With all of the dire news on the real estate front, many areas are still growing hand over fist. Much of it is organic population growth but relocation also plays a big part.
Dallas Fort Worth led the way in growth between July 1st, 2006 and July 1st, 2007. The city grew by over 162 thousand residents with Atlanta close behind at over 150 thousand new folks. Out of the top 10 areas for growth, 8 are in the south. Who is going to tell me that air conditioning isn’t one of the most impactful housing accomplishments in the history of housing.
This report provides even more fuel to the fire that much of the housing crisis that has been created is a combination of over building and speculators in these markets. Once inventory is under control, normal markets will follow shortly thereafter.
Top 10 Metropolitan Areas With Biggest Population Gain
- Dallas Fort Worth Arlington – Texas 162,250
- Atlanta Sandy Springs Marietta – Georgia 151,063
- Phoenix Mesa Scottsdale – Arizona 132,513
- Houston Sugar Land Baytown – Texas 120,544
- Riverside San Bernardino Ontario – California 86,660
- Charlotte Gastonia Concord – North Carolina 66,724
- Chicago Naperville Joliet – Illinois 66,231
- Austin Round Rock – Texas 65,880
- Las Vegas Paradise – Nevada 59,165
- San Antonio – Texas 53,925
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{ 3 comments… read them below or add one }
I recently visited the Sandy Springs and it is changing rapidly.
boy has the Phoenix area grown, I have lived here most my life and I cant believe where houses have popped up everywhere
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