McKinney is the top real estate market in the country

by Emily Marek

Thanks to factors like recent growth and a large inventory of new homes, McKinney ranked as the No. 1 real estate market in the country on WalletHub’s annual ranking.

The finance site ranked 300 U.S. cities on metrics like home values, foreclosure rates, vacancy rates, affordability, population growth and more and placed McKinney in the top spot among cities of all sizes.

The Dallas suburb has the second-highest share of houses built post-2010 at 38%, meaning homes aren’t as likely to need numerous repairs, WalletHub said. And while the city isn’t necessarily inexpensive — it ranked as the 74th-cheapest city — it’s among the cheapest places for maintenance, telephone and energy costs.

Job growth is also booming at 21% annually, the 11th-highest rate in the nation.

Several other Dallas-area cities ranked high on WalletHub’s list, including Richardson (No. 5), Frisco (No. 6), Denton (No. 9), Allen (No. 10) and Fort Worth (No. 17).

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