McKinley Homes has expanded its portfolio with the acquisition of Liberty Home Builders Houston, a deal that adds six residential subdivisions to the company’s growing presence in Texas. 

Homes in the subdivisions sell for under $400,000 and will now operate under McKinley Homes Houston, the Atlanta Business Chronicle reported. 

The subdivisions include Barton Place in Cleveland, Texas, Encino Estates in Dayton, Texas, King Mills in Kingwood, Anderson Lake in Southwest Houston, and Stone Creek Ranch in Hockley, according to Liberty’s website. Zelman, a subsidiary of Walker & Dunlop, served as the exclusive sell-side financial advisor to Liberty Home Builders.

The financial details of the purchase weren’t disclosed. A Liberty Homes division in San Antonio wasn’t part of the deal.

McKinley Homes Houston Division corporate offices will be located at the former Liberty Home Builders office at 2821 Jordens Road. 

Damon Sachs, the former president of Liberty Home Builders Houston, will take on the role of president of McKinley Homes Houston. Johnny Sullivan and Dennis Ulanday, who have also been with Liberty, will serve as vice presidents of construction and sales, respectively.

The move marks a significant expansion for McKinley Homes, which manages a portfolio of 6,000 lots across five states, including single-family homes, townhouses, multifamily high-rises and office buildings. 

The acquisition not only strengthens McKinley’s foothold in one of the nation’s fastest-growing markets but also brings experienced local leadership to the forefront, according to Jinsong Yang, managing member of McKinley Homes. 

The company is searching for opportunities to buy land and communities, Yang said. 

Houston’s housing market ranked second in Texas for new home sales this year, with 32,791, according to Zonda. The multifamily sector is also growing, with 21,500 units expected to be completed this year, the highest number since 2017.

— Andrew Terrell

Read more

“This is amazing” — Landsea Homes rides wave of Texas growth

Harris County among most-affordable home-buying markets in the U.S.

Houston resi market finally blooms, luxury sales see 34% uptick

© anyaberkut – iStock/Getty Images Plus

A new generation of home buyers is beginning the house hunt not by searching online listings or participating in virtual tours and open houses. Instead, young buyers are connecting with REALTORS® and researching properties and neighborhoods on social media platforms like TikTok, Instagram and YouTube. (On TikTok, the hashtag #realestate has over 5 million posts.)

These platforms are popular avenues for Gen Z and millennials to consume information in general. One report found that a whopping 80% of Gen Zers spend time on YouTube, another 75% on Instagram and about 60% on TikTok. And 35% of all Gen Zers spend over four hours each day on social media.

But Gen Zers and millennials aren’t the only ones using social media platforms as their primary source of finding information. According to one forecast, approximately 11.3 million baby boomers will purchase a product via social media. Another study found that 83.9% of baby boomers say they feel like social media has improved their lives.

What does this mean for real estate professionals? Now more than ever, establishing an online presence across a wide variety of media platforms is incredibly important to having a successful business.

The Importance of Building a Digital Brand

Having active, up-to-date profiles on all social media platforms will give practitioners a much better chance of reaching their target audience. Social media can help you position yourself as an expert and make important connections with other leaders in the industry. You can also use social media as a tool to educate buyers who may not be familiar with all the ins and outs of purchasing a home, further boosting your credibility.

Perhaps the most powerful opportunity in social media is generating referrals and driving traffic to your website. When people discover you and are ready to take the next step in their homebuying journey, that’s when they visit your website. And that’s where you can convert them into leads.

Standing Out in the Digital Age

Where do you even begin in setting up a high-quality, intentionally crafted online presence, especially across multiple platforms? Here are a few tips to help you get started.

1. Make sure you have a website that you can link to in your social media “bio” section. Often, people will look at your social media profiles as a preview of what you do and who you are, and they’ll want to visit your website for the bigger picture. You’ll need to make sure that your website is simple, professional and easy to use and that it includes multiple reminders to contact you via email or phone. You can quickly create a sleek, professional website with a .realtor domain, which is one of your exclusive benefits as an NAR member.
2. Build up content that you can spread out over the week, and consider using an automation tool to schedule and publish posts. Find a day where your workload is a little lighter than usual and create as much content as you can in one go. Once you’ve created and edited this content to your satisfaction, you can schedule it to post on certain days of the week, taking the timing pressure off. Many platforms have free built-in tools that allow you to schedule the posts to publish ahead of time.
3. Set aside time to respond to messages and comments. While you want to try and respond to audience interactions as quickly as possible, sometimes there will be comments or questions that require more thought. Depending on the growth of your following, you may also have an overwhelming amount of interactions on your profiles. Set aside an hour or so each day to go through and reply to messages and comments.

