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The Urban Land Institute’s annual look at the year ahead cited Austin, Texas, as the top U.S. real estate market for 2020.

“Austin is number one, rising from sixth place a year ago to first in overall real estate prospects and from fourth to first place in local expectation of investor demand in 2020,” according to the Emerging Trends in Real Estate report. The analysis considered many salient features: Its slogan “Keep Austin Weird”, its deep pool of talent, unique and popular lifestyle, and ambitious commitment to business and real estate expansion.”

The report also noted Austin’s negatives: “Traffic is an ongoing issue,” the report said. “Housing affordability pressures are rising. These could be exacerbated since Austin has the highest projected population growth rate for the coming five years among the 80 markets we analyze.”

Below are the top 10 Real Estate Markets for 2020:

  1. Austin, Texas
  2. Raleigh/Durham, North Carolina
  3. Nashville, Tennesse
  4. Charlotte, North Carolina
  5. Boston
  6. Dallas/Fort Worth
  7. Orlando, Florida
  8. Atlanta
  9. Los Angeles
  10. Seattle

Read Full Article [Source: www.housingwire.com]

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