Austin among top searched real estate in U.S.

Austin was among the top ten most searched real estate markets last year, according to a recent Realtor.com report.

Las Vegas and Los Angeles came in first and second most searched markets every month last year, while Orlando, Fla.; San Antonio and Miami vied for the third, fourth and fifth most searched respectively. Phoenix, San Diego, Austin, Tampa, Fla. and Chicago, held the sixth through 10 positions for most months in 2010.

Austin ranked highest in October last year, coming in fourth most searched that month. The city didn’t appear at all on the top 10 in the first three months last year, then moved mostly between eighth and 10th.

The rankings were based on the number of visitors that viewed properties in each MSA from January 2010 to December 2010 on Realtor.com, operated by Move Inc. (Nasdaq: MOVE).

Despite changing market conditions, the nation’s most-searched destinations remained remarkably consistent, officials said, focusing on the sunshine states of California, Nevada, Florida, Texas and Arizona.

“As the number one homes for sale website, searches on Realtor.com show us where the highest potential for activity is across the country. Changing conditions throughout 2010 in the sunshine states resulting from foreclosures, the tax credit, interest rates and other factors created more interest in real estate compared to other states,” Realtor.com President Errol Samuelson said.

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Texas Continues to Grow

Texas Continues to be a Top State for Families who are Relocating 

 

Everything’s bigger in Texas – including its appeal as a destination for residents in 2010, according to Allied Van Lines’ 43rd Annual Magnet States Report released today.For the sixth year in a row, Texas eclipsed every other state and took the lead as the No. 1 magnet state in 2010 based on Allied’s report, which tracks U.S. migration patterns.

Texas realized the highest net relocation gain (inbound moves minus outbound moves performed by Allied Van Lines, one of the world’s largest moving companies) of 1,640, which is lower than the nearly 2,000 families it attracted in 2009, but it far outpaced all other states. Colorado came in second place, with net relocation gains of just over 400 and Florida, South Carolina and Arizona rounded out the top five states with the largest net relocation gains.

“Today there are more Fortune 500 companies located in Texas than any other state in the union,” said Bill Dircks, president of Berger Transfer & Storage, Inc. “With our branch locations in Austin, Dallas, Houston and San Antonio, we’ve serviced a large number of relocations into the state this past year. A healthy business climate, coupled with family-friendly cities, makes Texas a very attractive place to work and live.”

“Allied Van Lines experienced modest growth in 2010, and the trends noted in the Magnet States report are consistent with what we’ve seen when the economy begins to emerge from a recessionary period,” said Bill Lyon, Vice President and General Manager, Allied Van Lines.

“Relocation for employment is the leading motivation for an individual to move.”

According to the Texas Comptroller’s office, Texas’ position compared to other states remains strong in spite of national economic slowdowns. Thanks to a diverse, strong economy, employment in Texas has weathered the storm better than most other states. The Texas unemployment rate has been at or below the national rate for 45 consecutive months and unlike most states, Texas is currently adding jobs – up 172,800 jobs from October 2009 to October 2010.

Texas logged just under 9,600 total shipments and ranked third behind California (about 12,300 total shipments) and Florida (about 9,900 total shipments). California secured its title once again as “most mobile state,” with the highest volume of inbound and outbound shipments by international mover Allied Van Lines.

 

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Austin Rankings

#4 best place to visit in U.S.

(Lonely Planet, December 2010)One of the 10 Cities Best Situated for Economic Recovery

(Newsweek, November 2010)One of America’s 10 Most Affordable Cities

(Forbes, November 2010)7th Smartest City in America

(The Daily Beast, October 2010)Highly ranked among 50 U.S. Real Estate Markets to Watch

(PricewaterhouseCoopers, October 2010)2nd on the Milken Institute’s Best-Performing cities 2010: Where America’s

Jobs Are Created & Sustained

(Milken Institute, October 2010)

6th Smartest City in America

(CNNMoney.com, October 2010)9th Best Graduate Program for Entrepreneurs (University of Texas at Austin)

(Entrepreneur, October 2010)12th Best Executive MBA Program (University of Texas at Austin)

(Wall Street Journal, September 2010)One of Top 10 Fall Hotspots

(Travelocity, September 2010)Among 10 metros Where You can Buy a Home for Less than $800 a month

(U.S. News, September 2010)Among America’s Most Recession Proof Cities

(CNNMoney.com, September 2010)#2 Mid-Size Metro College Destination

September 2010)

(American Institute for Economic Research,In Top 100 Cities of the Global Innovation Economy

(Innovation-cities.com, September 2010)Among Least Stressed Cities in U.S.

