Urban Land Institute (ULI) 2014 Emerging Trends Forecast, Austin, Texas

ULI recently published its annual Emerging Trends in Real Estate 2014 Report and Austin is featured prominently in its forecast.

  • Under its Markets to Watch heading, Austin ranked seventh dropping three spots from 2013.
  • The report notes a move by investors from core places like New York and Washington DC to more tech and energy centric markets such as Austin and Seattle.
  • Homebuilding prospects for Austin are seen as improving in 2014.
  • According to the report interest in Austin from investors is at the point where they are willing to take on more risk.
  • Austin is seen as the leading real estate market in the state of Texas by the report.
  • Forecasted to continue to attract relocating companies looking for lower business costs, lower taxes and a highly trained workforce.
  • Long term the well educated workforce, high concentration of technology business and pubulation gains are expected to keep the Austin economy strong.

Emerging Trends in Real Estate Americas 2014 (pdf)

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