Best Places For Business And Careers
#8 Austin TX (03.25.09)
Walter Bibikow/Getty Images
| Rank |
Colleges 1 | 38 |
Cost of Doing Business 2 | 143 |
Cost of Living 3 | 127 |
Crime Rate 4 | 130 |
Culture and Leisure 5 | 118 |
Educational Attainment 6 | 14 |
Income Growth* | 72 |
Job Growth* | 8 |
Job Growth Projected 7 | 5 |
Net Migration* | 11 |
Subprime Mortgages 8 | 13 |
|
Education |
College Attainment 6 | 36.3% |
High School Attainment | 85.0% |
Income |
Median Household Income | $57,288 |
Income Growth* | 3.4% |
Employment |
Job Growth* | 3.5% |
Job Growth Projected 7 | 2.3% |
Unemployment (2008) | 4.2% |
Housing |
Subprime Mortgages 8 | 12.6% |
Median Home Price | $188,300 |
Metro Area Population: 1,645,000
Billionaires: John Paul DeJoria, Michael Dell
Best Big Companies: None
Best Small Companies: American Physicians Service Group
#30 on Top 30 Most-Wired American Cities 2009
#14 on Best Citites for Singles 2008
See Also:
Texas Metros
Here’s the link to the above article: http://www.forbes.com/lists/2009/1/bizplaces09_Austin-TX_2384.html?partner=email
--------------------------------------------------------------------------------AND------------------------------------------------------------------------------------------------------
FEBRUARY EXISTING HOME SALES, PRICES DECLINE
TEXAS (Real Estate Center, Reuters, CNN Money) – A total of 13,312 existing homes were sold in Texas last month, a 25.4 percent decline from February 2008, according to MLS data compiled by the Real Estate Center at Texas A&M University. The median price dropped 2.9 percent to $138,300 during the same period, and the state finished the month with a 6.7-month inventory of existing homes.
Here is how select Texas cities fared in February (data current as of March 31, 2009):
| Sales | Change from
Last Year | Median
Price | Change from
Last Year | Months'
Inventory |
Amarillo | 179 | down 34.7% | $118,800 | down 3.2% | 6.1 |
Austin | 1,196 | down 29.9% | $187,900 | up 4.2% | 6.1 |
Beaumont | 139 | down 9.2% | $132,800 | up 10.1% | 7.4 |
Bryan–College Station | 91 | down 25.4% | $139,500 | up 7.6% | 5.9 |
Corpus Christi | 235 | down 17.3% | $133,800 | down 2.1% | 9.3 |
Dallas | 2,916 | down 24.6% | $145,900 | down 1% | 6.3 |
El Paso | 326 | down 0.6% | $130,900 | down 2.2% | 11.4 |
Fort Worth | 491 | down 35.8% | $107,000 | down 7.5% | 6.2 |
Houston | 3,762 | down 25.3% | $138,100 | down 8.5% | 6.1 |
Laredo | 57 | down 16.2% | $121,400 | down 8% | 9.1 |
Longview-Marshall | 132 | down 21.9% | $118,800 | up 3.7% | 7.2 |
Lubbock | 199 | down 10.4% | $112,600 | up 11.2% | 5.7 |
San Antonio | 1,124 | down 27.3% | $143,300 | up 0.2% | 8.2 |
Texarkana | 53 | down 18.5% | $107,100 | up 13.7% | 7.6 |
Tyler | 178 | down 15.6% | $136,000 | up 4.1% | 10.6 |
Waco | 135 | down 14% | $101,100 | down 8.1% | 7.7 |
Additional home sales data for these and other major Texas cities are available on the Center’s website.
Nationally, sales of existing single-family homes last month were down 4.6 percent compared with February 2008, according to the National Association of Realtors. Sales were at a 4.72 million annual rate. At $165,400, the median sales price was down 15.5 percent from a year earlier. Inventory was at 9.7 months.
Meanwhile, the U.S. Census Bureau reported that new home sales rose 4.7 percent to a seasonally adjusted annual rate of 337,000 in February from a revised 322,000 in January. While February purchases were up from January's record low, the sales rate was still down more than 41 percent from February 2008, when sales were an estimated 572,000. The report also showed that the median sales price of new houses sold in February was $200,900, down 18 percent from $245,300 a year ago.
TEXAS COUNTIES ON THE GROW
TEXAS (Austin Business Journal) – An analysis of the most recent U.S. Census report found that ten Texas counties were among the top 25 fastest-growing counties in the country between July 2007 and July 2008.
That put Texas ahead of every other state, including California, which had six counties in the top 25, and Arizona and North Carolina, which had two counties each.
The analysis was conducted by the Capital Area Council of Governments.
Texas counties that made the top 25 were Harris (No. 2), Tarrant (5), Bexar (10), Collin (12), Dallas (13), Travis (14), Fort Bend (18), Denton (21), Williamson (23) and Hidalgo (24).
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Real Estate Center Online News
March 31, 2009
Copyright 2009. All rights reserved.
Material herein is published according to the fair-use doctrine of U.S. copyright laws related to non-profit, educational institutions. Items attributed to sources other than the Real Estate Center at Texas A&M University should not be reprinted without permission of the original source.