“The economic outlook for Austin generally mirrors the Texas forecast: local job .. and population growth outperforms the national economy of the Texas Workforce Commission forecasts growth of 3.1% of jobs, while the predicted Angelos Angelou local economist 2 , 3% unemployment rate for December 2007 was estimated at 3.6%, compared to 5.1% in Austin in October 2006.

Austin’s population growth by the high quality of life is operating in the region is the area as a top destination for singles and families move through several publications ranks. Also, MSN recently ranked Austin as â? The greenest city in America? , Continuing a string of one? Best OFSA? for the city. Located on the Interstate 35 corridor, had the city’s population growth in the third fastest American this decade, with Ft. Worth first and San Antonio fourth, according to the U.S. Census Bureau. The population growth of 42,000 is expected for 2008, registered down from a peak of 60,000 in 2006, according to the Austin American-Statesman.

The demand in the local real estate market is down from 2006, but remains positive, with houses usually longer on the market. Angelou predicts that if local producers react to negative national trends, housing starts fall in Austin, while the local market is still healthy and homes are always wondered what would become a low inventory of homes for sale new. The result, he predicted an increased demand for rent as apartments and would cause an increase in rents.

Another indicator of the local real estate market is the amount of work to do property inspectors because their work is usually required when real estate changes hands. In my study of most of the inspectors, said the number of checks by more than 50% since September 2007. Much has been said, but that may decrease the seasonal and that demand for their services should increase by May 2008.

Employment growth is to appear in Austin? s traditional strengths, such as government, education and health services. As the state capital and seat of Travis County, local, state and federal government employs more than 150,000 workers and thatâ? S should increase, according to Texas A & MA? S Real Estate Center. As a hub of education, with the University of Texas and more than 20 other universities within 30 miles, and several large public school districts, Austin will need more workers in education. Â? Live Music Capital of the World D? Employer continues to employ the health of many in the entertainment and hospitality, and great as Seton and St. David? s is expected to add workers.

increase with the high quality of life and of the population, Austin should see positive growth in employment by 2009.


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