Austin tops list as Recovery Capital of America
Jun 30, 2010
“Looking for a place to take advantage of the recovery? Try Texas.
The Lone Star state’s major metro areas–Austin, Dallas/Ft. Worth, Houston and San Antonio–are all emerging from the recession better than their counterparts in many areas of the country. Austin is a government and tech center. Dallas and Ft. Worth get a boost from major corporate operations located there. Houston is a hub for the profitable oil industry and the U.S. military gives San Antonio a lift.”
According to an article on Forbes.com Austin is leading the way out of the recession. This is something I have been telling people all a long. The market in Austin is great. There are jobs available to those who look and lines at Best Buy almost every day. I personally stood inline for 3 hours for the new Iphone just last week. Restaurants are crowed and it feels like the good times never left Austin.
The Brookings Metro Monitor report tracks how the 100 largest metro areas in the country are emerging from the Great Recession, based on historical data. Austin is also on other Forbes lists. #10 Best Place For Business and Careers, #2 Economic Growth Projected, #6 Net Migration, #2 for Job Growth, and #45 for Subprime Mortgages. Things are looking good for Austin. Moving to Austin is one of the best things I have ever done. It was so good that I now help other move to the city. If you are interested in moving to Austin check out our website and start your home search today.
Broker and founder of Neuhaus Realty Group. I started working in real estate as soon as I could push a lawnmower and help clean up investment properties for my parents. Investing in real estate has always been a passion and now I have turned that passion into a way to help others. Buying and selling homes for others is just one way I think I can make the world better. No sales pressure, no gimmicks, just an honest work ethic gets the job done. Let me know how I can help you. Give me a call today at 512.366.3720
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This data was last updated on: 5/25/13 3:56 PM PDT
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