Market Blog

  • Apartment Buildings in Killeen, Texas, Increase in Popularity

      In close proximity to Austin, Killeen, TX has become a practical alternative for investors and residents, compared to Texas’ main cities like Dallas and Austin. As of January, the population stood at roughly 144,000, a significant spike from its population of 86,000 in 2000. With its rising population comes a need for more housing. A point of interest for buyers and sellers in Killeen is... READ MORE

  • Opportunity Austin: Fourth Five-year Plan Will Launch Next Year, Third Plan Wraps Up

    Opportunity Austin is a five-county economic development initiative by the Austin Chamber of Commerce, according to an article by Daniel Salazar of the Austin Business Journal. Every five years, the quiet effort of hundreds of investors produces a plan implemented over five years. After 15 years, the third plan will wrap up this year and the fourth will start up in 2019. With a good track record... READ MORE

  • Austin Ranks No. 3 of 100 Largest Metro Areas for Jobs Requiring High Digital Skills

      The term “digitalization” has taken over the U.S. economy and workspace in the last few decades as digital technology has worked its way into nearly every single business. The recent Brookings report, “Digitalization and the American workforce,” by Mark Muro, Sifan Liu, Jacob Whiton, and Siddharth Kulkarni, highlights the jobs that require high, medium or low digital skills: Austin ranked... READ MORE

  • Oracle Company’s New Campus Expected to Transform South Downtown Austin

      For the past 16 months, Oracle has been building their new campus that overlooks Lady Bird Lake east of downtown Austin. In a move that shows Oracle’s belief in Austin as a tech hub, the building office space will house 30,000 tech workers, according to an Austin American Statesman 512Tech article by Lori Hawkins and Shonda Novak. Oracle, the world’s second largest software company, is... READ MORE

  • City of Austin Proves to be a Major Tech City Once Again

      In the past few years, Austin has earned credibility for being an impressive and budding tech city. In an annual report released in November by CBRE Group Inc., Austin proved once more that its tech market is one to note. The study measures the tech industry’s influence on the office market, and Austin ranked No. 1 out of 30 North American markets for its tech sector’s share of “major... READ MORE

  • Texas Ranks No. 3 in Job Growth Rate

      In the blog post “State Employment Changes October 2017,” Ted Jones, Chief Economist and Senior Vice President for Stewart Title Guaranty Company, lays out the latest statistics on job growth across all 50 states and the District of Columbia. The data ranges from October 2016 through October 2017 — Texas earned a spot at No. 3 with a job growth rate of 2.62 percent, only 0.16 percent less... READ MORE

  • Austin Ranks as the No. 1 Texas City with Best Credit Score, Lease Approval

      A RENTCafe.com study scored 50 cities nationwide on their average credit score approved for apartment leases. Austin ranked as the No. 1 city in Texas out of seven others, and No. 18 out of all 50 cities. The scores are based off of the VantageScore credit score model, which uses a 300-850 scale, and is comprised of data from RentGrow and rental publications submitted between 2014 and... READ MORE

  • Austin ranks No. 2 for American City Business Journals 2017 Economic Index

      Every year the American City Business Journals (ACBJ) releases a report detailing the top metropolitan cities with economic vitality. Austin earned itself a No. 2 ranking this year. The ACBJ Economic Index analyzes the top 100 metros using data from a handful of government agencies such as the U.S. Bureau of Labor Statistics and U.S. Census Bureau. Among the statistics gathered for each... READ MORE

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