Rockwall County, Texas
A huge 5-bedroom home with a lake view in Rockwall Texas comes sells for $399,000.
Population: 81,391
Growth rate since April 2000: 88.9%
After averaging more than 7.5% population growth during the first eight years of the decade, the Dallas suburb saw its growth rate drop to 4.6% in the 12 months ended July 1, 2009. Despite that, it held on to its title as the third-fastest grower in the nation during the 2000s.Texas real estate never bubbled as in some Sun Belt states. There was always lots of inexpensive land available suitable for development and few regulatory burdens to overcome to put in new housing. That meant supply easily grew to keep up with strong demand and prices remained very stable.
The nation's economic woes have affected Rockwall County little, according to Keller Williams real estate agent Blair Baldwin. Growth has slowed, she said, but not greatly, and a new harbor facility on Lake Ray Hubbard, with many shops, restaurants and community facilities, has helped attract buyers.Few foreclosure problems have surfaced; only 29 Rockwall County residents had their homes repossessed in May, one for every 425 households. Still, that was the third highest rate in the state.
NEXT: Flagler County, Fla.
Last updated June 21 2010: 1:03 PM ET
Source: Census Bureau
Population and growth data is from July 1, 2009, the most recent available from the Census Bureau.
Population and growth data is from July 1, 2009, the most recent available from the Census Bureau.
