Look At The Most Expensive Homes In 2022’s Hottest Housing Markets
By KIMBERLEY HAAS
Analysts at Zillow have made their predictions for the hottest housing markets of 2022, and we are bringing you a look at the most expensive homes in the top five cities listed.
On Tuesday, the Seattle-based company predicted Tampa, Florida, will be the hottest housing market of 2022. NFL Quarterback Tom Brady’s new city is followed by Jacksonville, Florida; Raleigh, North Carolina; San Antonio, Texas; and Charlotte, North Carolina.
“Homebuyers are attracted to markets in the Sun Belt that offer relative affordability, fast-growing economies, and weather that allows them to enjoy the outdoors year-round,” Zillow economist Alexandra Lee said in a statement.
Lee also predicts the seller’s market seen in 2021 will continue and buyers should be ready for strong competition for homes, which means bidding wars and homes flying off the market only days after they are listed.
With that warning from Lee, here is a sneak peek at the most expensive homes available in the top five hottest housing markets for 2022, as predicted by Zillow analysts.
Tampa, Florida
With six bedrooms and eight bathrooms, this $14.9 million new construction on Martinique Avenue has water views as well as a gym.
The estimated mortgage payment is $68,812 per month.
Jacksonville, Florida
This $4.23 million house on Hala Court has four bedrooms and eight bathrooms, not to mention multiple fireplaces and an elevator. It has been on Zillow for 103 days and offers the utmost in luxury, according to the photos that are protected so you will have to click on the link above to check out the estate for yourself.
The estimated mortgage payment is $19,842 per month.
Raleigh, North Carolina
With six bedrooms and 11 bathrooms –that’s right– eleven! — this $5.5 million house on White Oak Road has more than 20,000 square feet of liveable space. It’s been on Zillow for 390 days and features beautiful staircases, according to the photos that are protected, so again, you will have to click on the link above to check out the estate for yourself.
The estimated mortgage payment is $24,368 per month.
San Antonio, Texas
This condo on Camp Street has six bedrooms, 10 bathrooms and costs $7.25 million.
HOA fees are estimated to be $7,165 a month and the estimated mortgage payment is $46,967 per month.
Charlotte, North Carolina
Located in a setting that offers outdoor activities, this home on Sage Thrasher Lane is on the market for $4.99 million and has five bedrooms and seven bathrooms.
The estimated monthly mortgage is $23,652 per month.
Rounding out the top ten list for hottest housing markets in 2022 are Nashville, Tennessee; Atlanta, Georgia; Phoenix, Arizona; Orlando, Florida; and Austin, Texas.
Zillow economists are forecasting 14.3% national home value growth through November 2022. They expect each of the top 10 hottest metros to exceed that, with Tampa home values predicted to grow 24.6% during that time.
Follow Editor Kimberley Haas on Twitter @KimberleyHaas.