There was a time in the early 1990s when Austin, Texas, was the quintessential see-through city, with empty office towers downtown and vacant subdivisions meandering through the surrounding limestone hills.
No longer. Austin realtor Kevin Elliott says buyers are snapping up houses as companies like Apple, Progressive Insurance and Whole Foods add hundreds of jobs and out-of-staters gladly pay up for what, to them, appear to be ridiculously cheap homes.
“My last three listings I’ve had multiple offers, and they sold for either full price or more than full price,” said Elliott, with the Home Resource Group of Keller Williams Realty. “They were all under contract within 48 hours.”
A revived home market is just one side of the boom in Austin, which ranks first on Forbes’ list of America’s Fastest-Growing Cities for the second year in a row. The Austin metropolitan area — including the northern suburb of Round Rock, home to Dell Computer — is expected to have an economic growth rate of 6% a year through 2016, according to Moody’s Analytics, more than double the nation as a whole.
http://www.forbes.com/sites/danielfisher/2012/04/18/americas-fastest-growing-cities/
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I am a bit underwhelmed by the Cousins Tower design, but according to the article it's only in the initial design phase, so the final design might be different. I would want only the best for this awesome city!
Austin #1 on America's Fastest-Growing Cities List
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