According to Inman News and Realtor.com, Austin, Texas ranked high in the latest top 10 investment markets. Coming in at #2 on the list, outranked by only Tucson, Arizona, this is just one more achievement in Austin's long list of recent high survey rankings.
Built from Realtor.com data updated through February 2012, the report put Austin as the second highest current real estate markets to invest in. The top 10 list was built by analyzing the housing inventories, price trends and unemployment rates from the Bureau of Labor Statistics for 146 markets Realtor.com tracks.
Austin, Texas with a median list price of $229,500, boasted a 12 percent year-over-year increase, and low relative unemployment (6.3 percent as of December 2011). Kansas City, Baltimore, and Forth Worth round out the Top 5. Click on the link below for more details on the top 10 list:
To See More of Austin's Rankings and Achievements:
