AUSTIN, Texas — Online real estate services provider Realtor.com has announced plans to relocate its headquarters to Austin.
The News Corp-owned website is currently headquartered in Santa Clara, California, but has made Austin its top hiring priority as it hopes to develop talent from the state.
The website says it has invested in its Austin location through hiring, supporting the local community through charitable events and developing new talent through an Austin-based internship program.
“Austin and Texas offer a strong and growing talent pool, a powerhouse economy with unparalleled housing growth, affordability of living only matched by its aspirational lifestyle, expansive tech and academic communities, and a dynamic and vibrant city at the heart of the thriving state of Texas. There is no better place for us to call home,” Realtor.com CEO Damian Eales said Thursday. “Over the coming years we are committed to growing our presence by hiring great local talent and by bringing new recruits to Texas.”
Texas Gov. Greg Abbott also welcomed Realtor.com’s move to Austin.
“Thanks to our unmatched business environment, no corporate or personal income taxes, and our highly skilled, young, and diverse workforce, Texas is the right place for Realtor.com,” Abbott said. “Companies like Realtor.com found a home where they have the freedom to grow their business and better serve their employees and customers. Working together, we will provide Realtor.com and their employees the freedom to thrive in our great state.”
A recent Realtor.com report found that Texas is the fastest-growing state in the country, and is expected to overtake California as the most populous U.S. state by 2045.
The report also found that the top reasons people move to Texas are for jobs, affordable housing and a different climate, and the majority of those that move to Texas come from California and abroad.
Boomtown is KVUE’s series covering the explosive growth in Central Texas. For more Boomtown stories, head to KVUE.com/Boomtown.