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Booming U.S. Markets

Saturday, 03/27/2021

John Bremond House Austin Texas

Photo: John Bremond House, West Seventh & Guadalupe Streets, Austin, Travis County, TX. One of six residences located on the same city block and built either by a Bremond or Robinson, prominent Austin businessmen of the last century. Historic American Buildings Survey, HABS TEX,227-AUST,8, www.loc.gov, accessed March, 2021.

Real Estate consulting firm PWC and the Urban Land Institute identified six boom towns in a report that was published late last year titled 2021 Emerging Trends in Real Estate. Highlights in the report include:

Boom Markets

Metro areas that have less exposure to the industries most affected by COVID-19 and are also affordable markets with pro-growth governments — markets with high demand and rapid price appreciation.

  1. Austin, Texas
  2. Phoenix, Arizona
  3. Salt Lake City, Utah
  4. Tampa, Florida

New Boom Towns

Markets attracting far more than their share of smart, young workers that were also starting to recover by the end of 2020.

  1. Charlotte, North Carolina
  2. Denver, Colorado
  3. Dallas, Texas
  4. Nashville, Tennessee
  5. Portland, Oregon
  6. Seattle, Washington

Source: Urban Land Institute with PWC Real Estate Consulting.