Austin Texas Real Estate Blog

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So, why IS everyone moving to Texas?

Austin Under ConstructionAustin's booming real estate market has been in the news a lot lately, and there is ample evidence that the city itself is growing by leaps and bounds, but why? What siren song is leading people to abandon their home states and move to the Capital of the Lone Star State?

According to a recent article in CNN Money, the answer is a combination of job growth, high pay, and ample housing development, unencumbered by excessive regulation. Austin has a higher median income than most states, and housing prices are lower than in many other states. (While the CNN Money article states the median home prices are higher in Texas than the US average, US Census data says otherwise.

Job growth in Austin, and Texas as a whole, is higher than any other state, with the fastest growing industries being technology and oil. Toyota just made a move to Plano bringing with it 3,000 new jobs, and HID Global (an identification and security corporation) just moved its global headquarters to Austin. In addition, Apple is expanding their Austin presence with a new campus and more job openings. Governor Rick Perry and other Texas politicians have been lately in the news for courting several corporations to move to Texas from out of state. 

If you are looking to join the influx of new Austinites, give me a call anytime at (512) 796-7653 and we can help you find the perfect home to suit your needs! Or visit us online at www.austintexashomes.com.

 

 

If you're looking for a home in the Austin area, you can also visit my primary website at www.austintexashomes.com.  Thanks!

Comment balloon 10 commentsJason Crouch • October 01 2014 02:12PM

Comments

Houston has a ton of well- paying jobs I hear even all the way over in NY! :)

Posted by Laura Cerrano, Certified Feng Shui Expert, Speaker & Researcher (Feng Shui Manhattan Long Island) over 2 years ago

Yes, it seems that Texas has been growing for a while, and especially in Austin area.  One of my old companies moved to Plano too/expanded (Dr Pepper/Seven Up).

Posted by Debbie Gartner, The Flooring Girl & Blog Stylist -Dynamo Marketers (The Flooring Girl) over 2 years ago

Good morning Jason,

Austin is definitely growing by leaps and bounds! The combination of Job growth, higher wages and housing opportunities is phenomenal! We are indeed fortunate to be in the real estate industry at this time in our careers! Have a great week-end!

Posted by Dorie Dillard, Serving Buyers & Sellers in NW Austin Real Estate (Coldwell Banker United Realtors® ~ 512.346.1799) over 2 years ago

I am glad Texas is seeing such growth.  It keeps my area rural and I like it that way.

Posted by William Feela, Realtor, Whispering Pines Realty 651-674-5999 No. (WHISPERING PINES REALTY) over 2 years ago

Jason, All I can say is that maybe this will have positive effects on the demographics of Austin. Maybe Austin will become more like Texas.

Bill Roberts

Posted by Bill Roberts, "Baby Boomer" Retirement Planner (Brooks and Dunphy Real Estate) over 2 years ago

I would love to visit Austin - I've heard only good things.  I guess it's not the "lone" star state anymore . . . :)

Posted by Margaret Goss, Chicago's North Shore & Winnetka Real Estate (Baird & Warner Real Estate) over 2 years ago

One of these days, you can give me the red carpet tour! As I told you, it's been a couple years since I've been there! I loved it then, so I can only imagine it now!

Posted by Thom Abbott, Midtown Atlanta GA Condos For Sale (MyMidtownMojo.com |770.713.1505 | Intown Atlanta GA Condo Living) over 2 years ago

I've been back to Texas a couple times in the past year an my goodness- the place just feels like it's one one continual upward growth path.

Posted by Chuck Willman UtahHomes.me, UtahHomes.me (www.UtahHomes.me) over 2 years ago

Jason:

Great title and post. Hope you are having a fantastic week. 

Posted by Alan Kirkpatrick, Alan in Austin (Austin Texas Homes) over 2 years ago

I'm sure, living in Texas is great in many ways. The only thing that would not work for me: weather. I'm stuck in CA.

Posted by Inna Ivchenko, Realtor® • Green • GRI • HAFA • PSC Los Angeles CA (Barcode Properties) over 2 years ago

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