According to a U.S. Census Bureau report that was released in March, Austin is the second fastest growing metropolitan area in the United States, ranking behind only Raleigh, NC in terms of percentage growth.
Austin grew by 3.8% during the period from mid-2007 to mid-2008, hitting a population of around 1.7 million. This seems amazing to me, since I remember the metro area was under 1 million when I started as a real estate agent in early 1997.
The metro area includes Round Rock, which also serves as the international headquarters for Dell Computer. That fact alone has transformed Round Rock from a humble suburb to a thriving city of its own.
Austin continues to be one of the most desirable places to live and work, and our real estate market never experienced a “bubble” to pop, so prices have remained relatively strong here, although we have had some declines, depending on the specific location.
For 2009, we have seen strong demand, with most of my agents reporting that they have been involved in multiple offer situations in the first quarter of the year at least once (I had two myself).
To see the entire press release from the Census Bureau, visit:
If you are considering moving to the Austin, Texas area, you may be interested in checking out my online relocation package here: