Statistics 
Read the latest market statistics on the Austin Real Estate Market.
Austin Is a Top 10 Fittest City
Friday, February 3rd, 2012 at 11:03am. 167 Views, 0 Comments.
MapMyFitness, a mobile app that helps users track workouts, releases a Fittest of the Fit Index once a month which ranks the fittest US states and cities. Each month, MapMyFitness updates the rankings from almost 2 million exercisers actively updating fitness activities on their fitness profiles.
This month, Austin ranked 9th fittest city in the large city category. In January, Austin ranked 8th fittest city. With over
18,000 MapMyFitness members, almost 115,000 recorded activities, and a lower-than-average overweight and obese BMI, Austin remains one of the Top 10 fittest cities month over month.
Click here to see a full list of fittest US cities and states.
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Austin's Positive Housing Trend to Continue In 2012
Monday, January 23rd, 2012 at 10:16am. 722 Views, 0 Comments.
The beginning of the year is usually a good time for experts to interpret trends from last year and forecast trends for the new year. Many investors want to know how is the real estate market in Austin. To predict trends in this year's real estate housing market, last week ABOR and Home Builders Association of Greater Austin held the Fourth Annual Housing Forecast, an event totally dedictated to discussing trends in the Austin real estate housing market in 2012. And so far it's looking positive. Some even say that Austin's housing market is the best real estate market to invest in 2012. It definitely helps that Austin is a Best Performing City going into 2012.
Austin's upward trend in the housing market last year is expected to increase this year according…
Austin Still Best City for Young Adults
Friday, June 24th, 2011 at 11:22am. 3173 Views, 2 Comments.
Austin is still the best city for young adults starting their careers, according to an On Numbers report from American City Business Journals based on data from U.S. Census Bureau. The study affirms last year's reports by Portfolio.com and Kiplinger.com which also ranked Austin as the best city for young adults in 2010.
Cities which ranked high on 2011's list had high populations of adults between 18-34, increasing job growth rates and low unemployment rates for educated young adults, and affordable costs of living.
Austin ranked #1 on ACBJ's list with young adults making up 29.3% of its population, 1.73% job growth rate, 10% unemployment, and 29.3% with higher education.
Two other Texas metros dominated the top 5 best cities for young adults.…
Why Do College Grads Love Austin?
Monday, February 14th, 2011 at 4:21pm. 1007 Views, 0 Comments.
With a recession-proof and stable economy, Austin is the most attractive city to college grads. According to new research from William Frey at the Brookings Institution, 2010 was a record-slow year for interstate migration, or migration from one state to another, for everywhere except Austin. From 2007-2009, Austin increased its college graduate populations by an average migration gain of 2.81% annually (up from 2.31% in 2005-2007), while the national average declined. This national stall in migration is due to a brutal job market and housing crisis, forcing college graduates to move home or stay put. As the only large metro with an increase in college graduate migration gains of more than 2 percent, Austin's healthy job market and affordable housing…
Austin 2011-2012 Forecast Predicts Booming Job Growth
Friday, February 11th, 2011 at 2:26pm. 2529 Views, 0 Comments.
According to Angelos Angelou, local Austin economist, the Austin economy is expected to gain more jobs in 2011 and 2012 and stabilize back to pre-recession growth trends. This past year, only 8,200 jobs were added to the Austin workforce, a measly growth rate of 1.1%. In 2011, the Austin economy is expected to pick up 18,800 more jobs at a 2.5% job growth rate. And in 2012, Austin's job growth rate is predicted to be in the 3% range with predictions of 25,100 more jobs! Industries with the most job growth include leisure and hospitality, and information. Job growth will remain strong in government, education and health care services, and retail.
For more information about the Austin 2011-2012 Economy Forecast, consult AngelouEconomics.
This…
Austin Job Market Is One of the Best in the U.S.
Tuesday, January 11th, 2011 at 1:50pm. 1299 Views, 1 Comments.
In Forbes' recent study on U.S. cities with the best job markets, Austin came in third! The study ranked cities based on their unemployment rate and available jobs. Austin's unemployment rate is at a steady 7.1% and continues to decrease due to its healthy government, education and technology job sectors. Not only is Austin's job market one of the best in the nation, it's also one of the best places to live.
Want to live in Austin? Contact us today and let us help you make your next move.
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Single-Family Homes Lease Fast in 2010
Wednesday, December 1st, 2010 at 4:39pm. 1109 Views, 0 Comments.
Going, Going, Gone! Single-Family Home Leases Are Flying Off the Market
View the original article by George Mora here on his Austin Real Estate Blog.
Now would be a great time to consider, or reconsider, investing in single-family homes as a “passive” income investment opportunity in your retirement strategy.
For the second time in a row, my same young clients have missed an opportunity to put an application on a lease house because another lease application was submitted first. Not only were we beaten to the punch, but the first submitted application actually looked acceptable. Both leases were for $1195 / mo, both houses were in great condition, and both went Pending approval status in days.
These are very nice homes that did not get the…
Newsweek Ranks Austin as Top Place Poised for Recovery
Tuesday, November 16th, 2010 at 3:50pm. 1092 Views, 0 Comments.
Austin #1 among top 10 list of best performing cities during this nation's economic recovery.
A recent Newsweek article ranked the 10 best performing American cities in recovery after the recession.
Out of 10 of the best, Austin ranked #1 claiming the title as the best of the best.
The study was based on the number of jobs, average salary, unemployment rate, affordable housing and low cost of living. Austin continues to have the strongest job growth holding this rank over the last decade. With its plethora of government, education and tech jobs, it's no wonder the city has faired well in the recession. Both international businesses and local startups thrive in Austin. The low cost of living and affordable housing secure a high…
Austin Leads the Nation in Economic Recovery - Are You Going to Miss Your Chance to Buy?
Wednesday, November 3rd, 2010 at 12:08pm. 837 Views, 0 Comments.
Will You Take Advantage of Austin’s Resurgence, or Will You Read about It 2 Months Later?
By almost all reports, Austin leads the nation in attracting businesses and people. When we finally read about the national economic recovery, Austin will already be riding the curve up, ahead of all but a handful of local economies around the nation. That means mortgage rates will have started rising, houses will be selling just a little better, and chances are you will have missed the opportunity to buy closest to the bottom of the real estate market if you haven’t already bought or refinanced your mortgage.
So, we find ourselves here in Austin at the forefront, the vanguard, the leading edge of coming out of the economic…
Is Now the Time to Buy a Home in Austin?
Tuesday, October 26th, 2010 at 3:25pm. 720 Views, 0 Comments.
20-year history of mortgage rates in Austin is proof that this is the time to buy in Austin.
We're continually bombarded with news of the housing market in today's economy, and sometimes it's difficult to filter out the important facts. As a buyer, you might be on the fence and saying to yourself, "I'll wait until the rates go even lower before I buy". Well, you might want to take a look at this chart that shows the average 30-year fixed rate mortgage rate over the past 20 years (Source: Freddie Mac) and ask yourself if this is indeed a good time.
Over the past 20 Years, the average mortgage interest rate has been 7.20% (Source: Freddie Mac). In the 3rd Qtr of 2010, the average rate was only 4.44% (Source: Freddie Mac). Fluctuations…
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