Over the last generation, Texas has undergone a surprising change. From being a state known for its oil barons and long-horned cattle, Texas has come to be hailed as one of the most exciting and dynamic parts of the country thanks to its nascent tech industry and attractive housing prices.
Cities like Houston, Dallas, Austin, El Paso, and San Antonio have put The Lone Star State on the map as a vibrant and cosmopolitan destination for people who want to sample the unique Tex-Mex culture, and the booming tech industry of Austin’s Silicon Hills means the state is now attracting more digital entrepreneurs than oil patch roughnecks.
There was a time when Texas was synonymous with wide-open ranges, natural beauty, oil wealth and a hardscrabble can-do attitude. But while the Lone Star State still maintains its proud traditions and unique culture, the average Texan in 2019 is far more likely to be an upwardly mobile suburbanite than a cowboy or roughneck, and booming hubs like Austin are putting Texas on the map as America’s next epicenter of tech development.
What’s the real estate market like in the biggest state in the U.S.? It’s not all big lots and ranch estates, though you can find plenty of those in the Lone Star State – you can even find towns and cities that allow residents to keep horses on properties with enough acreage. Texas may be known for having plenty of open space, but its major metropolitan areas are growing and densifying quickly.
The Texas economy and population are booming while real estate prices appreciate at some of the fastest rates in the nation. There’s room to grow for real estate agents in Texas as cities expand and opportunities arise across the state.
The real estate market in Texas is one of the most exciting in the country. With a strong economy and job growth, Texas has become one of the fastest-growing states in the country. Texas cities are growing faster than many other parts of the United States, with San Antonio, Dallas, Fort Worth, Frisco, and Austin all among the top 15 cities in the United States for numeric growth in 2016, a trend that’s continuing as more people relocate from the Northeast, and cities like New Braunfels, Plfugerville, Georgetown, McKinney, and Flower Mound joining Frisco among the highest percentage growth cities at well over 4% per year.