The real estate market these days can confuse and confuse even the experts. To be honest, I’m much more interested in real estate than I was before (mostly thanks to you) cory bishop and peter west of Bishop West Real Estate It’s really just people who co-host a Friday morning show once a month. They make real estate topics very interesting and informative, but 90% of the time I still don’t understand much of it.
Let WalletHub’s personal finance experts release another fascinating report. With mortgage rates continuing to rise (seemingly) forever, the WalletHub team decided to investigate the best and worst real estate markets ever in 2023.
The folks at WalletHub looked at 300 cities and compared several key metrics, including job growth, percentage of people in mortgage defaults, foreclosure rates, and average home price growth.
The results show that the Lone Star State is performing extremely well, accounting for a total of five of the top 10 best real estate markets in Texas.On the other hand, the lower ranks of the rankings (or worst real estate market), Massachusetts has appeared several times.
here it is Top 10 Best Real Estate Markets of 2023as reported by WalletHub:
- McKinney, Texas
- Frisco, Texas
- Nashville, Tennessee
- Denton, Texas
- Cary, North Carolina
- allen, texas
- Durham, North Carolina
- Austin, Texas
- Port Saint Lucie, Florida
- Gilbert, Arizona
The Commonwealth has four cities in the bottom 50 and is part of the 2023 Cities of the Year list. worst real estate market. They are as follows (rankings in parentheses): new bedford(#254); fall river(#257); brockton(#274); and springfield(#285).
See the full report on WalletHub’s website. And thanks again to WalletHub for all the hard work.
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