Texas Suburbs tops in Nation for Growth

[Richard W. Washington]

RECON
Real Estate Center Online News
January 8, 2010
Copyright 2010. All rights reserved.
Material herein is published according to the fair-use doctrine of U.S. copyright laws related to non-profit, educational institutions. Items attributed to sources other than the Real Estate Center at Texas A&M University should not be reprinted without permission of the original source.
TEXAS 'BURBS 2009'S MOST NOTABLE AREAS

LITTLE ROCK (Gadberry Group) – Four Texas suburbs made the Gadberry Group’s 2009 list of the country’s nine most notable high-growth areas.
Houston suburb Atascocita was last year’s second most notable suburb. Since 2000, the number of households there grew 108 percent, from 11,475 to 23,917. Average household income grew from $79,054 to $99,272, placing Atascocita third for income growth.

Katy occupies the number five position. The area is second for absolute household change, adding 15,699 households since 2000, and third for percent household change, increasing from 6,585 households in 2000 to 22,284 households in 2008, or 238 percent.

Dallas suburb Mansfield was seventh. Households grew from 8,492 in 2000 to 17,246 in 2009, or 103 percent. Mansfield tied for the third position for annual growth from 2008 to 2009, adding 15 percent to its total households last year.

Wylie, also near Dallas, earned its number eight position on this year’s list with a household growth of 163 percent, adding 10,310 households to the 7,149 that lived there in 2000.

[George E. Russell]

They are starting to build tract homes again here in Austin. We get a Community Impact Newsletter around here and according to them, depending on your zip code, there has been more homes sold in Austin (at least in my zip) than there was last year.