Why Are People Moving to Texas?

Good Economy Education Friendly Atmosphere, Foodie Culture, and SPORTS! Consistently Good Weather Affordable Housing

By Sofia Vyshnevska in Buyer Guides — Jan 31, 2022

Six Reasons Why You Should Make Texas Your Home

Q: Why is the New Build Market So Hot?

After the impact of the pandemic in 2020, the Texas new homes market is now 'normalizing', however, the increase in demand has meant the days on the market hover near record lows. October 2021 saw a healthy increase in new homes listings, however, builders have more buyers than they have homes - a waiting list for transaction-ready buyers is becoming more common as the state becomes more popular. Texas's many draws and the attraction of a brand new home means prices are tending to fluctuate month-to-month, but on average they are increasing slightly.

They say “everything is bigger in Texas” and, when you get here, you’ll quickly realize it’s true. With plenty of wide, open land to explore and a culture that includes it all from cowboys to barbeque to football, Texas offers residents an exceptional quality of life. It’s no surprise, therefore, that the state has experienced one of the highest population growth rates in the U.S. over the last several years, with people moving to the Lone Star State from all over the country and the world.

Chances are you know of someone who has moved to the Lone Star State recently, and you may be wondering what's so great about Texas and should I be moving there too. Read on to discover seven reasons why you should make Texas your home.

A Land of Opportunity

Texas' economy is booming right now, and we're not just talking about the energy sector. The state has seen rapid economic growth in many industries, including technology, healthcare, hospitality, finance, and defense. Many large companies, such as Tesla, Hewlett Packard, and Amazon, have recently moved their operations to Texas to take advantage of the excellent business climate the state offers. In fact, there are now more Fortune 500 companies headquartered in Texas than in any other state in the U.S. For residents, this means more job and career opportunities and greater chances of success.

No State Income Tax

Another huge draw? Texas' zero state income tax rule. Being one of only seven states to do this in the country, this advantage means you'll be able to free up even more of your money for that dream home.

High-Quality Education

If you have a family or are planning one for the future, one of the most essential criteria in choosing a place to live is good education options - something Texas has an abundance of. The state is renowned for its array of high-quality schools, with the University of Texas at Austin and Texas A&M University being ranked in the top 100 Best National Universities in the country. It's also widely known that some of the best public school districts are located in Texas - we're talking Eanes, Carroll, and Highland Park Independent School Districts, just to name a few.

Friendly Atmosphere, Foodie Culture, and Sports!

When people say southern hospitality, Texas has it down to a science. The people of Texas are renowned for their kindness and neighborliness, which only adds to its charm. Who wouldn't want to live in a place that derives its name from the Caddo Native word for “friend” or “ally?”

And you can't talk about Texas without talking about the food! Texas Barbecue is world famous, along with chili and of course the fusion food everyone's into–Tex Mex. Food is super important in the Lone Star State, embedded in the culture which prides itself on hospitality and friendliness.

And iIf you're into sports, Texas is hands down the best place for your new home. Texans take the idea of being loyal to their team to the next level. In many towns, high school football games have not just students and their parents tailgating, the whole community turns out to show their support! At the national level, you’ve got the Dallas Cowboys and the Houston Texans to support in football, the San Antonio Spurs, Houston Rockets, and Dallas Mavericks for basketball, the Texas Rangers and the Houston Astros in Baseball, and the Austin FC for soccer. Oh, and don't forget the thrills of NASCAR and the rodeo that come around every year!

Consistently Great Weather

Texas is a huge state, so the climate can vary depending on where you're thinking of relocating to. Precipitation ranges from an average of 220 mm annually in the west to 940 mm in the north and 1,500 mm in the south. However, with average highs of between 77 °F and 94 °F and lows at around 45 °F, the weather is almost always nice in Texas. You'll find it's warm and sunny almost year-round, and freezing temperatures in the winter are rare.

Affordable Housing

One of the main reasons people relocate to Texas is the housing prices. In Texas, it's affordable AND realistic to buy a home in a desirable neighborhood that is in or close to a major city. Whether you’re thinking about moving to Austin, Houston, or Dallas, you’ll find a wide variety of neighborhoods to suit all lifestyles, as well as plenty of new construction homes and communities to choose from.

Where are People Moving to Texas From?

Being centrally located, Texas has excellent connections to other states and the rest of the world, which is a huge draw for both residents and outsiders. From families who love to travel to those who have relocated from abroad or even those who need to travel for business, Texas is an attractive place to live in.

As a result, Texas has become the second most diverse state in the nation, and that's largely due to its wide range of job offerings that attract people from across the country and the world. Houston is said to be the most diverse city within the state thanks to its booming economy.

According to the 2020 U.S. Census, the majority of new residents in Texas were from California, with Florida being the second-largest source of new Texans. Colorado, Illinois, and Louisiana make up the rest of the top five most popular places to relocate to Texas from.

Why is the New Build Market So Hot?

As a result of the incredible economic and population growth the state has experienced over recent years, housing markets in all major Texas cities have been booming. Increased mortgage rates have caused the market to slow down slightly, but this does not change the fact that there are more people moving to Texas than there are available homes on the market. That’s why a new construction home is THE best option if you are planning to relocate to the Lone Star State.

New construction homes are built in the most desirable neighborhoods to provide the best value for money. Home builders use the latest technology and architectural trends to build homes that appeal to today’s home buyers. Many home builders also offer a range of layout and design options that enable you to customize your new home to meet your unique needs and preferences.

Many new home builders in Texas currently have more buyers than they have homes, and a waiting list for transaction-ready buyers is becoming increasingly common. Texas' ongoing population growth, combined with the increasing number of buyers who are choosing to buy a brand new home, means that new construction home prices in the state have remained strong.

Search for Your New Construction Home in Texas With NewHomesMate

When you’re ready to make your move to Texas, NewHomesMate is here to assist. On our platform, you can search for and tour thousands of new construction homes and communities in the Austin, Houston, and Dallas areas. Our new home experts are ready to guide you through the entire home buying process and will help you turn your dream of moving to Texas and owning a new construction home in the Lone Star State a reality!

Start searching with us today!