Third-best market: Los Altos, Calif.
Expected five-year price gain:15.5%
This affluent community of 28,000 people is in the heart of Silicon Valley, just up the road from Apple (AAPL) and other high-tech firms.
In fact, Los Altos' current or former residents have included late Apple co-founder Steve Jobs, Yahoo! (YHOO) co-founder Jerry Yang and other tech titans.Colpitts said that group should drive Los Altos' home prices higher and higher over the next five years. "More millionaires are busting out