Austin, Texas Investment Properties

INVESTING IN AUSTIN, TX REAL ESTATE

Why Invest in Austin Real Estate

A robust economy, favorable business conditions, and a large pool of working millennials are among the factors which distinguish the city of Austin - and Silicon Valley has taken notice. In fact, several major Silicon Valley firms continue to maintain a significant presence in this Texas market. This, combined with the fact that local apartment development is set to explode, makes Austin a logical choice for investors.

Yearly employment growth in Austin has hovered at 4% in the metro area for 45 consecutive months, one of the longest stretches among comparable cities and many of Austin's jobs are well-paying tech positions, attracting millennials and making it a city of the future. As a large segment of the millennial population prefers to rent - and delay homeownership for an extended period of time - this represents another favorable condition for investors.

  • Austin's unemployment rate of 2.9% in April 2016 was the lowest among large metropolitan areas
  • A strong job market and low cost of living resulted in 16.6% population growth between 2010 and 2015
  • Apple, IBM, and Dell employ thousands of Austin residents
  • The city is also home to Google, Facebook, Intel, and Samsung


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LATEST AUSTIN REAL ESTATE NEWS

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When purchasing a home, one of the most important factors to consider is neighborhood school quality. Home values increase when they?re near quality schools, so savvy buyers typically search for properties near highly ranked public schools to build long-term equity, according to HomeUnion Research Services. To assist home buyers in finding great real estate values, … Continued

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