Austin Rooftop Mural Location: Domain Northside|
Photo Credit: communityimpact.com
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Happy Thursday, Y’all! This week, I wanted to share an exciting update from the Austin City Chamber about our city's job market. According to their recent report, Austin has added 51,000 jobs in the last 12 months, resulting in a growth rate of 4.1%. This puts Austin as the 7th best-performing city among the top 50 metro areas. Other Texas cities also made it to the top of the list, with Fort Worth securing the #1 spot as the fastest-growing metro with a growth rate of 4.6%, followed closely by Dallas (4.4%) ranking at #2, San Antonio (4.2%) at #4 and Houston (3.5%) at #14.
In addition to this statewide job market success, Texas is making waves in other recent rankings! Chief Executive Magazine just released a list that declared Texas as the #2 best state to start a small business (check out the full details down below). This recognition further emphasizes the unique opportunities available in our area! Austin's steady job and population growth, which shows no signs of slowing down, have a direct impact on our real estate market. The demand for housing remains high, providing potential buyers with a wide range of options and potential sellers with increased opportunities.
If you want to discuss any of this further or simply want to chat, feel free to reach out!
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Texas Ranks No. 2 Best State to Start a Small Business in New Report
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Texas regularly ranks highly among business-friendly states, earning the No. 1 spot in Chief Executive magazine's recent annual report and the No. 5 spot in a February study of the best states for female entrepreneurs. Now, new research shows the Lone Star State stands out as one of the best places to start a small business, specifically," says CultureMap Austin.
"Business credit card experts Capital on Tap determined Texas is the second best state to start a small business, right after Florida. They retrieved their data from the U.S. Bureau of Labor Statistics based on several factors, including new firm survival rates, corporate tax rates, the number of entrepreneurs per state, and more."
"If a small business owner in Texas needed to take out a loan, they’d be able to secure $4,811 per employee, which is the fifth-highest average loan amount in a calculation of all 50 states."
Click here to keep reading the full article from CultureMap Austin.
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Ready to find your next home in Texas? Even if you’re looking outside of the Austin area, I have a great network of fantastic Compass realtors that I would be happy to refer you to wherever you're looking to reside!
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Your Guide to All Things
New & Noteworthy
in Austin
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Breathtaking Hill Country Hideaway is One of Vrbo's Top 10 Vacation Homes in the Country
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A magnificently hidden home located just an hour away from Austin has been chosen as one of Vrbo's "Vacation Homes of the Year" for 2023. It was the only Texas home chosen out hundreds of thousands of private
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... keep reading.
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Top Picks for Things to Do
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Travis County Parks Foundation's For The Love of Parks Event
Enjoy a fun and family-friendly afternoon at Richard Moya Park in East Austin to celebrate the launch of the Travis County Parks Foundation! This free event will feature live latin music by Del Castillo, food trucks, kids activities and more.
Click here for more info.
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Hill Country Galleria's
Bee Cave Farmers Market Opening Day
Head out to the Bee Cave Farmers Market this Sunday, which will offer a variety of fresh local produce, prepared foods and other goods. In addition to the market offerings, there will be some live music performances to enjoy while shopping! Click here for more info.
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Cheers to our wonderful clients! Their gorgeous East Austin property recently closed, and we couldn’t be happier for them and the new homeowners. It’s a perfect match, as the incoming homeowners are from Washington D.C., while our clients are preparing to settle into their new home in the same city! We wish them all the best as they embark on this exciting new chapter in D.C., and we are grateful that we were able to help make their selling experience a smooth and successful one!
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305 Tillery Square, Unit 2
3 Bed | 4 Bath
Representing Seller
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© Compass 2023 ¦ All Rights Reserved by Compass ¦ Made in NYC
The information contained herein does not purport to be complete nor, necessarily, accurate and should be independently verified; nor does it represent or constitute a legal analysis or financial advice. All of the financial projections and/or conclusions are provided for illustration purposes only. Compass and its agents disclaim any and all liability for representations and warranties, express or implied, contained in, or for omissions from, the information contained herein or any other written or oral communication transmitted or made available to the recipient. This represents an estimated sale price for this property. It is not the same as an opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
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