Although not immune to the "real estate slow-down" epidemic sweeping the U.S., Austin, Tx., continues to trudge along with only a slight headache. It continues to be the bright spot in the state, and is currently ranked as the 6th brightest real estate location in the nation. A relatively-speaking strong economy, the University of Texas, good schools, and simply a great place to live are only a few of the reasons why.
Rank Market Areas Forecast 2008
Top 25 Real Estate Markets
1.
Biloxi, MS
4.9%
2.
Salem, OR
4.7%
3.
Bismarck, ND
4.6%
4.
Spokane, WA
4.4%
5.
Yakima, WA
4.1%
6.
Austin, TX
4.0%
7.
Grand Junction, CO
4.0%
8.
Fargo, ND
4.0%
9.
Mobile, AL
3.9%
10.
Idaho Falls, ID
3.8%
11.
New York, NY
3.8%
12.
Glen Falls,NY
3.8%
13.
Salt Lake City, UT
3.8%
14.
Grand Forks,ND
3.8%
15.
Pascagoula, MS
3.8%
16.
Hattiesburg, MS
3.7%
17.
Albuquerque, NM
3.5%
18.
Kellogg, ID
3.5%
19.
Boise, ID
3.5%
20.
Provo, UT
3.1%
21.
Ogden, UT
2.7%
22.
Edmond, OK
2.6%
23.
Oklahoma City, OK
2.5%
24.
Amarillo, TX
2.4%
25.
Lubbock, TX
2.3%
* Forbes magazine named Austin the 3rd city on a list of "recession-proof" cities due to its strong housing market, low unemployment rates, and growth in agriculture, energy and manufacturing, May ‘08
* Austin ranks 3rd Best City for Jobs in 2008 by Forbes.com, Jan. ‘08
* Popular Science names Austin as one of the top 10 green cities in the US, Feb. ‘08
* Austin ranks 1st in Fastest Growing Metros in 2008 by Forbes.com, March ‘08
* Round Rock ranked the 7th Best Places to Live in America by Money Magazine, July ‘08
* Orbitz.com lists Austin as one of the Country's top 6 movie landmark destinations, March ‘08
* Austin ranks as the 4th Best City in Overall Standard of Living by Expansion Management
* Austin ranks 2nd among the 50 Best Places to Live comparing the combinations of adventure, attractiveness, and affordability by Men's Journal
Contact me, Phil Hutson, Austin REALTOR, for a free 350-page Relocation Guide - a comprehensive resource for everything in Austin! Table of contents include: Business and Economy (cost of living, top 25 employers, etc.), Education (schools), Healthcare Resources (hospitals/healthcare facilities), Housing (area map, communities), Leisure (museums, theatres, wine tasting, etc.), Lake Living (all about the lakes), Shopping and Dining, and Getting Settled (moving resources, religion, etc.)
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved