What makes a housing market hot? "Quickly rising home values and rental prices, low unemployment rates, steady income growth, and strong job opportunities with lots of people moving to the area," according to Zillow. So with these characteristics in mind, Zillow has put together a list of the housing markets they predict will be hottest in 2018. Did your city make the cut? Here are the top 10:
1. San Jose, California
2. Raleigh, North Carolina
3. Seattle, Washington
4. Charlotte, North Carolina
5. San Francisco, California
6. Austin, Texas
7. Denver, Colorado
8. Nashville, Tennessee
9. Portland, Oregon
10. Dallas, Texas
"This list shows that just because a market is smaller or more affordable doesn't mean it isn't dynamic. Growing cities in the Sun Belt — places like Raleigh, Charlotte, and Nashville — offer plenty of opportunities in healthcare and finance, while providing a less-expensive, but still-convenient, alternative to the larger and pricier markets in the Northeast. The tech industry continues to roar, attracting thousands of new residents per year to tech-dominant markets like Seattle, Denver and the Bay Area. The higher cost of living in these areas is offset to a large degree by well-paying tech jobs." — Zillow senior economist Aaron Terrazas
Want to get down to the nitty-gritty? This graph breaks down the data for you, city by city:
Whether you live in one of the hottest housing markets or not, the good news is that you can still make these three simple adjustments to raise the value of your home.
Carolin Lehmann is an Associate Editor at Hunker. She's a graduate of the Missouri School of Journalism and has previously written for HuffPost, Seventeen magazine, and a variety of local news outlets. As a studio apartment dweller, she's always on the lookout for new ways to decorate a rental on a budget.