Austin, Texas, The Live Music Capital of the World, the next Silicon Valley, and the city we call home is heating up in every way. From its vibrant housing market to its lively tech scene, Austin is exploding with new opportunities. Not to mention, it’s also a ton of fun with it’s “Keep Austin Weird” mentality.
Austin was just recently named the #1 city in the world to start your career by HubSpot. You may be wondering how it received this claim to fame. Some of the world’s top companies including Google, Apple, Facebook, eBay, Dell and Think Tech Labs (wink wink) all have a big office presence here. The University of Texas is also located here, delivering top talent directly to these companies.
For Commercial and Residential real estate professionals, Austin was also recently named No. 2 in the nation for overall real estate prospects and No. 1 for development. With the highest percentage of millennials across the nation and a low cost of doing business, Austin’s real estate market is booming and it’s not slowing down any time soon.
It is also a very reasonably priced city to live in, in comparison to cities like New York or San Francisco. Although, if you are planning on moving to Austin, you will need to act fast. There is fierce competition right now for new home buyers. Houses tend to only stay on the market for around 2 days and the average home sale price has increased by 8% when comparing to last year. The real estate market is on fire in Austin!
Austin also has a lot of culture to offer is residents and visitors. With festivals like South by Southwest, showcasing music, film, and tech in a two-week long conference, and Austin City Limits, another local music festival, there is never a dull moment. It is also a “foodies” heaven with lots of barbecue, Tex-Mex, and a plethora of food trucks. But don’t worry, you can work off all of your indulgences on one of the many walking/ biking trails in and around Austin.