Market Blog

  • HomeAway’s Presence in Austin Grows, Brings Jobs

      In late July, vacation rental company HomeAway announced the opening of yet another office in Austin, which will lead to a total of six offices in the Texas capital. The new office will be located at 11501 Domain Drive, Ste. 100, Austin, and will cover 200,000 square feet. HomeAway also has a 16-story office building under construction, which will open in 2019 and will complete a three-... READ MORE

  • Austin Leads the South as One of the Best Cities for Jobs in 2018

      According to Forbes annual ranking of the best cities for jobs, Austin and Dallas led the south for 2018. For years, San Francisco and its tech driven area has topped the list, however, Dallas secured the No. 1 spot this year, while Austin came in at No. 2. With a widely known booming tech industry, it may not come as a surprise that Austin tops the list, however, the city’s impressive... READ MORE

  • City of Austin Will House the Army’s New High-Tech ‘Futures Command’

      In mid-July the Army chose the Texas capital out of 150 nationwide cities as the new location for their “Futures Command.” Some of the finalists included Boston, Philadelphia, Minneapolis and Raleigh, North Carolina. The organization will be headed by a four-star general and will oversee “the planning and purchasing of everything from futuristic helicopters to direct-energy weapons that... READ MORE

  • Austin Ranks Among Top Three Best US City Economies

      According to research conducted by Business Insider, of the 40 biggest U.S. cities, Austin has the third best economy. All the United States’ big cities play a critical role in the country’s continued prosperity, but some just do it better. San Jose and San Francisco came in first and second. Business Insider conducted their research by pooling together statistics about each cities’... READ MORE

  • Austin Named Among Top Ten Most Educated US Cities

      According to WalletHub author Adam McCann, “higher levels of education tend to lead to higher salaries” within a city, and people tend to marry individuals of the same educational level. However, where educated people decide to live is all over the map, whether it is a huge city with a large population or a city with many similarly educated people. WalletHub conducted research to... READ MORE

  • Austin Ranks Third Best Large City to Live In

      According to a WalletHub article written by Adam McCann urban cities make up less than 3 percent of U.S. landmass and yet hold 80 percent of the total U.S. population. Sixty-two of the largest U.S. cities were evaluated to determine the best in which to live, factoring in positives and negatives, such as high cost of living and range of opportunities. Austin earned 63.24 points in total... READ MORE

  • Austin: America’s Biggest Boomtown

      In a recent study, MagnifyMoney found the biggest current boomtowns in America, and Austin, Texas, topped the list at No. 1 with a score of 87.8/100. The Texas capital attracts people from across the country because of promising opportunities and a coveted lifestyle. Provo, Utah, and Raleigh, N.C., came in at second and third place. MagnifyMoney looked at the current 100 largest... READ MORE

  • Austin Apartments See Higher Demand, Occupancy, and Monthly Rents

      For the past few years, Austin renters had a break from rising apartment rents. However, this past June, Austin hit an all-time high with rents with $1,278 a month. Charles Heimsath, an Austin-based real estate consultant who tracks the local apartment market said he expects the market to continue going upward. While this is good news for developers, the rising prices are not so good for... READ MORE

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