This month, the Gadberry Group announced its list of 2009’s nine most notable high-growth areas in the US, “Gadberry Group’s 9 from 2009” after analyzing growth, calling the following nine areas “recession resistant.”
Braselton, Georgia (Atlanta suburb)
Atascocita, Texas (Houston suburb)
Spring Hill, Tennessee (Nashville suburb)
Lincoln, California (Sacramento suburb)
Katy, Texas (Houston suburb)
Wake Forest, North Carolina (in the Raleigh-Durham triangle)
Mansfield, Texas (Dallas suburb)
Wylie, Texas (Dallas suburb)
Buckeye, Arizona (Phoenix suburb)
It is notable that most of the areas that performed well under the pressure of the failing economy are located in the South, peppered with a Phoenix and California here and there. Also of note is that this year’s list averaged household growth of 170% from 2000 to 2009, compared to last year’s list average of 267% for the same period.
Regarding being the first in the list, Braselton Mayor Pat Graham said, “we’re ahead of the curve, setting a tone for high quality growth, award winning infrastructure and essential services, without levying a property tax. Our vibrant business community offers an array of amenities for small town living. What a tribute to be on this prestigious list.”
Details of the areas
The Gadberry Group outlines the demographic information for the nine areas, useful for real estate bloggers to highlight their own areas and for describing to readers why they are or are not on the list. Free registration to Gadberry opens up a lot more detailed info like the outline below:
(Housing News) Although not improving at a dramatic pace, home prices are inching up, rising 11.8 percent in November compared to the previous November.
(Housing News) Builder confidence in sales, traffic, and future expectation rose in December to 58, meaning over half of the industry's insiders are confident...
Lanie Lanie Evans
January 11, 2010 at 5:54 pm
Hey I meant to give it a 5 star rating!
Note: four out of nine are from the Republic of Texas. Somehow Cypress, Tx and the Woodlands were left out along with Sugarland. Oh well.
MIssy Caulk
January 12, 2010 at 11:55 am
Wish I could forward this to our Gov.
They are doing it right.
Paul
January 12, 2010 at 5:26 pm
We knew Texas as going to be on the list but I am surprised that Buckeye, Arizona did too. Arizona was hit pretty hard last year.
stephanie crawford
January 12, 2010 at 10:37 pm
I can’t believe Spring Hill, TN made the list. The recent closing of their Saturn (referenced in the article) plant has many worried….