Travis County Population Growing

Travis County Population Now Exceeds 1 Million – and Growing

The chart below, from this morning’s Austin Statesman article, shows why 2009 was probably the bottom of the real estate market for Austin. The inertia of population growth is going to, in the next year or two, overtake inventory and home prices will rise and continue to do so for the next 5 years or more, in my opinion. Barring any further macro economic calamities.

Austin TX population growth chart
From the article:

“What this newest data continues to support is the fact that, although the recession very much has come to town, is that Austin continues to be one of the fastest-growing large urban areas in the country,” City of Austin demographer Ryan Robinson said.

Read the entire story here.

Posted by Steve
6 years ago
Steve

Steve is a Real Estate Blogger, Husband and Dad, UT Austin Grad, Runner, Real Estate Broker and owner of Crossland Team and Crossland Real Estate in Austin TX.

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Jamie Mades - 6 years ago

I knew Austin was growing…but not that much. It’s been too long since I’ve been back. Looks like you’ll have a solid housing market well before the rest of the country.

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