Leveraging the .realtor Domain and Website

NAR members can claim their .realtor domain (free for the first year), which includes a professional website with a number of templates to choose from. You can even choose to pay for concierge services that will help you register your domain, connect your social media, add a photo gallery and more.

Having a .realtor domain immediately tells customers that you’re a trustworthy, reliable real estate expert. It tells people what you do in an instant. Your website will help you stand head and shoulders above the competition, all while providing potential clients an easy and effortless way to access your accomplishments, the areas you service, and your digital portfolio.

Social media is here to stay. The digital world is rapidly changing the way that people approach home buying, and it will continue to create trends that impact the real estate industry. So, don’t miss out! Get started with your .realtor domain so you can begin building your digital brand and guarantee future business growth.

• Home prices grew 0.5% month over month in September, the fastest pace since April.
• On a year-over-year basis, home prices rose 6%, the smallest annual increase since December.
• 13 of the 50 most populous U.S. metros recorded a drop in home prices month over month.

U.S. home prices grew 0.5% from a month earlier in September on a seasonally adjusted basis.  That’s the fastest pace since April and the third consecutive month where the growth rate has increased.

On a year-over-year basis, home prices rose 6%, the lowest annual increase since December. 

This is according to the Redfin Home Price Index (RHPI), which uses the repeat-sales pricing method to calculate seasonally adjusted changes in prices of single-family homes. The RHPI measures sale prices of homes that sold during a given period, and how those prices have changed since the last time those same homes sold. It’s similar to the S&P CoreLogic Case-Shiller Home Price Indices but is published more than one month earlier. September data covers the three months ending September 30, 2024. Read the full RHPI methodology here.

Mortgage affordability improved in September when rates dropped as low as 6.08%, but home prices are continuing to tick up because demand outweighs supply. 

“There are around 20% fewer homes on the market today than there were five years ago, mainly because so many homeowners locked in a low mortgage rate during the pandemic,” said Redfin Senior Economist Sheharyar Bokhari. “With mortgage rates back above 6.5% this month—and unlikely to drop below 6% this year—home prices will likely continue their consistent climb until more inventory comes onto the market in the spring.”  

Metro-Level Summary: Redfin Home Price Index, September 2024

Thirteen of the 50 most populous U.S. metro areas recorded a seasonally adjusted drop in home prices in September, month over month. 

The biggest decline in September was in San Antonio, TX (-1%), followed by Fort Lauderdale, FL (-0.9%) and Fort Worth, TX (-0.5%). The highest month over month gains were recorded in Nassau County, NY (1.7%), Philadelphia (1.6%) and Virginia Beach, VA (1.4%).

SEATTLE, Oct.14 , 2024 /PRNewswire/ — Recent Zillow® research shows Hispanic homeowners making strides in narrowing the home value gap with white homeowners over the past two years, regaining ground lost during the pandemic. The gap is now the narrowest ever observed.

Hispanic-owned homes are currently worth 11.9% less than homes owned by non-Hispanic white households, down from 12.1% last year and a recent high of 12.4% in December 2021. The gap was as wide as 18% in 2012, following the global financial crisis of 2007–2009, when many minority communities were hit especially hard, setting back progress by several years. The slow climb back continued steadily until interrupted in 2021, but the course has now been corrected.

“Homeownership stands as a cornerstone for building wealth, yet systemic barriers have unfairly hindered many people of color from acquiring homes valued comparably to those of their white counterparts,” said Treh Manhertz, Zillow senior economic research scientist. “Efforts to improve access to down payment assistance, credit-building programs, zoning reforms, and affordable housing construction and preservation in desirable areas are key initiatives to help this progress continue.”

More of Hispanic homeowners‘ wealth is typically tied up in their primary residence, relative to homeowners of other races, so home value fluctuations have an outsize effect on them. There is positive movement toward equity at the local level. More than two-thirds of the 100 largest metro areas saw the home value gap decrease for Hispanic homeowners over the past year. For example, significant reductions were observed in several large Florida markets, including Miami, Orlando and Tampa.

