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In the late 80’s and early 90’s in Austin, job growth stopped, real estate values dropped and people left town. Probably because of the severity of that recession, Austin has faired much better this time. Home prices did not increase more than could be supported by median family incomes. Thanks to Texas’s home equity laws, ...
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It's a great long term trend for Austin. Knowledge workers will increasingly play a strong role in the economic health of a community. Startups and company growth depend on having a well educated work force and Austin is well positioned with 120,000 students enrolled in some type of upper education program. That number grows to 300,000 ...
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Austin Business Journal
Tuesday, September 15, 2009, 11:52am CDT
Report: Austin among best performing U.S. metros
Austin and San Antonio will be the first two U.S. cities to recover from the recession, according to a new national forecast from IHS Global Insight.
The forecast from the Lexington, Mass. economic research firm suggests the two ...
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Information provided by Ted C. Jones, PhD, Senior Vice
President—Chief Economist, Stewart Title Guaranty Company. --April
2009
Time to buy is RIGHT NOW!
U.S. home prices have declined across the nation in the past
year—albeit at varying levels. Latest national price declines range
from as little as 4.5 percent (Dallas, Texas) on a ...
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Tuesday, April 14, 2009, 1:28pm CDT
Austin ranks No. 1 for job growth potential
Texas dominates a new list on job growth potential among the nations
largest metropolitan areas.
Austin ranks No. 1 on the list of big cities for employment potential
from NewGeography.com. The Capital City posted modest job growth of
just 1 percent in 2008 but that ...
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The number of active listings are up 1.6% over last year.
The number of new listings are down this week 12.50% (compared to 2/24/09 - 3/1/09).
Pendings are down this week 24.32%.
Sold residential units are down 26.32% compared to the same week last year.
How are we doing on sales prices? To get the full picture, check out the our web site for ...
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Best and Worst Bang for the Buck Citiesby Abha Bhattarai
Wednesday, October 15, 2008 provided by
© ShutterstockYour money will go farthest in Austin.The economic storm sweeping the country has left Americans with few places to hide.But those looking to hunker down might want to head to Texas, where they can get the best value for their ...
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Tourism takes off in Cedar Park
Written by Mark Collins Thursday, 17 April 2008
With big projects on the horizon, Cedar Park and Leander are beginning to explore tourism for the first time.
"We want a city of destination, and we are getting closer to that with the entertainment center," Cedar Park city council member Mitch ...
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UT residential tower breaks ground
Austin Business Journal - 3:09 PM CDT Wednesday, September 19, 2007
A groundbreaking event was held today for 21 Rio, the 158-unit high-rise apartment development going up near the University of Texas campus.
At 21 stories, the project at Rio Grande and 21st Street will be the tallest in the ...
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Market Soars As Fed Cuts Interest Rate
Tuesday September 18, 5:25 pm ET
By Jeannine Aversa, AP Economics Writer Federal Reserve Slashes Interest Rate by a Half-Point; Market Soars
WASHINGTON (AP) -- In a bold strike, the Federal Reserve slashed a key interest rate by a half point on Tuesday -- the first cut in over four years -- and left the ...
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