18 Oct Texas cities including Dallas top list of hot home markets
Texas cities took all the top spots in a new ranking of the country’s hottest housing markets.
San Antonio, Fort Worth and Dallas got the highest scores out of 50 cities ranked by Ten-X, an online real estate sales firm.
Austin also made it into the top 10 in Ten-X’s fall 2017 housing report.
“The three Texas cities saw double-digit home price gains, yet they remain very affordable areas to buy homes, indicating they have a bright outlook ahead,” the real estate firm’s report said.
Columbus, Ohio, and Tampa, Fla., also got the nod for their housing markets.
“The cities at the top of our list have consistently seen the most favorable market factors,” Ten-X executive vice president Rick Sharga said in a statement. “However, hot housing markets can come and go.
“It remains to be seen what impact Hurricanes Harvey and Irma will have on construction labor forces and housing inventory in Texas and Florida,” he said. “Meanwhile, Southern California and Northeast markets continue to cool due to soaring prices and low inventory, which keeps homeownership out of reach for many first-time buyers.”
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