Some of the most attractive real estate markets in the country are Dallas suburbs. That’s according to a recently released study from the personal finance website WalletHub.
Analysts looked at 300 cities across the nation, then compared and ranked them in terms of 18 key metrics of economic strength and the attractiveness of the housing market. They considered everything from job growth to median home price appreciation.
Analysts also looked at things like the foreclosure and vacancy rate, building permit activity and the home value forecast. In addition, they considered the ratio of rent price to sale price, housing and maintenance affordability, the population growth rate and the unemployment rate.
When everything was tallied, four Dallas suburbs had a spot on the list of the nation’s top 10 markets. DFW's Frisco took the very top spot, while McKinney, Denton, and Allen also ranked high on the list. Not only did Frisco come in at number one, but with an overall score topping 75, the suburb also took the top spot for affordability and economic environment.
Frisco additionally topped the list of midsize cities with between 150,000 to 300,000 residents. Separately, Denton topped the list of small cities with a population under 150,000 people.