Several metros with larger-than-average Hispanic/white home value gaps also saw their gaps narrow. Of the 40 largest metros with gaps larger than the national average, 31 of them reduced their gap by more than the national average. Los Angeles has the largest home value gap, with 32% lower home values for Hispanic residents compared to white residents. The gap in that metro shrunk by 0.75 percentage points in the past year.

However, while gradual progress is being made in closing the gap, the jump into homeownership remains a significant hurdle for Hispanics. According to Zillow’s 2024 Consumer Housing Trends Report, Hispanics represent 18% of prospective buyers, but 13% of successful purchasers. Data from the Homeowners Mortgage Disclosure Act shows that Hispanics face higher fees when purchasing a home, averaging $2,812 compared to the national average of $2,072. Mortgage denial rates are also notably higher for Hispanic borrowers, with 18.8% experiencing denials compared to 10% for non-Hispanic whites, often due to elevated debt-to-income ratios, which account for 38% of denials.

Zillow’s analysis indicates that the home value gap for Black homeowners has slightly narrowed over the past year as well, to 17.7% from 17.9%. However, the gap remains wider compared to mid-2022 (17.2%) and mid-2007, shortly before the housing bust (16.3%).

 

Methodology: Zillow’s analysis aggregated small-area home values (ZHVI), weighted by estimated counts of homeowners by race and ethnicity of the household head in the American Community Survey, to estimate relative home values and home value appreciation by race.

About Zillow Group:
Zillow Group, Inc. (Nasdaq: Z and ZG) is reimagining real estate to make home a reality for more and more people. As the most visited real estate website in the United States, Zillow and its affiliates help people find and get the home they want by connecting them with digital solutions, dedicated partners and agents, and easier buying, selling, financing and renting experiences.

Zillow Group’s affiliates, subsidiaries and brands include Zillow®, Zillow Premier Agent®, Zillow Home Loans℠, Zillow Rentals®, Trulia®, Out East®, StreetEasy®, HotPads®, ShowingTime+℠, Spruce® and Follow Up Boss®.

All marks herein are owned by MFTB Holdco, Inc., a Zillow affiliate. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org). © 2024 MFTB Holdco, Inc., a Zillow affiliate.

 

SOURCE Zillow

• New listings and sales moved closer to pre-pandemic norms in September.
• A buyer who could have afforded the typical U.S. home in May saw their buying power boosted by more than $40,000 by September, thanks to lower mortgage rates.
• Buyers markets are spreading across the Southeast, with more homes for sale than in most other areas of the country.

SEATTLE, Oct. 15, 2024 /PRNewswire/ — Both buyers and sellers are showing up with more interest as lower mortgage rates provide a boost to the housing market’s “last call” before the shopping season winds down. Another break in mortgage rates over September brought a flurry of activity, according to the latest market report from Zillow®,¹ which, depending on the path of rates ahead, could continue into October.

For a buyer who could have afforded the mortgage payment on a typical home in May, mortgage rates falling to a two-year low of 6.08% in late September meant a boost of more than $40,000 in buying power over the past four months.² That rate decrease also brought more sellers to the market. As a result, both home sales (-22.2% compared to pre-pandemic norms) and new listings (-17%) moved closer to their pre-pandemic averages than in recent months.

“September proved the readiness of both buyers and sellers to return when conditions are right. Lower mortgage rates helped more buyers clear the affordability hurdle, and gave buyers already in the market more homes to choose from,” said Skylar Olsen, Zillow chief economist. “The mortgage rate spike after a strong jobs report early this month gave back some of those affordability gains, at least for now. Buyers should be prepared for more ups and downs, which means it’s crucial to have their finances in order and their expert team in place to act quickly, but not rashly, when they find the right house.”

An uptick in activity from both buyers and sellers kept home values more or less in balance. The typical U.S. home value is now just a tick under $361,000, down 0.2% from August. Home values have grown 2.4% nationally over the past year, the slowest pace of annual growth since last October.

Trends in price cuts and time on market help illustrate the bump in competition felt by buyers in September. The share of listings with a price cut fell to 25.1% in September, down from 25.9% in August and a nearly two-year high of 26.2% in July.

