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The hottest markets are all characterized by relatively low unemployment and population growth of greater than 3% during the past two years
U.S. median home values rebounded 6.4% last year as Americans put the long-running housing bust behind them -- and here's a look at five cities where market tracker Zillow expects the good times to roll on in 2014.
"These are all hot areas [for homebuyers] to look at, and we think they have the potential to keep burning into the future," says economist Krishna Rao of Zillow, which recently named 2014's Hottest Housing Markets.
Zillow compiled its list by predicting home-price gains for all U.S. metro areas with 1 million or more residents and combining that with two factors long associated with housing strength: local jobless... read more