Austin tops Forbes' list of America's Fastest Growing Cities for the THIRD year in a row!! Amazing!! We're definitely seeing all the growth as more and more neighborhoods are starting as other neighborhoods are in close-out and the builders need to stay busy. The area is growing so much that some areas that were once considered "rural" are losing their USDA 0% down payment elegibility in March because they are not "rural" anymore. They're just part of the Austin "sprawl" as many like to call it.
Austin is ranked First, Houston is ranked Second, and Dallas is ranks Third. I think Texas is dominating the country in relocation into the state, especially since San Antonio ranks Ninth, which is 4 huge Texas cities ranked in the Top 10.
Who could blame people for wanting to relocate here to Austin TX? We have a 4.9% unemployment rate! That's low! We have a 1.2% vacancy rate on rentals, which means those who aren't buying are having a hard time finding a place to rent, and inventory is low on the resale market, which is creating a Supply and Demand issue around town.
Some people think Austin is just a college town, but it's not. We have large companies such as Dell, Whole Foods, Samsung, Apple, National Instruments, Google, Facebook, and many more. These are large employers bringing people to town.
If you need help with your relocation to Austin TX, or you're already in town and looking to buy or sell, please contact me today as that house you want to buy might not be on the market tomorrow. If you're selling, there's someone who wants to buy your house yesterday!!
Here is the article from Forbes.
**Are You Packed Yet?**
Austin TX Real Estate
and the surrounding areas of Lakeway, Bee Cave, West Lake Hills, Cedar Park, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Hill Country Austin TX Real Estate and beyond. Whether you're buying or selling an Austin home, I'll be with you every step of the way.
** Multi-Million Dollar Producer Year after Year **
Copyright© 2013 By Donna Harris, All Rights Reserved. You may re-blog with links back to this post.
*Austin TX - America's Fastest Growing City Third Year in a Row- Forbes* was first published on donnahomesblog.com.