Regardless of what you may see on those house-hunting shows on TV, a lot more goes into purchasing a home than simply finding an agent and visiting three houses. It's important to take economics into consideration, that's where Wallet Hub comes in. They researched 300 real estate markets across the country, and created a convenient map of best and worst ones.
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Using Zillow's home value forecast, Wallet Hub evaluated real estate markets based on a weighted average of two determinants: real estate market, and affordability and economic environment. Using 21 pertinent metrics, Wallet Hub's analysts graded the markets on a 100 point scale to determine its ranking.
Five of the top contenders for best markets in the U.S. are in Texas, within a 25 mile radius of one another. In short, the Dallas suburb market is booming, y'all. Bringing up the rear, the bottom 10 markets are almost all in the Northeast, including three in New Jersey and four in Connecticut. Read on to find out the 10 best markets, and check out the map to see how your city ranked.
10. Denver, Colo.
9. Nashville, Tenn.
8. Carrollton, Texas
7. Bellevue, Wash.
6. Seattle, Wash.
5. Richardson, Texas
4. Carey, N.C.
3. Allen, Texas
2. McKinney, Texas
1. Frisco, Texas
