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

3. Bethesda-Rockville-Frederick, Md.

Job growth: 2.8%
Vacancy rate: 1.2%
Construction permits: 6.7 per 1,000 homes

The 2.8% job growth in the first 10 months of 2012 was one of the highest rates in the United States. Area home prices have been pushed upwards by limited supply: the Bethesda-Rockville-Frederick area had one of the nation’s lowest vacancy rates, at 1.2% in November, as well as one of its lowest foreclosure inventories, at just 2.7 homes per 1,000 units during October. Through November, the asking price per square foot for homes in the area was lower than only 14 other metro areas. Over the last year, asking prices have risen just 5.5% and median price per square foot was $169.15, slightly higher than Washington, D.C.
(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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