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Austin, San Antonio Named Best Buy Cities

Posted by Vintage Oaks
08.20.15

Topics: San Antonio/ Surrounding Areas

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Count another impressive title for Austin, which was named the No. 1 Best Buy City by Forbes. Using information from North Carolina-based data company Local Market Monitor and factors including population and employment growth, annual home price growth, and home price/rent ratio in more than 300 housing markets, Austin was rated the top choice in which to “invest in housing this year.”

“There are plenty of places where housing should be a pretty safe bet,” they said. “The key is to buy in cities with strong job growth that people are moving to.”

San Antonio was No. 6 on this list, and both cities have repeatedly been recognized for their strong economies and job prospects. Austin was ranked by Forbes as the Best City for Future Job Growth and by NerdWallet as the 6th-Best City for Jobseekers, and Forbes named the San Antonio-New Braunfels metro area the 10th-Best Big City for Jobs and one of the Best Places for Business and Careers. 

In case that wasn’t enough, leading real estate analyst Metrostudy’s second quarter 2015 Home Building Outlook spotlighted both cities as two of the top three housing markets in the country, essentially sandwiching the Texas Hill Country in more good news. 

For those who want to be convenient to Austin and San Antonio and have access to the many large employers in these two large cities but with scenic, peaceful surroundings and small-town charm, New Braunfels is an easy choice for today’s buyers. Home prices within the San Antonio-New Braunfels metropolitan area are up 5.3 percent over this time last year, according to the latest CoreLogic Home Price Index.

New Braunfels is also one of the fastest-growing cities in the country, with 4.8 percent growth over the past year, according to Yahoo.

Within the city, Vintage Oaks is its top masterplan, growing faster than any other thanks to its combination of ideal location on the Texas Wine Trail, array of homes and homesites, breathtaking Hill Country views, and resort-style amenities including pools, a lazy river, walking trails, and ball fields.

For more information, visit Vintage Oaks or click below to download our free Hill Country Real Estate Buying Guide.

 Click to Get Your Hill Country Real Estate Buying Guide