Texas metro markets also ranked high for first-time buyers, even though those markets are very hot right now, and home prices are rising at a faster pace than the national average. The positives for markets like Houston and Dallas are that there is strong employment growth and plenty of buildable land.

1. A Luxury real estate Market
Silicon valley the technological paradise of the world is turning into a cash cow for real estate
investments. According to a recent
commercial real estate news, three out of
five luxury markets in US are in the heart of
Silicon Valley- Woodside,Portola
Valley,Hillsborough all in california. The
scales used were annualized sales in units and
volume of luxury homes as well as median
and average sales price gains.
Renting over Purchase
The national vacancy rate for apartments decreased from 8 percent to 4.1 percent from 2009 to 2013,
At the same time, the average price of an existing U.S. House has risen about 14 percent, according to
commercial real estate data provided by Reis Inc. to a newspaper report. People are discouraged to
invest in Houses as a effect of housing market disaster of 2007. A burden of foreclosures forced many
people to move out of their homes and into apartment leases. On the other side, construction of
apartments was uphold until the last few years because many builders couldn't get loans during the
credit crisis.In certain places, this led to lease and a rise in rents. This was seen as opportunity for the
landlords to increase rents in many markets.
Technology Boon: Locus Point
Brokers say that it's not just tech founders who are scooping up homes in Silicon Valley. Bankers,
venture capitalists, hedge funders and scores of other finance types who feed off the tech industry are
also flocking to the Valley. Foreign buyers are also drifting in, mainly from China. Indeed, there is
such a shortage of homes to sell in the Valley that bidding wars have become fast and furious.Of
course, if the tech boom starts to fizzle, so would the Silicon Valley real estate market. But for now,
even modest homes in the area have become real estate gold.
Hot places for first time buyers
Texas metro markets also ranked high for first-time buyers, even though those markets are very hot
right now, and home prices are rising at a faster pace than the national average. The positives for
markets like Houston and Dallas are that there is strong employment growth and plenty of buildable
land. New construction would be an opportunity for first-time buyers, whereas the premium would be
much higher in states like California, where there is little space to increase supply.