottest housing markets in 2017.
1. Nashville, Tennessee
Forecasted home value appreciation: 4.3%
Income growth: 1.1%
Unemployment rate: 4.0%
Source: Zillow
2. Seattle, Washington
Forecasted home value appreciation: 5.6%
Income growth: 1.0%
Unemployment rate: 4.4%
Source: Zillow
3. Provo, Utah
Forecasted home value appreciation: 4.3%
Income growth: 1.0%
Unemployment rate: 2.7%
Source: Zillow
4. Orlando, Florida
Forecasted home value appreciation: 5.7%
Income growth: 1.0%
Unemployment rate: 4.5%
Source: Zillow
5. Salt Lake City, Utah
Forecasted home value appreciation: 4.3%
Income growth: 1.0%
Unemployment rate: 2.8%
Source: Zillow
6. Portland, Oregon
Forecasted home value appreciation: 5.2%
Income growth: 1.0%
Unemployment rate: 4.8%
Source: Zillow
7. Knoxville, Tennessee
Forecasted home value appreciation: 4.4%
Income growth: 1.1%
Unemployment rate: 4.7%
Source: Zillow
8. Ogden, Utah
Forecasted home value appreciation: 4.7%
Income growth: 1.0%
Unemployment rate: 2.9%
Source: Zillow
9. Denver, Colorado
Forecasted home value appreciation: 3.6%
Income growth: 1.0%
Unemployment rate: 2.9%
Source: Zillow
10. Sacramento, California
Forecasted home value appreciation: 4.8%
Income growth: 1.0%
Unemployment rate: 5.2%
Source: Zillow
SEE ALSO: JPMorgan's complete guide to everything happening in the markets
