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Austin, San Antonio top Fortune's hottest real estate markets for 2016


Great acclaim and great popularity. That’s been the story of Austin and San Antonio for the last several years, as the two cities have appeared on numerous “Best of” lists, swelled in population, and enjoyed their positions as two of the fastest-growing cities in the nation. And they’re not done yet. Fortune just released its list of the Best Real Estate Markets for 2016, with Austin and San Antonio sitting at No. 3 and No. 5, respectively.

“Trulia Housing Economist Ralph McLaughlin cast a wider net when deciding at which home markets interested him most,” said Fortune. “He looked at five metrics: strong job growth over the past year, low vacancy rates, high affordability, more inbound home searches than outbound, and a large share of millennials.

Austin, San Antonio Named Best Buy Cities

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.”

Best Holiday Spots in San Antonio

Southern Living compiled a list of the best holiday spots around San Antonio, Texas.

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