Texas Dominates Top U.S. Housing Markets: Study | Tacoma News Tribune

To rank local real estate markets, WalletHub measured housing-market attractiveness and economic strength. With mortgage rates and home prices still way above pre-pandemic levels, despite moderating in recent months, prospective home buyers are having trouble finding a decent deal. So how might you go about looking for your piece of the American Dream?

Thomas Nesslein, business school professor, University of Wisconsin-Green Bay notes several oft-neglected factors that homebuyers should consider. “Owners must pay in addition to the loan payment expenses such as property taxes, maintenance costs, and depreciation,” he said. And they could lose the potential return on their down payment.

Source: Texas Dominates Top U.S. Housing Markets: Study | Tacoma News Tribune