Are you thinking about retiring or relocating? Where should you move.. Florida? CA? MN?.. The beach?.. All of those places sound fun, though are they really the smartest place to move? After looking at the current economy and truly feeling the financial burden, wouldn't moving in general be out of the question for most Americans?
Today actually is the best time to move, as long as you move to the best location. I can tell you that moving to Dallas is the best location, though I might as well let you read if yourself from Forbes magazine. Notice that Dallas is number 6 in the nation; though, 4 of the top 6 six cities are in Texas. (and truly who wants to live in Houston??!!)
Top 10 Cities to Buy a Home
Financially, at least, the best places to buy houses are those where buying costs less than renting, tax incentives are attractive, and there’s an opportunity to build equity.
Forbes magazine surveyed the 40 largest metropolitan area housing metrics looking for cities where home prices have appreciated over the last two years. It also measured vacancy rates. And it gave extra points to cities where rents are significantly higher than a buyer would pay for the same home.
Texas dominated the magazine’s list because of its healthy job market and growing tax revenues.
Here are the 10 cities that topped Forbes’ best-places-to-buy list:
- Austin, Texas
- St. Louis
- San Antonio, Texas
- Charlotte, N.C.
- San Francisco
- Jacksonville, Fla.
Source: Forbes, Maurna Desmond