What are some of the best places to live in Texas? Where would you recommend someone who wants to settle down and start a family? What about those looking for a career change? If you want to know more about what makes 2022 the Year to Buy a House in Austin, TX, you can also contact Shara Parker from eXp Realty for more information, but here is some important information about the subject.
Austin is known for the available supply of homes within competitive housing markets
Austin has long been renowned for its laid-back lifestyle, unique culture, thriving music scene, and beautiful weather. Although it’s not the cheapest place to live, it’s definitely worth exploring. The city offers access to outdoor recreation, arts and entertainment, dining options, museums, and great shopping. In addition to being home to the University of Texas at Austin, Austin is also known as the Live Music Capital of the World.
Whether you’re interested in starting a new career, moving to a new area for school, or simply want to enjoy life away from the big city, Austin has something for everyone.
Reasons Austin has seen housing demand increase over the years
- Job Growth
The city of Austin, Texas was recently ranked number one in the country for job growth. According to the Bureau of Labor Statistics, employment opportunities in Austin grew 16 percent from 2011 to 2012. This means that more jobs were added to the workforce than the overall population growth. As a result, many residents moved away from large cities to live closer to their work. With this trend continuing, more people are moving back to cities in search of better career options.
- Low Cost of Living
Austin is often referred to as the “live music capital of the world” due to its proximity to famous venues like the Frank Erwin Center, Emo’s East, and South By Southwest. Additionally, the cost of living in Austin is much lower compared to other U.S. cities. According to the real estate website Zillow, home prices in Austin increased only 1.7 percent between November 2016 and November 2017. This made buying a house easier for both first-time homebuyers and current homeowners.
- Affordable Education Options
Austin offers some of the best public school districts in the nation. However, private schools offer affordable education for families looking for a higher level of education for their children. The area has many universities and colleges including the University of Texas at Austin, St. Edward’s University, and the University of Phoenix.
- Low Crime Rate
In comparison to other big cities, crime rates are significantly low in Austin. According to the FBI, National Average violent crimes per 100,000 residents is lower in Austin compared to Miami, Atlanta, New York City, Los Angeles, Houston, Detroit, Philadelphia, and Dallas.
Get the Real Estate Agent that can manage a realistic plan around your housing affordability
Shara Parker from eXp Realty takes into account all of these factors when developing a strategy for your house purchase. She works with you to understand your current financial situation and goals so together develop a plan to help you achieve them. Explore the various options available to you and create a plan to make sure you stay within your budget by contacting Shara Parker today!