According to the 2019 Emerging Trends in Real Estate report released this month by the UrbanLand Institute: Headlines have long touted millennials’ tendency to live in urban centers, and that has indeed happened. But today, at least some of the more than 80 million people who are now in their 20s and 30s “could be turning their attention to the suburbs.” This is a particularly important trend right now because millennials are currently starting families and settling down — meaning they could have a huge impact on the housing market and everyone who works in it. “The traditional attractions of the suburbs — larger homes, good schools and lots of green space — have not changed,” the report adds. As you can see below, Austin is well-positioned for additional future expansion with the highest employment growth estimate (~2.1%) and great stability.
Contact the Thomas & Kauffman Team today if you would like to buy or sell a home in the Austin metro area - (512) 730-1252 or info@AustinTxHomeSales.com.