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The latest from U.S. News & World Report finds that Austin, Texas is the best place to live in America for the third year in a row.

Austin's housing market is certainly hopping. Co-founder of Austin-based real estate company Homads.com, CEO Vi Nguyen tells Realtor.com, "We do see that housing prices continue to rise as large corporations move their HQs to Austin." The local median home price is approximately $390,000, more affordable than other top 10 cities from the livability report, including Seattle ($669,000) and San Francisco ($1.4 million).

To arrive at these conclusions, the report evaluated 125 of the most populous metropolitan areas in the U.S., ranking them on metrics across five indexes: job market, quality of life, desirability, value, and net migration (aka how many people are moving in or away from a metro area).

[Austin] maintained its No. 1 spot thanks to its high net migration score. The funky city, whose unofficial slogan is "Keep Austin Weird," has seen tons of growth, as droves of Millennials have moved in, seeking warmer climes as well as jobs at tech employers like Apple, Google, Facebook, Intel, and Samsung among others.

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