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Welcome to my blog! It's a blog about real estate served up with equal parts of information, inspiration and my travel adventures. I hope to provide the kind of information that can be useful to people active or interested in the Austin real estate market as well as anyone who may be an avid traveler like myself. Share your ideas here. I'd love to hear from you ... and hopefully make your comments into conversations. I hope it will be enjoyed by both real estate professionals and the general public alike. If you'd like to contribute to this blog, please email me at Debbie@DeBalko.net

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Top 10 Cities to Buy a Home

Posted at 6:58 AM, Jul. 16, 2008

Daily Real Estate News  |  July 15, 2008

Financially, at least, the best places to buy houses are those where buying costs less than renting, tax incentives are attractive, and there’s an opportunity to build equity.

Forbes magazine surveyed the 40 largest metropolitan area housing metrics looking for cities where home prices have appreciated over the last two years. It also measured vacancy rates. And it gave extra points to cities where rents are significantly higher than a buyer would pay for the same home.

Texas dominated the magazine’s list because of its healthy job market and growing tax revenues.

Here are the 10 cities that topped Forbes’ best-places-to-buy list
  1. Houston
  2. Austin, Texas
  3. St. Louis
  4. Philadelphia
  5. San Antonio, Texas
  6. Dallas
  7. Charlotte, N.C.
  8. San Francisco
  9. Jacksonville, Fla.
  10. Atlanta

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