Zillow: California markets are some of the healthiest
trulia.com ·"Rapid home value appreciation in the West, particularly California, is currently having a very positive effect on a number of other factors, including negative equity, foreclosure activity and the overall financial health of local homeowners. But that same rapid appreciation may cause affordability issues in the future in these markets, leading to potentially unhealthy conditions," Zillow Chief Economist Stan Humphries said.
Rounding out Zillow's top 10 were Denver, Boston, Pittsburgh, Portland, Ore., and New York City, ranking five through nine.
Phoenix and Las Vegas could make the top of another list—the unhealthiest.