Tuesday, January 30, 2007 4:49 PM
Sam Chapman
Austin Jobs Drive Austin Real Estate
As I have posted before, job creation means more people and that means increased real estate activity. I read today about Home Depot adding 400 jobs in the Austin area. I also read about a student loan business creating about 200 jobs here. Economists are saying that we will see job growth of somewhere under 3% in 2007. If you're a home builder, you've got to like that. If you have property to sell, that is good for you too. Even though our housing prices are below the national average, they continue to creep up. With the anticipated job growth, that trend will probably continue.