Before the pandemic, the time between a home being listed and having an offer accepted grew by an average of three days from August to September. This year, it was only one day, from 20 days for the median home sold in August to 21 days in September.

Buyers markets are spreading across the Southeast
While the housing market nationwide remains neutral, according to Zillow’s market heat index, Atlanta joined a growing list of large Southern metro areas that have tipped in favor of buyers. Ten of the 50 biggest metros are now considered buyers markets, all in Florida, Georgia, Texas, Tennessee and Louisiana.

The trend in new listings goes a long way toward explaining why some markets are more competitive than others. While new listings in September were close to, or even above, pre-pandemic norms in many markets in the Southeast, in markets along both coasts, homeowners are continuing to hold onto their current homes in greater numbers, meaning fewer new listings are hitting the market. That relative lack of options makes the market feel more competitive for buyers in those areas. More plentiful new construction in the South plays a role in unlocking more inventory, as well.

What’s ahead
October is traditionally when the share of listings with a price cut peaks, as sellers make last-ditch efforts to attract buyers ahead of the holiday season. It remains to be seen whether September’s market heat will continue into October, even with mortgage rates rising to 6.32%, as of October 10.

As the early October rise in mortgage rates shows, there is no guarantee they will continue to fall, even if, as expected, the Fed cuts its key rate further. New macroeconomic data will continue to change expectations for the size and speed of future rate cuts, and move mortgage rates. Zillow Home Loans’ BuyAbility℠ tool helps home shoppers keep up with what they can afford in real time as mortgage rates change.

About Zillow Group
Zillow Group, Inc. (Nasdaq: Z and ZG) is reimagining real estate to make home a reality for more and more people. As the most visited real estate website in the United States, Zillow and its affiliates help people find and get the home they want by connecting them with digital solutions, dedicated partners and agents, and easier buying, selling, financing and renting experiences.

Zillow Group’s affiliates, subsidiaries and brands include Zillow®, Zillow Premier Agent®, Zillow Home Loans℠, Zillow Rentals®, Trulia®, Out East®, StreetEasy®, HotPads®, ShowingTime+℠, Spruce® and Follow Up Boss®.

All marks herein are owned by MFTB Holdco, Inc., a Zillow affiliate. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org). © 2024 MFTB Holdco, Inc., a Zillow affiliate.

¹ The Zillow® market report is a monthly overview of the national and local real estate markets. The report is compiled by Zillow Research. For more information, visit www.zillow.com/research.
² The “typical home” in this scenario is a home priced at the national Zillow Home Value Index value in the month noted. A household is considered able to afford a home at that price if the estimated monthly mortgage payment on that home would cost no more than 30% of household income. The estimated monthly mortgage payment includes principal and interest only, and assumes a 20% down payment and a mortgage rate at the monthly average according to the Freddie Mac Primary Mortgage Market Survey.

 

SOURCE Zillow

It’s a weird time to be a YIMBY in Austin. 

On the one hand, the city’s development code and permitting process are far stricter than those of Dallas or Houston. This week, a court blocked what would have amounted to a $350 million development incentive to increase walkability in Austin’s developing South Central Waterfront neighborhood. 

But on the other hand, Austin has shown more urgency than others in trying to cut all that red tape. The City Council passed a suite of reforms late last year meant to encourage housing development and remove barriers to building. 

Some of the most significant reforms passed last year in what the city calls the HOME Initiative. Once the plan is adopted in the city code, developers will be able to build three homes on almost any single-family lot in the city. 

As it looks to turbo-charge development, the City Council is also looking at reducing minimum lot sizes. At present, the smallest single-family lot in the city must be at least 5,750 square feet. The Council is considering dropping that to 2,500 square feet or less, a move that would greatly expand the number of lots where developers can build homes. 

If all this feels a little inexact, you’re not alone. The Austin Board of Realtors crunched the numbers to figure out exactly how much developers and home buyers might save if the city reduces the minimum lot size. 

The median home sold in Austin last year cost $540,000. But land acquisition costs make up 15 to 20 percent of the total home cost, according to the report. If that home were built on a 2,000-square-foot lot instead of a 5,750-square-foot lot, it could sell for $477,300, a $62,700 saving, the trade association reasons. 

