Last week, "Entrepreneur Magazine" released its latest list of Best Places to Buy a House. Not surprisingly, the Austin metro area placed at the top of the list this time around. In the article, columnist Danielle Babb (who also co-authored a book on finding foreclosures with my friend Bill Nazur) states,
Round Rock and Austin have seen incredible job growth and very stable home prices despite the downturn nationwide. Jobs continue to grow here--a factor for keeping inventory low and prices stable.
Clearly, this is something that I have been preaching to our clients and potential clients for many months, but the pervasive media saturation focused on the national downturn makes our job an uphill climb.
Round Rock is located due north of Austin, and Dell's corporate headquarters is located there. Dell has been responsible for some large-scale growth in this suburb, especially throughout the 90's. In 1990, Round Rock's population was a mere 30,000 or so. It has more than tripled in size since then, with over 93,000 calling Round Rock home today.
Austin has added close to 100,000 to its population since 2000, growing from approximately 650,000 to 740,000 within Austin proper. The Austin metro area now tops 1.5 million.
Other locations that made the "best" list were Mission Viejo, California, Palm Beach, Florida, and Las Vegas. Her is a link to the article if you are interested in checking it out:
If you are considering relocating to the Austin area or investing in real estate here, please feel free to give me a call anytime on my cell phone at 512-796-7653. You can also email me at firstname.lastname@example.org. I have 11 years of full-time real estate sales experience in Austin, and I would love the opportunity to help.