Whether you’re joining the real-estate business or just looking for a place to put down roots, it’s important to take the temperature of the housing markets you’re considering before investing in a property. Home prices and rental rates vary widely across the U.S. based on supply and demand.
But if you aim for long-term growth, equity and profit, you’ll need to look beyond tangible factors, such as square footage and style. Those factors certainly drive up property values. From an investor’s standpoint, however, they hold far less significance than historical market trends and the economic health of residents.
Frisco has ranked as this year's best real estate market in the United States, followed by four neighboring North Texas suburbs, according to a WalletHub study. The city also has one of the highest number of building permits per capita in the country.
To determine the best local real-estate markets in the U.S., WalletHub’s analysts compared 300 cities of varying sizes across 21 key indicators of housing-market attractiveness and economic strength. Our data set ranges from median home-price appreciation to home sales turnover rate to job growth. Read on for our findings, a ranking of the cities based on size and expert insight from a panel of researchers.
Best & Worst Real-Estate Markets