The 10 Fastest Growing U.S. Cities
The fast-growing areas in the United States are in the Sunbelt, (no surprise as it is cold up here in the northeast) with Texas leading the way, according to data released today by the U.S. Census Bureau.
Dallas-Fort Worth has added more than 162,000 residents between July 2006 and July 2007, more than any other metro area. Three other Texas cities Houston, Austin, and San Antonio TX have also made the top 10.
I watched a show last night on TV where a couple viewed 3 homes with a Realtor which were priced at a little over $100,000 and were beautiful! Two were located in new subdivisions on a cul-de-sac streets with large yards, hardwood and tile floors, vaulted ceilings and open floor plans. Well OK one was priced higher, a $179,000 ranch with a stone front HUGE private yard with a little pond which I loved but the future homebuyers found a threat with 2 small children.
The growth in the South is credited to a strong local economy and, you guessed it, housing prices that are among the most affordable in the United States. A report by Global Insight has found that housing prices in the Dallas area were undervalued by as much as 30 percent.
Another area experiencing growth is the New Orleans area, which is still recovering from Hurricane Katrina and grew by 4 percent or nearly 40,000 people. This is more than the entire population of Orange, Woodbridge and Bethany CT put together. During the same survey last year, the population of New Orleans dropped by nearly 290,000 people.
Meanwhile, Detroit lost more than three times as many people as any other metro area, its population declined by more than 27,300. Other areas losing more than 5,000 people included Pittsburgh, Cleveland, Columbus, Youngstown, Ohio, and Buffalo, N.Y.
The 10 biggest gainers:
- Dallas-Fort Worth-Arlington, Texas: 162,250
- Atlanta-Sandy Springs-Marietta, Ga.: 151,063
- Phoenix-Mesa-Scottsdale, Ariz.: 132,513
- Houston-Sugar Land-Baytown, Texas: 120,544
- Riverside-San Bernardino-Ontario, Calif.: 86,660
- Charlotte-Gastonia-Concord, N.C.-S.C.: 66,724
- Chicago-Naperville-Joliet, Ill.-Ind.-Wis.: 66,231
- Austin-Round Rock, Texas: 65,880
- Las Vegas-Paradise, Nev.: 59,165
- San Antonio, Texas: 53,925
The 10 fast-growing metro areas
- Palm Coast, Fla.: 7.2 percent
- St. George, Utah: 5.1 percent
- Raleigh-Cary, N.C.: 4.7 percent
- Gainesville, Ga.: 4.5 percent
- Austin-Round Rock, Texas: 4.3 percent
- Myrtle Beach-Conway-N.C.-Myrtle Beach, S.C.: 4.2 percent
- Charlotte-Gastonia-Concord, N.C.-S.C.: 4.2 percent
- New Orleans-Metairie-Kenner, La.: 4 percent
- Grand Junction, Colo.: 3.7 percent
- Clarksville, Tenn.-Ky.: 3.7 percent
Source: The Associated Press, Paul J. Weber (03/27/08)
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