Zillow's Bullish Calls: U.S. Home Prices Bottomed in 48 Housing Markets

Zillow is optimistic about the U.S. housing market, predicting a 6.3% increase in home prices over the next year. Their forecast model identifies 48 regional housing markets that are expected to see even greater increases of 7.0% or more. These markets have tight inventory levels and relatively better affordability compared to other areas. While some firms disagree and believe home prices have more room to decline, Zillow's model has consistently been on the bullish side.