Phoenix Tops List of 10 Hottest Housing Markets of 2013

With home values rising 24% over the past year, no other metropolitan area housing market has grown faster than Phoenix

According to Zillow, a real estate listing website, home values rose 5.1 percent across the United States between February 2012 and February 2013. Zillow data also shows home values rose more than 13 percent in 10 of the 30 largest housing markets and rose more than 20 percent in five of them. The biggest growth of all took place in Phoenix, where home values rose 24 percent.

(Read more on The Hottest Housing Markets of 2013...)

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