One way of viewing the numbers suggests that by allowing owners of large lots to subdivide them, Austin could increase its supply of lots, thus lowering the price of a lot. But by increasing the amount of homes that can be built on one lot, the code would also make that lot more valuable. That could mean greater costs for land acquisition, which would filter down into higher home prices. 

Research on the issue is limited, but a review from the Mercatus Institute found that minimum lot sizes increased costs and decreased property values.   

Even if the city adopts these changes, it may take a while for it to impact bottom lines. “While reducing the minimum lot size is a step in the right direction, Austin will not see the desired impacts of this change on housing affordability without also improving the City’s subdivision process, development review and permitting process,” the report reads. 

Read more

The proposal to cut minimum lot sizes comes after phase one of the HOME Initiative, which allows developers to construct three homes on a single-family lot. So far, the city has received 43 applications from developers under the HOME program, with nine aiming to build three units on a single lot, according to city spokesperson Erik Johnson. 

Austin Architect Dick Clark + Associates is giving it a run on a site in East Austin, where the firm owns about 8,700 square feet at 717 Prospect Avenue. The property is used for parking and a garden, but the company plans to build two 1,350-square-foot homes and one 1,600-square-foot house on the lot. 

For those worried about what this could mean for Austin’s culture, don’t fret: Each house will still have its own driveway. 

If 3D-printed homes are the future of the American neighborhood, then Austin just hosted that neighborhood’s biggest block party yet. 

Icon, a construction technology company specializing in 3D-printed homes, held a huge presentation and demo at the Long Center for the Arts on the shores of Lady Bird Lake. The company debuted a futuristic new printer at a fairly star-studded event, at least as far as construction technology announcements go. 

Adam Neumann and Bjarke Ingels watched the keynote presentation from the Dell Theater’s opera boxes. “Entourage” star Adrian Grenier, who lives on an eco-friendly ranch in nearby Bastrop, snuck in from a side entrance to take a front-row seat just before the presentation began. 

There was plenty of local flair, too. Compass agent and Tesla enthusiast Matt Holm parked a branded Cybertruck in front of the center. Hotelier Liz Lambert and Ingels, who are working with Icon on 3D-printed projects at El Cosmico hotel in Marfa, chatted before the show. 

The floor and first mezzanine of the 2,442-seat auditorium was packed. The main attraction was the company’s new Phoenix printer, a 75-foot robotic arm that looks like a construction crane with a gigantic tattoo gun on the end. 

“This is like our version of landing rockets,” Jason Ballard, Icon’s CEO, said on stage. “There were investors and board members that did not believe this was possible.”

Outside of its radically different look, the printer is also capable of building two-story structures as large as 24,000 square feet. One human can operate several printers at a time, and the Phoenix can be set up at a job site in three hours. 

Phoenix can also print foundations and roof structures, while the original printer could only do walls. 

The new printer allows Icon to print walls for $25 per square foot, down from the $315 per square foot it cost the company’s original printer in 2018. It’s also a signal of sustained progress–down from the more recent $45 per square foot cost registered at its Wolf Ranch development with Lennar. 

The program at Lady Bird Lake also featured other sorts of high hopes and serious money. Icon announced tens of thousands of dollars in awards for young architects who developed plans for low-cost homes using Icon’s technology as part of a contest to develop houses for under $99,000. Even though the event was held at South by Southwest, the land of free merch, a table hawked $35 t-shirts and $12 tote bags. 

Ballard said the company’s aim is to use its technology to cut the costs of housing development, which is currently stuck in what he calls the “housing doom loop.” As he described it, developers have to cut costs on design and quality to make projects pencil, causing governments to increase regulation, further raising costs.

“Even as housing is getting more expensive, it’s getting worse,” Ballard said. “You somehow have to make it cost less while at the same time making it better.”

Outside the theater on a large lawn, Icon set up one of the Phoenix printers. Backed by Austin’s steel-and-glass skyline, the printer loomed over a wavy gray sculpture, showing the types of precise, undulating facades it can churn out. It could be shipped out to a job site on a single truck. It could print several homes at once. It had prompted serious applause from Adam Neumann. 

For a moment, it seemed like the housing crisis had been solved. 

Read more

Move over, Austin: Cedar Park was just named the No. 4 best Texas city to move to in 2024.

The city came out among the top five in a new population analysis by USA Today Homefront, published February 19, that examined 52 Texas cities across 19 key indicators, including school quality, affordability, entertainment, and more.

