AUSTIN -- Online real estate brokerage Redfin announced its list of the hottest emerging neighborhoods and small cities for real estate in 16 cities across the country Monday.
According to its list, the top three hot neighborhoods to watch in Austin are Rosedale, Crestview and Zilker.
Real estate agents said people love Rosedale because of the charming '30s and '40s era homes and its close proximity to Central Austin attractions.
Crestview made the list because of its affordability while still being close enough to downtown to benefit from its variety of shopping and restaurant options.
The popularity of Barton Springs and Zilker Park is the reason why Zilker is the third hot neighborhood to watch out for, according to Redfin's list.
The ranking is based on input from Redfin real estate agents and analysis of current market data, including the number of homes for sale, sales volume, home prices, and sale-to-list price ratios.