Housing’s back. Indeed, the same industry that sent the U.S. economy into freefall nearly a decade ago is on its feet again. The trust issues linger among Americans, however, fearing another housing crisis as real-estate markets heat up across U.S. metro areas.
But there’s evidence to the contrary. Citing U.S. Census Bureau data, the New York Times recentlyreported that sales of new single-family homes were higher this past July than in nearly 10 years. Nationwide, which tracks the health of U.S. real estate, reported at the end of quarter two that “the overall U.S. housing market is sustainable,” adding that “few regional housing markets are vulnerable to a housing downturn.”
In light of such good news, WalletHub’s analysts compared 300 U.S. cities across 16 key metrics to help prospective home buyers find the most attractive real-estate markets. Our data set ranges from “median home-price appreciation” to “housing affordability” to “job growth.” Scroll down for the complete ranking, additional expert commentary and a full description of our methodology.
