Austin is the best city in the United States for aspiring homebuyers between 20 and 34 years old, according to the National Association of Realtors (NAR). It said even though housing prices in Austin have shot up in the last few years, the city's median home value of $252,520 is still about half of what it is in Boston and a third of what it is in San Francisco.
"Which is the reason why we still place Austin as reasonably affordable," NAR chief economist Lawrence Yun says. "This is where the millennial generations are moving into and [where] the job opportunities are available."