(Portfolio.com, September 2010)7th Most Favorable Place to Look for Work

(The Conference Board, September 2010)Among Top 20 Brainiest Cities in America

(The Daily Beast, August 2010)Top U.S. Entrepreneurial Center

(Entrepreneur, August 2010)Among America’s Best Music Cities

(Travel+Leisure, August 2010)#5 for higher education excellence (University of Texas at Austin)

(Washington Monthly, August 2010)#1 Quality of Life Metro Ranking

(Business Facilities, August 2010)#1 for Renewable Energy Availability

(Business Facilities, August 2010)#2 Greenest Metro

(Business Facilities, August 2010)#3 Top City for Young Entrepreneurs

(Under30CEO, August 2010)Top City for Young Adults

(Kiplinger, July 2010)2010 Gave us even more reasons to love Austin!

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Census Data show Austin Housing Growth

By Juan Castillo and Shonda Novak

AMERICAN-STATESMAN STAFF
Published: 10:59 p.m. Tuesday, Dec. 14, 2010

New U.S. Census Bureau data illustrate a transformation under way on Austin’s fringes: a surge in home construction that has reshaped once-sleepy farming communities like Hutto, Manor and Kyle into sprawling bedroom communities.

The conclusions aren’t surprising, but the data, collected between 2005 and 2009, confirm recent housing trends and depict growth in Central Texas in dramatic strokes.

This picture emerges from the more than 11 billion bits of information released Tuesday by the Census Bureau that offer exhaustive details about how Americans live, from how they get to work to how much money they make to what language they speak at home.

Austin-area housing growth had its biggest impact along Interstate 35 north and south of the city and along the Texas 130 toll road. Median home values in those areas are less expensive than in Austin and areas to the west of Austin, the census data show.

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W Austin is bringing even more jobs to Austin

W Austin hiring to fill 300 jobs

By American-Statesman staff | Wednesday, September 29, 2010, 09:40 AM

The W Austin Hotel, nearing completion north of City Hall, will start hiring Thursday for 300 jobs.

Opening range from food service to security, accounting and front desk positions.

The W also is looking for a particular person to be its Insider — someone with “unparalleled local knowledge” who will be the face of the hotel.

The recruiting center, at 117 Lavaca St., will be open Thursday and Friday, 8 a.m. to 4 p.m., and Saturday 10 a.m. to 2 p.m.

Appointments will be available starting Monday. Candidates can apply online at www.whotels.jobs/austin or call 512-542-3680 for more information.

The 251-room hotel is part of the W Austin Hotel and Residences, which includes condominiums and new studios for the “Austin City Limits” music show on KLRU-TV.

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SunPower bring jobs to Austin

SunPower bringing 450 jobs to Austin

By Shonda Novak | Tuesday, November 23, 2010, 12:13 PM

In one of Austin’s biggest recent economic development wins, SunPower Corp. will create a new U.S. operations center here, bringing 450 jobs and an estimated $10 million in capital investment into the Central Texas economy, Gov. Rick Perry announced today.

Perry said the state would invest $2.5 million through the Texas Enterprise Fund. SunPower’s investment is contingent on a local incentive package becoming final with the City of Austin.

The jobs — in marketing, legal and finance areas — would created over the next four years.

SunPower, based in Silicon Valley, designs, manufactures and delivers solar technology around the world for residential, commercial and utility-scale power plant customers. The company has offices in North America, Europe, Australia and Europe.

Texas has great potential to become a significant solar market,” SunPower CEO Tom Werner said in a statement. “If policies creating a stable solar market across Texas are enacted, this commitment by SunPower could be the start of significantly more investment and job creation in the state by the rapidly growing solar industry.”

Mayor Lee Leffingwell said clean technology firms such as SunPower are “the type of industry we aim to attract and the kind of jobs we want in Austin.”

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New Info about Austin from The Census

The new census estimates are out and there is interesting information about Austin, TX.

Education
 

 

Currently our 38.7% of our population has a bachelors degree compared to 27.9% nationally. This is ranked 4th in the nation.
 

Population
 

Out of the 50 largest metropolitan areas Austin has the highest in-migration of population. According to the census about 6.9% of our population moved here in the past year.
Median age for Austin is 32.4 years old which is over 4 years less than national average.
Total population is now estimated at 1,705,075 for Austin and surrounding counties.

Income
 

Median household income is $56,218 compared to about $50,000 nationally.
Management and professional occupations lead the percentage of jobs at 42% which is about 38% nationally.

Real Estate
 

Our median home value here is about $4,000 higher than national average at $189,300.

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Thanks for visiting our page and our new homepage. Please take the time to visit our new Facebook and Twitter pages. Help support the launch of our new website and the preferred way to browse for homes in Austin.

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Welcome to Austin Is Home!!!

Austin Is Home recently launched its brand new website. Please take a look and let us know how we can help. Through our search functions, you can create custom searches and browse all of Austin’s real estate inventory.

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