Zillow Predicts Phoenix Will Be One Of The Hottest Housing Markets In 2021

Zillow predicts that Phoenix will be among the nation's hottest housing markets in 2021.

The housing market is still booming all across the nation, despite the ongoing global pandemic.

Zillow senior economist Jeff Tucker explained, "The pandemic has not upended the housing market so much as accelerated trends we saw coming into 2020. These Sun Belt destinations are migration magnets thanks to relatively affordable, family-sized homes, booming economies and sunny weather. Record-low mortgage rates and the increased demand for living space, coupled with a surge of Millennials buying their first homes, will keep the pressure on home prices there for the foreseeable future."

So where did Phoenix fall on the list?

Phoenix is predicted to be the second-hottest housing market in 2021.

Here is where each metropolitan area ranks, according to Zillow:

1. Austin, TX
2. Phoenix, AZ
3. Nashville, TN
4. Tampa, FL
5. Denver, CO
6. Dallas- Fort Worth, TX
7. Atlanta, GA
8. Washington, D.C.
9. Riverside, CA
10. Miami, FL
11. San Diego, CA
12. Houston, TX
13. Las Vegas, NV
14. Seattle, WA
15. Minneapolis, MN
16. Philadephia, PA
17. Los Angeles, CA
18. San Francisco, CA
19. New York, NY

Photo: Getty Images