Austin and its home state of Texas continue to see real estate market improvements. Both markets enjoy higher-than-average employment rates, stable economies, continued population growth and increasing housing starts.
With 790,390 residents and a staggering growth rate of 51% from 2000 to 2010, Austin’s rapid growth sparked concern from the City of Austin which heightened the need for a strategic plan.
The towering employment rate is the driving force for Austin’s success, which creates a perfect environment for buying and selling homes in Austin. Homes in the area are selling for more than twice the national rate, making Austin the #2 market in US.
Everyday more and more people are packing up and moving to Austin, and it is those people that have propelled this city into one of the fastest growing in the nation. If you are thinking about calling Austin your home, here are a few things to know.