Saturday, 26 February 2011

Austin Tx --- real estate / economy related news

While Austin is mid size metropolitan area with 1.6 million in population, the population growth between 2007 and 2009 is the highest in USA. http://bit.ly/geH9IF



Chef at Globe Restaurant in San Francisco is leaving for Austin Tx --- REASONS: affordable cost and high quality of living and 2) wanting to own his own restaurant.  http://bit.ly/hW1qPc
  
Austin Leads Country in Job Growth: http://www.cbsnews.com/video/watch/?id=7224282n  CBS news feature on brisk economy in Austin Tx.

Austin succeeded to bring in 27 out-of-state companies in 2010.  http://bit.ly/hATJcu Short list is Hanger Orthopedic Group, Facebook, LegalZoom and SunPower.  Tax/regulation heavy California is major target.

Austin apartment rental market is recovering steadily.  http://bit.ly/gfFe3C  Vacancy rate has increast by 3.5 points to 6.5%.  Monthly rent has increased by 2.4% to $805.  Total supply of new units are 3027 while # of households increased by 9340.

Racial mix of Austin neighborhoods between 2005 and 2009.  http://bit.ly/fQLYHS  It is evident that blacks and his panics have been pushed away from  Central Austin including East Austin to exurb.

Austin is ranked No.1 by.Forbes Best Cities for Young Adults  http://bit.ly/eXgCnu
 
Austin ranked No.7 in highest concentration of Tech Workers.  http://bit.ly/eXYIKk  San Jose 29%, Huntsville 23%, Boulder 22%, Washington DC 13%, Boston 11%, SD11%, Austin 11%, Seattle 10%, San Francisco 10%.

Austin's Tech employee average salary ($93K)  http://bit.ly/eXYIKk
 
Austin is considered one of the small housing inventory by CoreLogics  http://bit.ly/a05iIe

Travis County (Austin metro) is ranked 57th most liberal counties in USA.  http://bit.ly/c4bgxw

CNBC ranks Austin 5th as metropolitan area to move to;. http://tinyurl.com/2etm2bl

Austin ranked 5th as the best cities for movie making by MovieMagazine. http://bit.ly/b1ZyiD
 
Austin ranked No.1 as the metropolitan area with the most brisk economy. http://bit.ly/8ZTkGE
 
Austin ranked No.3 by Forbes best place to invest in real estate.  http://bit.ly/d0D1AZ

Austin chosen as one of the 10 cities to move by Kiplinger Magazine.  http://bit.ly/b3xsv6 CNCBs Marias interview on Kiplinger Magazine.  http://bit.ly/9rT72x
 
Austin’s per-capita consumption power is the highest in USA by Bundle.  http://bit.ly/9DWX6X
  
Heartland - Anthony Bourdain: No Reservations TravelGuide http://bit.ly/aVPITg  http://bit.ly/b6b3A6
 
Austin is chosen as the metropolitan area where economy is about to recover.  http://bit.ly/bwZAAH  Austin enjoys migration from large US metros such as NYC, LA and SF.   http://twitpic.com/35pfc3
 
Fastest growing North American Metropolitan Area by National Geographics, http://bit.ly/8Y31Bf

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