Texas Foreclosures For Sale

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Texas, the Lone Star State, is one of the most affordable states to live in and do business, according to the ACCRA Cost of Living Index. The cost of living is well below the national average in most of the state's metropolitan areas. The state also has one of the lowest local and state tax burdens in the country. With its beautiful landscapes, excellent schools, warm weather throughout the year and, of course, its Southern hospitality, Texas is a very popular relocation destination. Buying Texas foreclosures for sale can save the average person up to 28% off of retail prices, according to RealtyTrac data. The best places to live are Austin, Houston and Amarillo.

Austin, Texas was rated as the 2nd best big city by Money magazine's "Best Places to Live" listing and Kiplinger magazine has listed Austin as the #1 best city for the next decade. Kiplinger also indicated that Austin is the self-proclaimed live-music capital of the world. Austin has over 200 music venues which range from blues joints to sophisticated jazz clubs to rock bars. Even though the cost of living in Austin is approximately 6.2% higher than the national average, the unemployment rate is at 6.8%, about 2.2% below the national average. Some of the best neighborhoods include Lakeway, Northwest Hills and Hyde Park. Lakeway has fabulous resort-style living at Lake Travis; Northwest Hills is built where there are some of the best views in Austin; and Hyde Park has a lot of interesting and charming older homes and is five minutes from the downtown area.

Recently, Houston, Texas was rated by Forbes Magazine as one of its best places to live based on job growth, quality of life and cost of living. They have a beautiful resort getaway called Galveston Bay which, according to the New York Times, is one of the most promising undervalued beach vacation spots in America. The area also offers its residents access to a booming economic market, world-renowned landmarks and incredible cultural hotspots. There are approximately 19,000 foreclosures for sale in the region and the absolute best part is that the cost of living in Houston is 8.9% below the national average. Northwest Houston is one of the best neighborhoods to live in because it has everything a family could want in an area. Kingwood was recently ranked as one of Houston's most livable suburbs by Forbes magazine.

Amarillo, Texas is one of the best places to live in Texas because it has one of the lowest unemployment rates in the country, at 5.4%, and the cost of living is a whopping 22.5% lower than the national average. Residents have found that there is no rush hour to speak of and summer nights are absolutely fabulous, usually ranging from the high 60's to low 70's.

Texas is an up-and-coming state that has more potential than many other states in the US. Foreclosures are rife now throughout the state, and with an average saving of 28% off of retail, the best time to buy is now. There are so many great neighborhoods, even in the big cities; it will be hard to choose the perfect one.