More good news about the Austin market has just come out from Forbes!! I hope everyone remembers that our real estate market is local and that if you have questions about how things are moving, to please contact our team at 512-515-5263.
See the Forbes article below:
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Forbes Ranks Austin Among Best Places for Business and Careers
In a recent March story, Forbes.com ranked Austin No. 8 on the list of Best Places for Business and Careers. This year Austin jumped 39 spots compared to last year's rank of No.47. The study explored 200 metropolitan cities and examined each on 11 different criteria. Factors such as subprime mortgages, job growth over the past five years and employment projections for 2011 played a major role in improving the city's status.
Cities in front of Austin included Raleigh, N.C., Fayetteville, Ark. and Lincoln, Neb. While no metropolis can escape damages of the current recession, this study is a good indicator of the ones expected to turn around the quickest.
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