Austin, the capital city of Texas, is one of my favorite places to live in. And not only is mine, the city is at top of many people's list of the best places to live in, which has made every inch of Austin real estate a hot cake among realtors. In 2009, Money magazine selected the city as the No. 3 Best Big City in "Best Places to Live", and it was at No. 2 position in 2006. Other accolades that Austin has received include:
Now can you see why the houses in the capital city of Texas are sold long before "Austin Homes for Sale" placards are placed before them? Not only that, the rub-off effect of Austin's real estate success can be seen on homes in Kyle as well, a city 21 miles southwest of Austin. Call it Austin phenomenon that even "Kyle homes for Sale" placards do not have to wait longer before it is shoved inside the already crowded stowage.
- Greenest city in America, MSN
- No.2 city with the best people, CNN Headline News and Travel & Leisure magazine
- America's No. 1 college town, Travel Channel
- 5th safest city
- The least stressful large metro area, Forbes magazine.
The Silicon Hills not the Silicon Valley
Austin also goes by the name of the "Silicon Hills" because of the high concentration of high-tech firms operating in the city. 3M, AMD, Apple Inc., Applied Materials, Cirrus Logic, Cisco Systems, Dell, eBay/PayPal, Freescale Semiconductor (spun off from Motorola in 2004), Google, Hewlett-Packard, Hoover's, IBM, Intel Corporation, National Instruments, Samsung Group, Silicon Laboratories, Sun Microsystems, and United Devices are the names of the high-tech companies running their from Austin.
These companies have made the price of local real estate go through the roof compared to the real estate prices in many parts of rural Texas. But still it is much cheaper than the housing cost in the Silicon Valley. That is why many tech giants are flocking to the city making "Austin Homes for Sale" placards disappear much more quickly than it should.
It is not only the high-tech companies that are coming to the city; it is pharmaceutical and biotechnology companies as well. 85 companies from the industry operate out of Austin.
These companies along with the state agencies, colleges, and universities produce so much of employment that it makes the city a place where a person can allow its dream to fly. The city is up for a dream run, and so are the people living here.
But, what about those who do not live in Austin? How can they take advantage of opportunities presented by this city? Well, they need to settle down in the city and for that they will need a home in the city. The following paragraphs will help them find a perfect nest I (almost) for themselves in the city.
5 Austin real estate buying tips
Research the neighborhood: This is something anyone will ask you to do. It is an absolute must because you are going to spend time with people there. See if the neighborhood is suitable for you or not, and if it can meet your needs or not. Check the following: