Kirkwood, Webster, St. Louis, St. Louis County, Missouri
There is good news. For the second time running, Forbes magazine surveyed the 40 largest metropolitan areas looking for cities where home prices have appreciated over the last two years. Among the metrics measured were vacancy rates. Forbes gave extra points to cities where rents are significantly higher than a buyer would pay for the same home.
Financially, at least, the best places to buy houses are those where the buying cost is less than renting, tax incentives are attractive, and there's an opportunity to build equity. Texas dominated the magazine's list because of its healthy job market and growing tax revenues but St. Louis ranked third out of the top ten!
1. Houston, TX 4. Philadelphia, PA 7. Charlotte, NC 9. Jacksonville, FL 2. Austin, TX 5. San Antonio, TX 8. San Francisco, CA 10. Atlanta, GA 3. St. Louis, MO 6. Dallas, TX
If you want more exact information on your zipcode, it is readily available by contacting our Broker, Nancy Jackson. In the meantime, check out the activity in our office!
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