Silicon Valley 2.0, America's capital of emerging technology!
Aug 5, 2022
Austin
By house.com
  • City News
  • investment
Abstract:
Austin has the most prosperous real estate market in the country! Both house sales and house prices break the record!


Austin MSA Metropolitan area: 11,000 square kilometers


Population: 2.295 million (population increase of 33.7% in 10 years)


Race: 81.4% White, 7.9% Black, and 6.4% Asian Median household income: $80,954


City positioning: The capital of Texas and the 15th largest city in the United States


Warm and livable: The highest temperature in Austin is 36°C in August and the lowest temperature in January is 5°C with moderate hu


midity Honored as: Live Music Capital of the World, the City of Violet Crown, the City with Clean Air, and the Safest Big City in America



Forbes comment: Austin will develop into America's best city for the future!


Austin boasts the fastest growing metropolitan area in the United States (U.S. Census Bureau)


Austin makes top 10 best cities to work from home! (Smart Asset 2021)


Austin ranks No. 2 in job creation out of 182 metropolitan areas in the United States!


No. 1 best destination cities for families and No. 3 best destination cities for businesses to relocate!


Celebrities choice, Technology Companies' relocation With celebrity effect, Austin is the first choice for technology companies in America to relocate!




Stars relocating to Austin in 2020:

Comedian Joe Rogan;

Famous movie star James Van Der Beek:

American TV host: Chris Harrison;

Debby Ryan and Joshua Dun;


Tech guru:

Elon Musk ±Tesla CEO

Drew Houston ±Dropbox CEO

Joe Lonsdale ±Palantir Cofounder

Douglas Merritt ±Splunk CEO



Four tech giants moving to Austin may expand and create 36,000 + new jobs in 2021:

APPLE (2nd campus - 15,000+ jobs)

SAMSUNG (new chip factory, with investment of17 billion)

TESLA (GIGA Factory - 10,000 + jobs)

ORACLE (Headquarters relocation)


Austin has the most prosperous real estate market in the country! Both house sales and house prices break the record!

Abor median price: $550,000 (up 19%)

Market storage: 0.8 months

Zumper rent increase: To $2,295/month for three-bedroom houses (up 9%)






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