For the past few years, Austin, Texas has been the hot place to be for businesses and home buyers. With 2020 approaching it is no surprise to see Austin nabbing the number one place for 2020. According to the Emerging Trends in Real Estate report, Austin rose to the number one spot for real estate after coming in 6th place in 2019.
The city also took the No. 1 ranking investor demand in 2020, rising from 4th place last year. Austin and the surrounding suburbs are seeing huge growth and demand with no slowing in sight.
The Emerging Trends report also shows the issues that Austin faces such as the huge growth expected to hit the city over the next five years, traffic and the housing shortage and affordability. If you would like to view the full report you can view it here.