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Everybody is Moving to Texas!


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More Americans moved to Texas in recent years than any other state: A net gain of more than 387,000 in the latest Census for 2013. And Austin was the fastest growing major city.

Jobs is the No. 1 reason for population moves, with affordable housing a close second.

“It take two things to draw people inland in big numbers: jobs and housing affordability,” said Nela Richardson, chief economist for the real estate broker Redfin.

Texas and other heartland states have two advantages that translate into affordable housing: Plenty of cheap land around cities and easy regulations that enable developers to build quickly.

Nine of the top 10 fastest growing U.S. metro areas last year were ones where homes were more affordable than the U.S. average, according to Redfin. Many were in Texas, Oklahoma, Utah and other heartland states.

Five Texas cities — Austin, Houston, San Antonio, Dallas and Fort Worth — were among the top 20 fastest growing large metro areas.

Some smaller Texas metro areas grew even faster. In oil-rich Odessa, the population grew 3.3% and nearby Midland recorded a 3% gain.

To read more of this article head over to CNN Money!
About Gregg Klar (389 Articles)
Austin creates an oasis of desirable communities that are touched by the beauty of it's presence. I'm one resident who considers myself fortunate to be a part of the Austin lifestyle. Combining a passion for my work with love for my community, I've earned my place among Austin's leading real estate professionals. I bring to every transaction a personal touch, innovative marketing techniques and in-depth knowledge of today's complex market to ensure your home sale or purchase is a success from start to finish. Put my team of experts to work for you today

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