Lifestyle

Austin Among the Top 10 U.S. Cities Which Is Gentrifying Fastest

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Tony Maples Photography

 

According to realtor.com’s Facebook page, the term gentrification means: “…the process of renovating and improving a house or district so that it conforms to middle-class taste.” In a review of cities and states that were successfully gentrifying, Austin, here in the Texas Hill Country, came out with flying colors.

Austin Among the Top 10 U.S. Cities Which is Gentrifying Fastest

Photo: Facebook/Lori Wakefield Realtor Keller Williams Lake Travis

As far as the average Joe goes, making your house feel homey has been done on the basis of what uniquely appeals to you. As far as Austinites go, gentrification is ongoing, suits several tastes (not just your own) and perhaps appeals to a number of potential homebuyers. This is why realtor.com studied the 10 U.S. cities that were doing so the fastest.

Austin’s real estate market, in prior years, has been noted as being on the high side, as well as covering a vast extent of the area (urban sprawl). Realtors in the area have taken note and are employing as many skills as they can muster which would appeal to potential homebuyers in order to meet the growing need at a cost which is effective and affordable to the market. Add to this the fact that popular home shows such as “Fixer Upper,” “Property Brothers,” and “Love It or List It” are giving homeowners the know-how and a powerful stream of popular concepts for home renovation and decorating, turning the average Joe into a do-it-yourself mastermind! The home markets in Texas have nothing on Austin, but is this a fleeting trend, or something that’s long become a mainstay in the Hill Country real estate market?