10. Phoenix, Arizona
Speaking of “hot” markets, the southwest has some of the best. With some cities, there is no choice but to go big. While Phoenix does not have the largest metropolitan population, the city itself is biggest in the country, with a population approximating 1.5 million, according to the U.S. Census Bureau.
Despite its dry, arid temperature, Phoenix was initially founded in the 1880s as an agricultural community. This subtropical desert climate is ideal for people who want a warm place to live, without a great deal of inclement weather like hurricanes or tornadoes.
While average temperatures do rise above 100 degrees Fahrenheit in the summer months, according to the Weather Channel, the rest of the year is much more reasonable.
This capital city of Arizona is big for a reason. Unlike other cities in this list, which boast growth in a percentage or two over the past few years, Business Insider noted that Phoenix has demonstrated consistent growth over several decades. In 2012 alone, Phoenix added 40,000 people to its resident population, according to the U.S. Census Bureau.
Steady growth leads to more consumption. In 2012, the U.S. Census Bureau showed that Phoenix was poised for a better post-recession economy than even 2007’s numbers. Prior to the recession, Business Insider considered Phoenix one of the best places to work with a population over 1 million. Home prices reflect these conditions. At $160,600, according to Zillow, Phoenix median home values have stayed on par with the national average.
However, they may not stay that way for long. Phoenix home prices jumped 12.5 percent in the past year, with more growth expected in the year to come. With booming job growth and lower unemployment, Phoenix presents itself as an ideal metropolitan area to settle down and find a good job.