Whether it's your first time buying a property or you're a well-established investor looking for new places to invest in, there are plenty of things to consider especially if you're looking for the best cities to invest in this year. One thing you should definitely look into is to make sure that the city has a strong job growth so there will be a handful of tenants looking for houses (especially if you're planning to rent out your properties soon).
Aside from strong job growth, better take population and low home prices into consideration as well. Here is a list from Forbes of the Top 10 Cities to Invest in Housing in 2015. Take note that the cities in this list were considered due to the increasing number of job opportunities and populations.
Austin, Texas
Population: 1, 883, 051
Average Home Price: $261,923
Job Growth (annual): 3.6%
Provo, Utah
Population: 562, 239
Average Home Price: $211,273
Job Growth (annual): 3.0%
Houston, Texas
Population: 6, 313, 158
Average Home Price: $214, 049
Job Growth (annual): 4.1%
Orlando, Florida
Population: 2, 267, 846
Average Home Price: $187,568
Job Growth (annual): 3.6%
Dallas, Texas
Population: 4,500,745
Average Home Price: $197,159
Job Growth (annual): 3.8%
San Antonio, Texas
Population: 2,277,550
Average Home Price: $189,080
Job Growth (annual): 2.5%
Denver, Colorado
Population: 2, 697, 476
Average Home Price: $278,130
Job Growth (annual): 2.6%
Boise, Idaho
Population: 650,288
Average Home Price: $183,649
Job Growth (annual): 2.2%
Oklahoma City, Oklahoma
Population: 1,319,677
Average Home Price: $166,044
Job Growth (annual): 3.3%
Fort Worth, Texas
Population: 2,310,168
Average Home Price: $180,312
Job Growth (annual): 2.6%
In the previous year's list of best cities to Invest in housing, Fort Worth-Arlington, Texas came in first with an actual home price of $168,383. Dallas-Plano-Irving, Texas then came second with $180,645 actual home price.
