The Lone Star State has an impressive trio of cities topping the charts for fine living and three great reasons to mosey into Texas living.
Plano, located in the metropolitan area designated Dallas-Fort Worth, is a growing city ripe with employment opportunity and with a robust housing market. According to Monster.com, Plano ranks well among cities for Millennials to live and work, and Liveability.com found Plano to be among the top ten best cities for families. The housing market is very competitive for buyers making it important to have your mortgage pre-qualified before you venture into house hunting. Plano is experiencing real growth in opportunity in the job market with Toyota North America relocating its headquarters there and, with it, bringing 4000 jobs. Insurance giants, Liberty Mutual and State Farm are building call centers in Plano that are expected to add 13,000 jobs. Plano is already home to the headquarters of Pizza Hut, Cinemark Theaters, J C Penney and Dr. Pepper.
Houston is also experiencing a steady growth pattern in spite of oil industry woes. With its diversified population and industry, Houston is also experiencing stability and growth in the housing market. Single family home sales rose 10 percent in May compared to May of 2015 with total property sales increasing over seven percent. That is making the Houston market competitive and an excellent opportunity for the qualified buyer. Townhome and condominium prices have dropped slightly providing a chance to get more home for your dollar. Check with your mortgage lender and find out how much home you can afford. The median home value in the Greater Houston area is an affordable $125,400, don’t miss your opportunity.
Austin has long been a most desirable place to live and, according to U.S. News & World Report, ranks #2 in the country’s 100 largest metropolitan areas to live based on the quality of life, affordability and job prospects. Austin, the capital of Texas, is known for its economy sustained by industries associated with biotechnology, education, and pharmaceuticals as well as for its music and diverse cultural environment. Austin is also mighty pretty and is an environmentally conscious community.
Austin homes sales held steady with almost a two percent increase in April from the sales figures for April 2015. However, Austin remains a seller’s market with home inventories being outpaced by buyers seeking new homes. In Austin’s seller’s market, the qualified buyer has an advantage making pre-qualification for mortgage loans imperative to the successful purchase of a new home.
Considering a move to any of these markets? We can help.
The Decker Group helps potential home buyers explore their home financing options throughout the State of Texas. We offer a wide variety of home loan programs including conventional loans, government backed products, jumbo loans, and construction-to-perm financing. Give us a call today at (972) 591-3097 for a free, no obligation consultation.
Additional Story Resources: