Texas rules a study by SmartAsset that evaluated the best and worst real estate markets when it comes to growth and stability.
Texas had 5 cities in the Top 10 and 9 cities in the Top 20, which is not that surprising when you consider how much real estate growth the Lone Star State has seen in recent years.
SmartAsset compared home value data in 400 metropolitan areas across the U.S. and looked at statistics from every quarter from the first quarter of 1997 through the fourth quarter of 2021.
The Austin-Round Rock-Georgetown metro area was named to the No. 1 spot. This is what SmartAsset said: "Home prices increased nearly 368% from 1997 through the end of 2021, the highest increase among all 400 metro areas in our study. Meanwhile, there was a 0% chance that a home would suffer a 5% drop in price within 10 years of being purchased."
The Dallas-Plano-Irving metro area came in at No. 7 and the Fort Worth-Irving metro area was No. 15.