Released a couple of days ago, Austin TX tops Forbes.com's list of America's Best Bargain Cities. All 5 of Texas' largest cities made the top 10, Dallas, Houston, Ft Worth, and San Antonio.
Not a single Texas city made the most overpriced list.
Whhy did Austin TX top this list? Several reasons. The main one is that Austin has the lowest unemployment rate in the entire country at only 5.5%.
Not only is Austin the Capital, but it's also steered by the Technology industry and the University of Texas.
When I talk with people about the market in Austin, the biggest response was that they don't like being put on all these lists because it's bringing in too many relocation people. Many people joke about how it's hard to find a true Austinite because they're all coming from other places.
To round out the top three, you have Phoenix, AR and Washington, DC.
So, if you're looking for a newer home, at least 2500 sqft, and don't want to spend more than $200k, give me a call! There are literally HUNDREDS to choose from... until you narrow down the areas.
**Are You Packed Yet?**
Donna Harris, REALTOR®
RE/MAX Austin Skyline
www.DonnaHomes.com
Donna@DonnaHomes.com
Austin, TX and the surrounding areas of Lakeway, Bee Cave, Westlake Hills, Cedar Park, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Whether you're buying or selling, I'll be with you through the entire process.
Donna-That is great news for Austin, TX.
Joseph, Some people don't think it's great news as they want to keep Austin small... but from I can see, it's spreading like DFW did, except it's still just 1/4 the size.
This is a great one to forward to clients, and the activity on the lower (under $250K) of the market this spring seems to reflect that the public shares this sentiment.