A recently released study to determine the “Best Housing Markets,” taking into account growth and stability, has ranked Dallas as the 7th best in the nation.
The study conducted by SmartAsset, a finance website, is Titled, “Best (and Worst) Housing Markets for Growth and Stability – 2022 Edition.” Researched for the study involved using home value data across 400 metropolitan areas in the United States, starting with the first quarter of 1997 and each quarter thereafter through the last quarter of 2021.
The results were impressive for the Lone Star state. Texas metro areas took up half of the top 20 spots on the list. The Dallas-Plano-Irving area came in at seventh place with an increase in prices from 1997 through 2021 of 228%. Austin was ranked No. 1 with a 368% increase, the largest jump in home pricing in the study.
The explanation for the Lone Star State’s outstanding showing on the list can be traced to its employment growth, which for November exceeded its pre-pandemic employment high.
Real estate agencies frequently utilize flyer printing services to assist them in finding buyers.
Austin was joined by fellow Texas city Midland in the top five. Boulder, Colorada came second, with Rapid City, South Dakota and Fort Collins, Colorado making up the highest-ranked quintet of areas.
At the other end of the scale, the metro area with the worst housing markets was Flint, Michigan.
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