IRVINE, Calif.—RealtyTrac paired up with Local Market Monitor to present a special report on the top housing markets for good health and building real estate wealth. The states with the top housing markets, according to report findings, are Texas, North and South Dakota, Utah, North Carolina, California, Tennessee, Montana, Wyoming, Iowa and Arkansas.
“While families have many good options across the country in terms of places where healthy living is evident and the prospect of appreciating home prices is solid, there are some markets that clearly stand head and shoulders above the rest,” said Daren Blomquist, vice president at RealtyTrac. “The markets considered for the Health and Wealth list all have strong appreciation potential. This report not only features those top markets for appreciation but also highlights important health- and wealth-related factors for families to research in any market before they make the decision to buy a home.”
The health ratings are based on 10 factors from RealtyTrac data across the three major categories of lifestyle, disease and environment. The lifestyle category rates a location on its activity rate, number of fast food restaurants, smoking rate and heavy drinking rate. The disease category understands that disease rates vary for a number of reasons, but it looks at the percent of residents with diabetes, obesity, heart attacks and asthma rates. Then, the environment category ranks based on radon and air quality. The wealth ratings were reached by using Local Market Monitor’s top 22 markets for home price appreciation.
More information about this report and either RealtyTrac or Local Market Monitor can be found here.