The most popular city for 2021 is Austin, Texas, according to a new report from Zillow, which surveyed a panel of economists and real estate experts.
The coronavirus pandemic has changed not only how we live but where we live, and that has upended some of the usual trends in local housing markets.
Now that some people can work from anywhere, they can also live anywhere, and they are moving to different markets for all kinds of reasons, from affordability to climate to ease of everyday life.
According to a new report by Zillow, these are the hottest markets for 2021:
- Austin, Texas
- Phoenix
- Nashville, Tennessee
- Tampa, Florida
- Denver
The vast majority, 84%, of economists and real estate experts surveyed by Zillow said they expect home value growth in Austin to outperform the national housing market.
Austin was also ranked hottest last year. The median price of a home sold in Austin in December was up close to 24% compared with December 2019. That is the largest gain among the 50 largest U.S. housing markets.
Picture: Pixabay