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Forbe's is out with its list of best places for business and careers and Austin is at #8, which is a big jump up from last year's list. The list ranks metro areas using job growth, education, net migration, income levels, housing and other criteria.
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According to Bizjournals, they will be: Las Vegas, NV Raleigh, NC Cape Coral-Fort Meyers, FL Austin, TX Phoenix, AZ McAllen-Edinberg, TX Houston, TX Salt Lake City, UT Wichita, KS Charlotte, NC Texas has three cities on the list and Austin is at #4. What
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OK, this didn't come from me. It came from Forbes. The article, dated 10-10-08 talks about the economy in different parts of the country, specifically about job growth and housing prices. Click here for the article. It is interesting, but not surprising,
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From Alamo Title Co: The number of active listings are up 18.42% over last year. The number of new listings are down this week 13.84% (compared to the same week last year). Pendings and solds are down as well. How are we doing on sales prices? To get
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There was an excellent extra section in today's Austin American Statesman Statesman. It is their once a year publication of all kinds of stats, things to do, places to see, music, museums, hospitals, festivals, transportation, toll roads, light rail,
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The Real Estate Center at Texas A&M came out with its 2008 Market Overview for major metro areas in Texas. This is for the Austin MSA, which includes Bastrop, Caldwell, Hays, Travis and Williamson Counties. Cities included are Austin, Cedar Park,
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Despite the general downward trend of real estate throughout the country, a recent survey conducted by First American Loan Performance shows that Austin real estate is truly unique. In fact, the survey found that the prices of homes in Austin have actually
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Several things caught my eye today in the news and from the National Association of REALTORS (NAR). First, Anglos Angelou, who I have heard speak several times, gave his economic outlook for Austin 2008. He basically said that he expects 2008 to be flat,
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As I sit this morning after having read the newspaper, I am reflecting on how Austin’s economy and housing market are doing compared to back in 2001. That was when our tech-heavy economy went in the tank after the national tech bubble burst. That
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The western Travis, northern Hays and southern Burnett Counties area is poised for some really significant growth. A major medical facility (read hospital with a level 2 trauma center) is slated for Lakeway. A hospital is going into the Marble Falls area.
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The headline in the Statesman's business section this morning read: "Area job market is tightest in 6 years." The seasonally adjusted job growth rate in August was 4.1% The Austin area's unemployment rate was 3.5%How many 5 county markets
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I was in a discussion with Gary Keller, the Keller of Keller Williams, and other REALTORS last week and part of the discussion was the local real estate market. You read all the time lately about the national real estate bubble and that just isn't
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The Austin area had a 2% decline of home sales in July. We are also down 2% for the year compared to 2006, which was a record setting year. Is this a cause for concern? I don't think so. The tightening of requirements for buyers to get a loan probably
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Two different numbers just came out that are significant. They have nothing to do with each other, but hey - why break this into two posts. First, the Fed dropped the discount rate to 5.75%. This is the rate that the Federal Reserve charges banks to borrow
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I saw an interesting update on the Austin real estate market this morning that was put together by a local research firm. Some of the highlights for you numbers people: 1.7 million square feet of space absorbed and rents up almost 6%. A lot of that was
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