Last week, "Entrepreneur Magazine" released its latest list of Best Places to Buy a House. Not surprisingly, the Austin metro area placed at the top of the list this time around. In the article, columnist Danielle Babb (who also co-authored a book on finding foreclosures with my friend Bill Nazur) states,
Round Rock and Austin have seen incredible job growth and very stable home prices despite the downturn nationwide. Jobs continue to grow here--a factor for keeping inventory low and prices stable.
Clearly, this is something that I have been preaching to our clients and potential clients for many months, but the pervasive media saturation focused on the national downturn makes our job an uphill climb.
Round Rock is located due north of Austin, and Dell's corporate headquarters is located there. Dell has been responsible for some large-scale growth in this suburb, especially throughout the 90's. In 1990, Round Rock's population was a mere 30,000 or so. It has more than tripled in size since then, with over 93,000 calling Round Rock home today.
Austin has added close to 100,000 to its population since 2000, growing from approximately 650,000 to 740,000 within Austin proper. The Austin metro area now tops 1.5 million.
Other locations that made the "best" list were Mission Viejo, California, Palm Beach, Florida, and Las Vegas. Her is a link to the article if you are interested in checking it out:
http://www.entrepreneur.com/money/personalfinance/article189454.html
If you are considering relocating to the Austin area or investing in real estate here, please feel free to give me a call anytime on my cell phone at 512-796-7653. You can also email me at jason@austintexashomes.com. I have 11 years of full-time real estate sales experience in Austin, and I would love the opportunity to help.
Our Austin real estate website is located at www.austintexashomes.com. Thanks for reading, and I look forward to hearing from you soon!
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LORI - We do have a lot of cool architecture, both old and new here in Austin. In fact, I have been on two architecture tours over the past three years or so.
SARDI - I am hopeful that this year will be a good one, and news like this certainly helps! I think I actually may be selling a house within the next three hours.
Jason:
Great post and great new information. Thanks for sharing it. Have a great week.
KATHY - You make a great point. People do tend to rely on the printed word with their decisions, don't they?
JENNIFER - I wish I could take some credit, but Austin stands on its own really well. Thanks for your great compliment, though.
DANNY - I agree - I certainly hope to capitalize on these types of stories in the upcoming year.
SHANNON - As usual, your comments made me laugh. It sounds like good news that Naples is not in the news for now with those headlines!
MOTT - Thanks for reading my SEO post. Glad that you found it helpful -
GARY - Absolutely. I wouldn't want to be anywhere else.
ALAN - Thanks, man. Let's try to go to lunch next week if you have some time.
ADAM - It does seem that way, doesn't it? I remember this happening in the late 90's, right before things got really hot in the local market. I hope it is about to happen again!
Crouch....
Congrats! We firmly believe in your market! Keep it up, and we seriously may move out there.......
KATERINA - Yes, very cool, huh? Let me know if you come for a visit and we can have lunch!
BILL - Thanks for your comments. Did you co-author this article? If you decide to move here, you know how to reach me!