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WalletHub study: 2022’s best real-estate markets

With home values up around 21% in the past year and mortgage rates having almost doubled, the personal-finance website WalletHub released its report on 2022’s Best Real-Estate Markets, as well as accompanying videos and expert commentary.

To determine the most attractive real-estate markets in the U.S., WalletHub compared 300 cities across 17 key metrics. The data set ranges from median home-price appreciation to job growth.

Best Real-Estate Markets Worst Real-Estate Markets
1. Frisco, TX 291. Baltimore, MD
2. Allen, TX 292. Columbus, GA
3. McKinney, TX 293. Baton Rouge, LA
4. Austin, TX 294. Rockford, IL
5. Nashville, TN 295. Cleveland, OH
6. Cary, NC 296. Hartford, CT
7. Gilbert, AZ 297. St. Louis, MO
8. Denton, TX 298. Shreveport, LA
9. Peoria, AZ 299. Bridgeport, CT
10. Richardson, TX 300. Peoria, IL

 Best vs. Worst

  • Daly City and San Mateo, California, have the lowest share of seriously underwater mortgages, 0.66 percent, which is 26.8 times lower than in St. Louis, Missouri, the city with the highest at 17.68 percent.
     
  • South Gate, California, has the lowest vacancy rate, 1.97 percent, which is 18 times lower than in Miami Beach, Florida, the city with the highest at 35.42 percent.
     
  • Flint, Michigan, has the lowest home price as a share of income, 104.33 percent, which is 14.2 times lower than in Santa Monica, California, the city with the highest at 1,477.21 percent.

To view the full report and your city’s rank, please visit: 
https://wallethub.com/edu/best-real-estate-markets/14889

This article was released by WalletHub.