Forbes magazine released its list of the "Top Places to Buy a Home" in the U.S., analyzing the 40 largest metro areas across the country. Austin was named the 2nd best place to buy a home right now in the nation, topped only by the Houston market. San Antonio and Dallas also fared very well in the study, at #5 and #6, respectively.
Clearly, Texas is still a great place to buy!
The criteria used for this study were as follows:
Austin was cited for its extremely low (and falling) vacancy rate, which now stands at an astounding 1.5%. Median home prices here in Austin also surged by over 12% from 2005 to 2007.
The article also references our trendy art and music scene. For more information about Austin live music, check out this article that I wrote a few months ago:
Austin Texas Live Music - Look no Further!
If you are considering a move to the Austin area to take advantage of this brilliant opportunity, please feel free to give me a call anytime. I would love the opportunity to assist you with this. My cell phone number is 512-796-7653 and our Austin real estate website is at www.austintexashomes.com. Thanks! Jason Crouch