The Best Real Estate Market of 2017 Is …

The Lone Star State emerged as the nation’s leader when it came to housing appeal, with five Texas metros occupying the top 10 spots in WalletHub’s newly released listing 2017’s Best Real Estate Markets.

 

WalletHub analyzed 300 cities across 21 metrics, ranging from median home price appreciation to home sales turnover rate to job growth. Texas markets dominated the top of the list, with Frisco in first place, McKinney in second, Allen in third, Richardson in fifth and Carrollton in eighth. Allen was cited as having the nation’s lowest vacancy rate at 1.91 percent—Miami Beach had the highest at 36.47 percent—while Mesquite, Texas, tied with Seattle and three California markets (Berkeley, Sunnyvale and San Mateo) with the lowest average number of days until a house is sold, 36.

 

At the other end of the spectrum, Newark, N.J., ranked last among the 300 markets analyzed by WalletHub, and the city also had the highest number of days until a house is sold, at 186. Two other New Jersey cities (Paterson and Elizabeth) and four Connecticut cities (Bridgeport, Hartford, Waterbury and New Haven) were among the bottom dwellers on the WalletHub list.

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