Best City to Invest in Housing in 2017?

Best City to Invest in Housing In 2017?


Forbes has named Dallas the best city in America to buy a home. Dallas takes the top spot after ranking No. 6 in 2016.


Home prices in Dallas are expected to grow the most of any city in its new ranking, according to Forbes. Informing that forecast is an anticipated 6.2 percent three-year population growth, 3.9 percent job gains last year and 9 percent annual home price gains.


To create the list, Forbes teamed up with Local Market Monitor, a North Carolina-based company that tracks more than 300 housing markets. Local Market Monitor forecasts home prices in Dallas will increase 31 percent by 2020.


Texas not only holds the top spot on the 2017 Forbes list but the second most spots overall, with Forth Worth at No. 9 and San Antonio at 20. Opportunity and affordable housing led more people to relocate from other states to Texas in 2015 than any other state besides Florida.


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