According to a U.S. Census Bureau report that was released in March, Austin is the second fastest growing metropolitan area in the United States, ranking behind only Raleigh, NC in terms of percentage growth.
Austin grew by 3.8% during the period from mid-2007 to mid-2008, hitting a population of around 1.7
million. This seems amazing to me, since I remember the metro area was under 1 million when I started as a real estate agent in early 1997.
The metro area includes Round Rock, which also serves as the international headquarters for Dell Computer. That fact alone has transformed Round Rock from a humble suburb to a thriving city of its own.
Austin continues to be one of the most desirable places to live and work, and our real estate market never experienced a "bubble" to pop, so prices have remained relatively strong here, although we have had some declines, depending on the specific location.
For 2009, we have seen strong demand, with most of my agents reporting that they have been involved in multiple offer situations in the first quarter of the year at least once (I had two myself).
To see the entire press release from the Census Bureau, visit:
http://www.census.gov/Press-Release/www/releases/archives/population/013426.html
If you are considering moving to the Austin, Texas area, you may be interested in checking out my online relocation package here:
Austin Texas Relocation Package
Please feel free to call me anytime at 512-796-7653 or email me at jason@austintexashomes.com. You can also search for Austin homes at our primary website - www.austintexashomes.com.
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You are Mr. Cutting Edge aren't you. You now live in a cutting edge community. Austin sure sounds fun dude.
Having lived in Austin for several years, I can attest to the fact that it is an area with so much to offer... and what little that isn't there (and that list grows shorter all the time as Austin continues to grow) is easily accessible by just jumping in the car and heading to larger cities like Dallas or Houston. It's part of the reason why so many people find Austin an attractive area to live in.
Cool...I thought this was incredibly good news! We live in the greatest city in Texas for sure! Hows the new arrival doing AND are y'all getting any sleep...yet?
Jason, Austin is a beautiful city and with a very interesting employee base. If we moved to Texas, that's where I would want to live!
Jason,
Great news for anyone in the real estate and mortgage business over there. Multiple offers are a sign of a healthy housing market, something that is happening here in Las Vegas a little now, too.
Austin grew by 3.8% during the period from mid-2007 to mid-2008, hitting a population of around 1.7 million.
Wow! Very impressive. Where will all those people live? No wonder your real estate activity is strong. Good to read about your multiple offers. I'm hearing reports like that from certain markets around the country.
P.S. Do you have much new construction right now?
I always knew I loved Austin! We were stationed in Corpus Christi and Kingsville, TX, and we used to go to Austin for a getaway. We loved the music acts and bands. What a colorful and bustling, yet charming place. You are a lucky man. Cheers,
Jason,
such a lucky guy to be living in such a great place
Hey Jason, I thought Phoenix was the fastest growing city...;-) Great photograph, and absolutely Texas is so affordable. ;-)