Fastest Growing Cities and States

Forbes.com released its annual ranking of the fastest growing suburbs. The main story is housing affordability. Cities that are booming are geographically close to economic centers, but far away in price.

In the Los Angeles metro, San Bernadino and Riverside counties boasts home prices 30% lower than L.A. County, but with comparable income levels. Other metro regions with large growth rates are Sacramento, Dallas, Phoenix, Las Vegas, and Atlanta. Overall Texas had 20 of the top 100 fastest growing cities, 12 of them suburbs of Dallas.

Speaking of states, last week Forbes released its top states for business. Virginia came in at #1, but Washington state saw most improvement. Texas was the largest state to make into the top 10, ranking 4th. GEO