September 19, 2021
Real Estate

Red-hot Austin takes title as No. 2 U.S. housing market, report says

At least by one measure, the Austin-area housing market is 100-degrees-in-the-summer hot.

study released August 24 by personal finance website WalletHub ranks Austin among the 10 most attractive real estate markets in the U.S.

To determine the most attractive real estate markets, WalletHub compared 300 cities across 18 key metrics. The data ranges from appreciation of median home price to job growth.

With an overall rank of No. 2 on WalletHub’s Best Places to Buy a House list, Austin also lands in the No. 1 spot in terms of large cities with hot real estate markets.

This may seem counterintuitive to Austinites who have witnessed the meteoric rise home prices in the past decade, but the city’s culture, climate, and industry continue to drive homebuyers to Austin.

According to the latest housing market figures for Austin, though the number of home…

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