Tag Archive: economy

Aug 16

Austin Real Estate Market Mid Year 2015 Update

Patrick Johnson

Presentation at Real Estate Council Austin by Dr. Mark Dotzour. Dr. Dotzour is the Chief Economist and Director of Research for the Real Estate Center at Texas A&M University in College Station, Texas. He earned his Ph.D. in the Department of Finance at the UT Austin in1987 and served as Associate Professor of Real Estate …

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Aug 20

Austin, Texas Third Coolest City in America 2014

Forbes

Forbes Magazine partnering with Sperling’s BestPlaces recently named Austin as its #3 Coolest City in America 2014.     [important] Selection criteria included: A look at the 60 largest Metropolitan Statistical Areas and Metropolitan Divisions (cities and their surrounding suburbs), ranking them on six factors weighted equally Entertainment and recreational amenities. Each city’s “foodie” culture …

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Apr 04

Austin Fastest Growing City according to CNN Money

CNN Money Magazine Logo

Not really news to local residents who can feel the surge in growth from the competitive job market to the ever increasing traffic on its freeways – CNN Money lists Austin, Texas atop its recent rankings of fastest growing cities in the U.S.  The data used charts population growth between July 2012 and July 2013 …

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Permanent link to this article: http://atxre.com/austin-fastest-growing-city-according-to-cnn-money/

Jan 09

Why everyone is moving to Austin

Austin, Texas

A great summary ~ with awesome graphics from AustinStartup.com’s Bryan Menell about why folks are moving to Austin.  Here’s a link “Why everyone is moving to Austin” . Bullet Points include: USA Today names Austin a top city for Tech Startups Forbes ranks Austin among America’s coolest cities to live Business Insider ranks Austin the …

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Permanent link to this article: http://atxre.com/why-everyone-is-moving-to-austin/

Dec 20

Austin is Best Performing U.S. City in 2013

Austin sits atop the annual Milken Institute’s list of top performing U.S. Cities.  Click here for details. Milken notes that technology and energy are the biggest forces behind the country’s top metropolitan areas. The Institute’s approach to these rankings differs from others in that they do not use quality of life metrics such as commute …

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Dec 12

Commercial Real Estate (CRE) Prices on the Rise

Great article from Texas economist, Dr. Mark Dotzour with the Texas A&M Real Estate Center. Dr. Dotzour does a great job of providing a status report regard CRE pricing and the tightening of money due to the credit market.  Key points include: New construction has been slowed by the tight credit market in the U.S. …

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Permanent link to this article: http://atxre.com/commercial-real-estate-cre-prices-on-the-rise/

Sep 26

Austin, TX the leader in National Economic Rankings … Again

Austin, Texas Employment Graph

After a one month drop from the top spot in the Business Journals “On Numbers Economic Index” Austin has returned to first on the list.  Austin had been the national leader from February through June until Provo, Utah moved ahead in July. The Business Journal’s On Numbers Economic Index attempts to distinguish the best economy …

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Feb 28

January / February 2013 Austin Texas Economic News

DATA COMPILED BY BOB ROBERTS, GRACY TITLE, AUSTIN, TX. February 2013: Austin takes the No. 3 spot for Job growth with a five-year expected annual job-growth rate of 3.2 percent Austin ranked number 3 for job growth on Forbes’ “Best Cities for Good Jobs” list Austin’s Annual FIVE YEAR expected job-growth rate is projected to …

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Aug 07

Mark Sprague, Economic Update, Austin, Texas

Courtesy of Larry Locke, with McAllister & Associates, Austin, TX, the following is a brief summary of an economic update recently provided by Mark Sprague, State Director of Information Capital at Independence Title Company Austin is not believed to be in a development bubble – 60,000 new residents move into Austin each year. Job creation …

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May 11

Austin, Texas and Area Economy Booming

I-35 Corridor Booming Northward (of San Antonio) my santonio.com |By Jennifer Hiller |Updated 02:41 a.m., Sunday, May 6, 2012 Housing analysts, developers and builders say a low supply of vacant lots, tight credit markets and higher development and building fees are pushing the new-home market farther north, away from San Antonio and into New Braunfels. “There are …

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Jan 09

2012 Austin Economic & Housing Outlook

Texas A&M Real Estate Center

Dr. Jim Gaines, Research Economist at the Texas A&M Real Estate Center, provided the following outlook for the 2012 Austin Economy and Housing market at the Austin Board of Realtors on October 26, 2011. In a nutshell, “U.S. housing market will remain steady with no major movement and Texas & Austin Local housing markets should …

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Permanent link to this article: http://atxre.com/2012-austin-economic-housing-outlook/

Oct 10

New to Austin, Texas Business Expansions & Relocations

2011 Expansions & Relocations Courtesy of Austin, TX Chamber of Commerce Company Type of Operation Jobs Created Location Type of Action Active Power Backup power equipment mfg for data centers (Hdq.) 40 Austin Expanded Adlucent Online advertising & marketing (Hdq.) 30 Austin Expanded Audiotoniq Hearing Aid Developer (Hdq.) 15 Austin Expanded Al Frank Asset Management …

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Oct 03

Austin Economic Outlook looks Good

Author/source: Mark Sprague, Mission Mortgage of Texas, Inc. We wouldn’t change places with anyone.  The good news about the economy continues to be local! The Austin metropolitan area added 15,500 jobs, or + 2.0%, in the 12 months ending in August according to the latest release of preliminary payroll job numbers by the Texas Workforce Commission …

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Permanent link to this article: http://atxre.com/austin-economic-outlook-looks-good/

Mar 21

Texas Leads the Nation in Job Creation in 2010

It is always great news for the Real Estate Industry when job creation is trending upward.  Job creation fuels home construction which then feeds the retail market, which then drives the office & industrial markets.  The State of Texas led the nation in job growth in 2010 and so things continue to look up in …

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Dec 01

Austin is Highest Rated U.S. City for Economic Recovery

The Brookings Institute identifies Austin, Texas as #1 among U.S. Cities for its recovery from the nation’s economic woes.  Three main indicators were used in their analysis – Employment Growth, Per capita gross value added and Income per person. three main indicators between 1993 and 2010: employment growth, per-capita gross value added and income per …

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Jul 11

Austin Land Market, Summer of 2010

Buying and Selling Land in today’s Real Estate Market Land sales continue to be scarce in today’s Austin Real Estate Market. A combination of a lack of confidence in the economy, high asking prices, and a lack of investment buyers willing to assume much risk, have left the market void of activity. Business owners looking …

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