According to an article released on Forbes.com yesterday, Austin, Texas was named #1 on its list of 
cities around the U.S. with "Best Bang for the Buck". Not surprisingly, Texas managed to capture three of the top four spots, with San Antonio and Houston placing third and fourth, respectively. Dallas was 7th on the list.
The picture to the right shows one of the least affordable areas of town, frankly, but it's a cool shot, and it gives some idea of the natural beauty that we have here.
So what did they use to determine this list?
- Job Growth Projections
- Inflation Rank
- Median Income/Cost of Living Index Rank
- Gas Prices Rank
-
Median House Price/Median Household Income Rank
Austin placed first for job growth, and was in the top ten for every category except for inflation.
Here's one great quote from the article:
"Texas, as a whole, is one of the few economies that's performing extremely well because of the energy and technology sectors," says Andrew Gledhill, an economist at Moody's Economy.com.
This is in line with everything that we have told our clients for years. If Austin is an option or a consideration, there is ample data to back up the soundness of purchasing in this area. We experienced some appreciation over the past year, despite the fact that many markets around the country have dropped precipitously.
If you are looking to relocate to a town that allow your dollar to stretch a bit further, maybe you should look at Austin as a great potential option.
I would love the opportunity to speak with you if you are sincerely considering a move to or from Austin. Please feel free to give me a call anytime on my cell phone at 512-796-7653 or email me - Jason@austintexashomes.com. I look forward to hearing from you soon! You can also search the entire database of available Austin homes at our website, www.austintexashomes.com.
If you enjoyed this post, why not connect with me elsewhere or subscribe via email?
If you're looking for a home in the Austin area, you can also visit my primary Austin real estate website at www.austintexashomes.com. If you're interested in social media training, visit 210 Consulting. Thanks!
I guess I should have enabled the reblog feature....hmmm. I like your photo too. Its a very nice touch Jason!
;)
Congratulations, I hope you get lots of sales. We are in one of the least affordable areas, just outside NYC, but I love it here.
All the best!
Hi Jason. Great city. Great weather (although hot for my blood in the summer). Still fairly affordable. Congrats to you and Austin!
Ken
Jason - not a bad little plug. Hope it brings you some business:)
Jason - LOVE the waterfront photo. So first Business Week, now Forbes? That's great! Congratulations on living in such a hot city!
Jason - With the high cost of living and taxes here it must be the huge exodus of people living in CT heading south that helped to make Austin, Texas #1 on the list of cities with the "Best Bang for the Buck"
Jason...
I've got to get to Austin one of these days! It sounds like a wonderful place.
Super portrayal of the Great AUSTIN Texas and the market!!
Jason - For years I have been planning a visit to Austin becasue everyone I know who visit says it's a great place. When you hear that, you know it's more about the people than anything else.
Hey buddy, I just met a guy who own's his own mortgage company in Austin....Tom Rhodes? Nice guy. Met him at a building champions retreat this past week.
Congrats on the great news! It's great when your town get's featured in a high-end magazine. Hope you attract many clients who are thinking about making the move. Austin is such a hip place to live too, I mean who can beat the great music scene, huh?
Great photo Jason! Congrats on Austin topping the list :)
Finally, some positive news... Now this is the type of news that agent and public alike enjoy to hear...
Finally, some positive news... Now this is the type of news that agent and public alike enjoy to hear...
Not surprising. Austin is a town that, well, if I lived in Texas, I think I would have to live there. My wife's company is based there and don't think it hasn't crossed our minds. I look forward to visiting.
According to an article released on Forbes.com yesterday, Austin, Texas was named #1 on its list of cities around the U.S. with "Best Bang for the Buck".
Very interesting news. This can only help your business! Some investors pay attention to what Forbes talks about.
Texas Realty Blog