Austin declared one of the best cities to buy a home this year, but there’s a catch
Feb12

Austin declared one of the best cities to buy a home this year, but there’s a catch

Article provided by: Culture Map Austin Looking to make a big investment in 2016? According to Forbes, you’re in the right place. In an annual report, the magazine names Austin the No. 7 "best buy city" for 2016. Forbes teamed up with Local Market Monitor, a data company that tracks home prices and economic factors in over 300 housing markets, to determine the top 20 American cities that promise a healthy...

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Here’s how many jobs Texas added in November, says ADP
Dec10

Here’s how many jobs Texas added in November, says ADP

Texas added 24,100 private sector jobs in November according to an ADP regional employment report. Most, 97.5 percent, of private non-farm jobs were attributed to service-providing sectors, according to the report. The remaining 600 jobs were in goods-producing sectors. The trade, transportation and utilities sector was the top industry for job growth last month, adding 6,000 new jobs. The professional and business services industry...

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The Chinese Are Now The Biggest Foreign Buyers Of American Real Estate
Jul28

The Chinese Are Now The Biggest Foreign Buyers Of American Real Estate

With investors nervously watching the Shanghai stock market, Chinese are the now biggest foreign buyers of American real estate, and they are setting their sights on the biggest state in the Lower 48. Texas is seeing a huge influx of Chinese buyers, both investors and owner occupants, thanks to more affordable housing. And recent turbulence in China's stock market is likely to boost demand for U.S. property, not hurt it. "My...

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Boom Goes The Urban Population and Austin is #1
Mar04

Boom Goes The Urban Population and Austin is #1

Austin Texas Is The Fastest Growing City in the Nation   Stories about America’s urban renaissance have become something of a cliché by now. But there’s a reason for that—they’re true! Big cities are growing faster than the country as a whole, which is basically for the best (dense urban areas tend to be more efficient and economically productive, after all). And today, the Census Bureau shared its...

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Mapped: household income, down to the neighborhood, across all of Texas

Michael Theis Digital Editor-Austin Business Journal   Our journey through the most-recent data released by the U.S. Census Bureau's American Community Survey continues with a look at median household income across all of Texas. Readers may remember Austin Business Journal's most-recent Texas-wide map, which examined how median home value estimates are changing in each Census tract throughout the Lone Star...

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Single-family investing poses tough challenges, Austin expert says

Jan Buchholz Staff Writer-Austin Business Journal   Dallas-based HomeVestors recently proclaimed that Austin is the top market in the country for single-family home investors. The survey seemed a bit light on specifics — just heralding Texas as "a sweet spot for real estate investing," given healthy job and employment growth. Local real estate investor Gary Ennis said that from his perspective,...

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