With an unemployment rate hovering around 5% and a projection of 4% job growth, Austin, Texas is poised for another year of explosive growth.
Forbes named our city #1 on yet another positive list, with Texas cities claiming the top four spots:
- Fort Worth
According to the article, many of the jobs created in Austin and Fort Worth will come with six-figure salaries, unless those in other parts of the state and country.
Prices continue to increase relatively quickly in our market, although they are very inexpensive compared to many California and northeast cities, which is why we continue to see a virtual one-way street of relocating buyers from those locales.
The favorable environment in Texas for small-business owners and the fact that we don't have a state income tax is also appealing for many buyers. Our property taxes are higher than many other states, but most buyers find that they come out ahead on taxes by moving here.
For more information about taxes and any other potential drawbacks you may have heard about, check out this blog post I wrote a few years ago to address these issues head-on (I also give some solid reasons to strongly consider moving here):
To see the entire text of the Forbes article, visit:
If you are considering buying or selling a home in the general Austin area, you owe it to yourself to call me first. I've been selling homes here since 1997, and I love what I do. Frankly, I'm good at it. Call me on my cell anytime at 512-796-7653 or email firstname.lastname@example.org.
Photo Credit: http://www.flickr.com/photos/byeagle/
If you're looking for a home in the Austin area, you can also visit my primary website at www.austintexashomes.com. Thanks!