According to a report on KVUE news, the current Austin real estate market is a builder’s one due to a construction boom. According to the Texas Real Estate Center at Texas A&M University analyzing data from the U.S. Census Bureau, the number of new homes that received permitting and are under construction so far this year is 11,165. This construction boom includes single-family homes as well as multifamily rental communities
The Austin job market has received many well-deserved accolades recently, including the best-performing job market among the 50+ metro areas with at least one million residents in the Wall Street Journal.
Alongside Moody’s Analytics, the WSJ analyzed the job markets of 55 metros with at least 1 million residents, basing the ranking on job growth, unemployment rate, share of adults working or looking for work, change in the size of the
As a follow-up to our article earlier this year on the Q2 stadium opening, the North Burnet/Gateway area has seen continued dense housing, commercial, retail, and office developments take shape. Additionally, some affordable housing and hotel development are in the works. The completedQ2 Stadiumhas proven to be immediately impactful in this area’s growth and more projects are in the
Texas attracts a remarkable number of facilities for many reasons, including significant cost savings for many companies. Between January 1st and June 27th, 53 Headquarters left California and 23 of those came to Texas. Out of those 23 companies that announced relocations so far this year, 11 choose Austin and its surrounding areas for their headquarters, the most out of any city in Texas.
Austin’s relative affordability, high quality of life and Texas’ low tax rate have made the city an attractive destination – and the fastest growing city in the country. This expansion and growth pattern has made Austin one of the top ranked cities for international investors in 2021, which marks a significant shift in investor interest and their strategies. According to the Association of Foreign Investors in real estate,