Four of the Lone Star state’s northern cities were included in the nation’s top cities for purchasing a house with Frisco out ranking the others at No. 3.
The other North Texas cities were Denton at No. 9 and Allen and McKinney at No. 14 and No. 16 respectively. In addition to its third-place ranking, Frisco also was No. 1 for rate of job growth and population growth and can boast the second lowest rate for foreclosures. The city also came in second overall among midsize municipalities.
Real estate agents in their quest to facilitate the transfer of property frequently include favorable rankings such as these on their Business Cards.
In ranking the 2020 “Best Real-Estate Markets”, WalletHub used 24 criteria among which were building permit activity, share of young homes and vacancy rates. Plus, for 2020, a special indicator will be included – how the home state of each city ranked on WalletHub’s earlier report, “States with the Best Health Infrastructure for Coronavirus”.
A number of other North Texas cities were included on the list of 300 communities: Fort Worth was 35th and Irving was 41st while Grand Prairie came in at No. 50, Richardson following at No. 70. Further down the list were No. 92 – Plano, Arlington at No. 97 and Garland, Mesquite, and Dallas in 98, 160, and 219 respectively.
The only two cities ranking higher on the “Best Real-Estate Markets” list were Boise, Idaho at No. 1 and Seattle, Washington at No. 2.
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