Dallas/Fort Worth, Houston and San Antonio were also in the Top 10. Here's what Forbes said about Texas:
If one state is a poster child for economic recovery, it's Texas, home to four of the 10 cities on our list. There's more to why Austin, Dallas, San Antonio and Houston are faring well than just the state's energy industry. The tech, government and education industries supplement the oil state's riches. As for housing, cities in Texas didn't see the same run-up in home prices and rampant speculation that led to the spectacular bubble burst elsewhere in the country. "The housing market got lucky, if you want to look at it that way," says James P. Gaines, research economist at the Real Estate Center at Texas A&M University. "We didn't have excessive overbuilding, so we don't have a big overhang of unsold new homes, and because Texas has among most affordable housing in the country, the demand sustained."
The list was based on jobs data, economic growth projections by Moody's Economy.com and median sales price of single family homes. Here's the Top 10 among the nation's 40 largest metro areas:
1. and 2. (tie): Austin-Round Rock, Washington, D.C.
3. Dallas-Fort Worth
4. and 5. (tie): Houston and Minneapolis-St. Paul
6. Denver
7. San Antonio
8. Boston
9. Los Angeles
10. Kansas City
