HOUSTON (Houston Business Journal) – A strong regional economy has secured spots for Austin, Dallas-Fort Worth and Houston on a list of top real estate markets to watch.

The Urban Land Institute (ULI) released its Emerging Trends in Real Estate 2013 report this week, ranking 51 U.S. markets for real estate investment, development and homebuilding. Texas tied California with three spots in the top ten, with Austin taking the fourth spot, followed by Houston (fifth) and Dallas-Fort Worth (ninth).

The top markets ranked in ULI’s report included San Francisco (first), New York City (second) and San Jose, Calif. (third). In the bottom were Sacramento (49th), Las Vegas (50th) and Detroit (51st).