From worst to first!
If one thing stands out from this list of the Top 10 hottest U.S. housing markets in 2013, it’s that many of this years best performers were some of the hardest hit during the financial and real estate market crisis that began in 2008!
1. Phoenix
Change in home value: 24.0%
Current home value: $165,600
Bottom in home value: Q3 2011
Forecast change in home value: 10.6%
2. Las Vegas
Change in home value: 22.3%
Current home value: $138,800
Bottom in home value: Q1 2012
Forecast change in home value: 7.5%
3. San Jose, Calif.
Change in home value: 22.1%
Current home value: $676,100
Bottom in home value: Q3 2009
Forecast change in home value: 9.7%
4. San Francisco
Change in home value: 21.4%
Current home value: $563,200
Bottom in home value: Q1 2012
Forecast change in home value: 10.5%
5. Sacramento, Calif.
Change in home value: 20.1%
Current home value: $241,600
Bottom in home value: Q1 2012
Forecast change in home value: 15.6%
6. San Diego
Change in home value: 17.1%
Current home value: $396,800
Bottom in home value: Q1 2012
Forecast change in home value: 8.8%
7. Riverside, Calif.
Change in home value: 16.3%
Current home value: $210,100
Bottom in home value: Q1 2012
Forecast change in home value: 17.2%
8. Los Angeles
Change in home value: 14.9%
Current home value: $439,400
Bottom in home value: Q1 2012
Forecast change in home value: 11.1%
9. Detroit
Change in home value: 13.1%
Current home value: $84,700
Bottom in home value: Q3 2011
Forecast change in home value: 4.4%
10. Denver
Change in home value: 13.1%
Current home value: $234,200
Bottom in home value: Q2 2011
Forecast change in home value: 3.1%
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