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5 Hot Housing Markets

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5 Hot Housing Markets

Daily Real Estate News | Wednesday, October 24, 2012

A new report finds that 183 of 252 markets recently surveyed have “hit bottom” and are on their way up. AOL Real Estate recently highlighted housing markets where prices are projected to rise the most next year, based on a new housing report from Zillow. Some of those “hot” housing markets on their list include:

  • Los Angeles

Projected bottom in home value: First quarter of 2012

Third quarter 2012 home price: $397,000

  • Miami-Fort Lauderdale, Fla. 

Projected bottom in home value: Fourth quarter of 2011

Third quarter 2012 home price: $149,700

  • San Francisco

Projected bottom in home value: First quarter of 2012

Third quarter 2012 home price: $497,600

  • San Jose, Calif. 

Projected bottom in home value: Second quarter of 2009

Third quarter 2012 home price: $599,800

  • Sacramento, Calif.

Projected bottom in home value: First quarter of 2012

Third quarter 2012 home price: $210,900

To see the full list of “hot” housing markets, visit AOL Real Estate. 

Source: “7 Cities Where Home Prices Are Jumping,” AOL Real Estate (Oct. 23, 2012)

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