Sunday, July 12, 2009

Money & Business

The Home Front by Alex Markels

Forbes’s Top 10 Cities to Buy a Home

July 16, 2008 03:06 PM ET | Luke Mullins | Permanent Link | Print

As the national real estate market continues writhing in turmoil, Forbes has released a list of 10 places "buyers can feel safe investing in."

From Forbes.com:

We examined the country's 40 largest metropolitan areas and looked at cities where home prices have appreciated over the last two years. We also measured tightening vacancy rates. These metrics indicate places where buyers are investing in homes in order to live, not just make a quick buck, and where the housing market is relatively solid. We culled our vacancy and home price information from the U.S. Census Bureau and the National Association of Realtors.

Here's the list, via Realtor.com:

1. Houston

2. Austin

3. St. Louis

4. Philadelphia

5. San Antonio

6. Dallas

7. Charlotte, N.C.

8. San Francisco

9. Jacksonville, Fla.

10. Atlanta

Tags: real estate | housing market

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Reader Comments

Where to buy gas

Using the same logic.

Gas prices have risen the most in Birmingham, AL so it must be the best city to buy gas.

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Associate Editor Luke Mullins tracks the treacherous housing market and explains how to unload a five-bedroom McMansion or even find that dream home.

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