Highlights of the city include a low crime rate, low unemployment rate (3 percent), and a high median income level ($114,735) thanks to major employers like the Cedar Park Regional Medical Center.

But there’s more to life than employment, as Austinites all know well. Entertainment is another major factor, which the report says Cedar Park excels at.

“[Cedar Park] is full of microbreweries and also home to two minor league NBA and NHL teams, the Austin Spurs and the Texas Stars,” the report said.

Cedar Park residents have an average life expectancy of 81.6-years-old, according to the report. The average rent in the city is $1,743 per month, while the report says the average home is valued at about $485,588.

So it’s no wonder that major brands like Nebraska Furniture Mart are eager to move to the city.

Round Rock landed just outside the top 10 into No. 12, with a similar unemployment rate (2.9 percent) and life expectancy to Cedar Park. However, the average rent is $71 higher than Cedar Park’s, while the city’s median income is much lower, at $81,804. Houses in Round Rock have a typical home value of $433,055, the report found.

Round Rock also ranked No. 12 in Fortune Magazine’s 2023 list of the best places to live in 2023.

Austin came in at No. 25 on USA Today’s list, though its life expectancy (81.4-years-old), unemployment rate (2.9 percent), and typical rent prices ($1,742) echo Cedar Park and Round Rock. However, the report says the city’s median income is $89,415, while the typical home value is predictably higher than its suburbs, at $530,990.

The top 10 best cities to move to in 2024, according to USA Today, are:

• No. 1 – Tyler
• No. 2 – Laredo
• No. 3 – New Braunfels
• No. 4 – Cedar Park
• No. 5 – Temple
• No. 6 – McAllen
• No. 7 – Longview
• No. 8 – Abilene
• No. 9 – El Paso
• No. 10 – Victoria

The report gathered its data from multiple sources to determine the rankings, including data from Zillow, the U.S. Census Bureau, Tripadvisor, FEMA, the U.S. Centers Medicare and Medicaid Services, the National Oceanic and Atmospheric Administration, and more.

Move over, Austin: Cedar Park was just named the No. 4 best Texas city to move to in 2024.

The city came out among the top five in a new population analysis by USA Today Homefront, published February 19, that examined 52 Texas cities across 19 key indicators, including school quality, affordability, entertainment, and more.

Highlights of the city include a low crime rate, low unemployment rate (3 percent), and a high median income level ($114,735) thanks to major employers like the Cedar Park Regional Medical Center.

But there’s more to life than employment, as Austinites all know well. Entertainment is another major factor, which the report says Cedar Park excels at.

“[Cedar Park] is full of microbreweries and also home to two minor league NBA and NHL teams, the Austin Spurs and the Texas Stars,” the report said.

Cedar Park residents have an average life expectancy of 81.6-years-old, according to the report. The average rent in the city is $1,743 per month, while the report says the average home is valued at about $485,588.

So it’s no wonder that major brands like Nebraska Furniture Mart are eager to move to the city.

Round Rock landed just outside the top 10 into No. 12, with a similar unemployment rate (2.9 percent) and life expectancy to Cedar Park. However, the average rent is $71 higher than Cedar Park’s, while the city’s median income is much lower, at $81,804. Houses in Round Rock have a typical home value of $433,055, the report found.

Round Rock also ranked No. 12 in Fortune Magazine’s 2023 list of the best places to live in 2023.

Austin came in at No. 25 on USA Today’s list, though its life expectancy (81.4-years-old), unemployment rate (2.9 percent), and typical rent prices ($1,742) echo Cedar Park and Round Rock. However, the report says the city’s median income is $89,415, while the typical home value is predictably higher than its suburbs, at $530,990.

The top 10 best cities to move to in 2024, according to USA Today, are:

• No. 1 – Tyler
• No. 2 – Laredo
• No. 3 – New Braunfels
• No. 4 – Cedar Park
• No. 5 – Temple
• No. 6 – McAllen
• No. 7 – Longview
• No. 8 – Abilene
• No. 9 – El Paso
• No. 10 – Victoria

The report gathered its data from multiple sources to determine the rankings, including data from Zillow, the U.S. Census Bureau, Tripadvisor, FEMA, the U.S. Centers Medicare and Medicaid Services, the National Oceanic and Atmospheric Administration, and more.