Seeking a place to call home that won't clean out your bank account—and might even go up in value? While cities like New York City and San Francisco are driving people away with exorbitant rents and mortgages, per CBS News, there are some cities where owning a home can actually prove a wise endeavor, with home values on the rebound. "These hot markets are experiencing change as more people discover them," Svenja Gudell, Zillow's chief economist, says for the company's latest market trends update. Check out what Zillow says are the five top housing markets in the US (and the percentage appreciation expected in the coming year):
- Nashville, Tenn., 4.3%
- Seattle, 5.6%
- Provo, Utah, 4.3%
- Orlando, Fla., 5.7%
- Salt Lake City, 4.3%
Check out which other hot markets made the
list. (Don't miss the country's
10 most affordable housing markets.)