This State Just Replaced New York as the Country's Second Most Valuable Housing Market A recent report by Zillow found that Florida has edged out New York as the second most valuable housing market in the U.S., while California is still No. 1. Previous Article Video: Jack in the Box Employee Shoots at Customer Over Alleged Missing Curly Fries, Family Files Lawsuit Next Article Sorry, Point-Lovers—Buying With a Credit Card Can Be Costly For Small Businesses