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24/7 Wall St.: The Best Housing Markets for 2013

4. San Antonio, Texas

Job growth: 2.7%
Vacancy rate: 2.8%
Construction permits: 8.5 per 1,000 homes

San Antonio is one of four top housing markets for 2013 located in Texas. Through November, the median asking price per square foot in the area was just $88.44, less than nearly two-thirds of the nation’s largest real estate markets. Also, as of November, asking prices in the area had risen just 0.8% from the year before, less than any other top market for 2013. But like other areas in Texas, including Austin, Fort Worth and Houston, San Antonio is building rapidly. For the first 10 months of 2012, there were 8.5 construction permits per 1,000 units in the metro area, faster than all but 14 other areas in the United States. The region also was relatively unaffected by the housing crisis, as home prices fell by 3.2% from peak-to-trough.
(iStock)

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The 10 Most Expensive Cities To Buy A Home
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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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