Throughout the country, the real estate market is making a spectacular comeback. Banks are once more lending, new homes are being constructed as we speak, and prices continue to drop. There are many aspects to consider when relocating, such as the median income, real estate market growth, the unemployment numbers, crime rate, education, infrastructure, and job growth.
Fort Worth, Texas
With the lowest house prices on the list, Fort Worth is currently one of the country’s most flourishing cities, with a low unemployment rate and low cost of living. It offers something for every taste, from historical landmarks to restaurants, rodeo, nightlife, and great education if you plan to raise a family here.
Charlotte, North Carolina
With a low cost of living and a high homeownership rate, it is one of the most affordable cities in the country when it comes to buying a new home. With award-winning schools and large public parks, it is a great place to raise a family.
Las Vegas, Nevada
One of the most popular cities in the country, Las Vegas is often associated with entertainment and casinos, which is why most people are surprised when it is brought up in a discussion about the best cities in the US for home buyers. In the 1990s, the housing boom left Las Vegas with more homes than it can handle and, inevitably, prices dropped.
Famous for its music festivals, also known as the Live Music Capitol of the World, Austin is any music lover’s dream to live in. With affordable homes that cost an average 7.5 times the median income, a low unemployment rate, and a blooming job growth, it is one of the best cities in the US for home buyers.
Boasting with one of the highest ownership rate in the country, Jacksonville not only has 20 miles of beaches, but also numerous museums, great education, and plenty of outdoor activities for every taste.
El Paso, Texas
If you are planning to relocate and buy a new home, you should consider El Paso’s great features like its high homeownership rate, low crime rate, great education, and low cost of living. The friendly climate and the neighboring Franklin Mountains make El Paso great for outdoor activities. Plus, if you are a Mexican food lover, this is the place where to pamper your taste buds.
With a high median income and relatively affordable homes, Denver is one of the best cities to move to in the US. Nature lovers will find that the lovely landscapes this city overlooks are enough to compensate for the relatively high prices. Denver has something for every taste, from sports teams, delicious cuisine, and the neighboring mountains to hike and explore.
With a below average cost of living and a moderate median income, Phoenix is one of the best places to relocate to in the US. Homes are affordable, and there’s always the nearby Grand Canyon to explore and brag about to your friends.
One of the most affordable cities in the US, almost every resident of Indianapolis owns a home. Plus, the low cost of living and the great educational institutions are reason enough for anyone to want to move here.
One of those cities where it is more affordable to buy than rent, Atlanta is home to some of the most affordable houses in the country. What’s even better is that prices continue to drop every year.
Bruce Cloud is a real estate and finance blogger. He is also part of Doobek’s team. If you’re looking for home addition contractors, fee free to head over to Doobek’s website and contact them for a quote.