Report: Urban growth outpaces suburban growth

Repost from the Austin Transportation Department

National news reports have poured out in the last week that U.S. cities are growing faster than the suburbs for the first time since the 1920s.

“Driving the resurgence are young adults, who are delaying careers, marriage and having children amid persistently high unemployment,” according to the Associated Press report. ”[T]hey are spurning homeownership in the suburbs for shorter-term, no-strings-attached apartment living, public transit and proximity to potential jobs in larger cities.”
(more…)

Austin Modern Homes joins HBA

Proud to be members of the Home Builders Association of Greater Austin.

Texas leads nation in new home construction

http://recenter.tamu.edu/recon/main.asp?date=6%2F15%2F2012

Excerpt from article:

According to the latest Census data, Texas gets credit for 20 percent of the increase in new homes built in the United States between April 1, 2010, and July 1, 2011.

Nationally, the number of new homes built during that period increased by 607,000. Texas accounted for 121,000 of those. That’s three times as many as California, which came in second in the number of new homes built.

And that’s from 2010 – 2011; Imagine what next year’s stats will show!