“The U.S. homeownership rate held steady at 67.2 percent at the end of the fourth quarter of 2009, slightly lower than the 67.6 percent rate posted in the third quarter, according to the U.S. Census Bureau.” Continue reading
“We are far from retreating, given all of the uncertainty we’ve had to face we are now empowering a movement from mindless to mindful consumption.”
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Three more articles appeared today that demonstrate that developers and employers recognize the strength of the Central Texas economy and are making tangible bets on the future. Continue reading
Austin’s real estate market remains a significant bright spot among many U.S. metro areas that continue to struggle. I trust this recap will be informative, and helpful as you consider the current market position of your Central Texas home, or your plans to purchase a home. Continue reading
I’ve written so much lately about growth and opportunity in Austin-proper, I want to share that the entire area is getting a lot of positive attention. More to come as the year goes on …. Continue reading
As pleased as I am to be in our relatively healthy local economic environment, we must never forget that in many ways we are all in this together! We still need a national surge in private sector employment. That’s the keystone for all of us.
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We continue to add employers and employees, and to see investments in the future of our community. Our growth is undoubtedly constrained by the difficulty selling homes in other parts of the country, keeping people and companies from moving here that might otherwise choose to do so. Nonetheless, “cautious optimism” remains a good bet in the Austin area. Continue reading
It seems that I have been talking and blogging forever about the difference between the Austin/Central Texas experience during this recession and the way the recession has impacted other communities. Continue reading
Employers and investors continue sending encouraging signals about Austin. Continue reading
Where one investor falters, another sees opportunity. That’s the way the business world is supposed to work. We see it in action now in Austin, and I hope we’ll allow the local market to function naturally — win or lose. I believe we’ll win because I have confidence in Austin. Continue reading