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May 2015

There are 4 blog entries for May 2015.

Cleantech Contributes $2.5 Billion to Austin Region’s GDP

Wednesday, May 27th, 2015 at 5:25pm. 3,873 Views

Austin electric chargerThe cleantech sector contributes approximately $2.5 billion to the Austin region’s GDP, according to the first ever economic impact report for the industry. The report, created by CleanTX, the development organization for clean technology in Central Texas, along with Austin Technology Incubator, also found the industry employs nearly 20,000 individuals in the region, which includes Georgetown, Round Rock, San Marcos, Westlake, and other area cities.

In the first attempt at quantifying the Central Texas cleantech sector, the report cited the industry’s expected growth in the coming years. Cleantech employment in the Austin region is projected to grow 11.24% by 2020; this is almost two percent higher than the statewide expected growth of 9.3% and almost

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Austin Number Three City for Starting a Career

Wednesday, May 27th, 2015 at 3:56pm. 4,794 Views

Apple jobs AustinMillennials, take note.

Austin, Texas was named the third best city in the nation for starting a career, based on an analyzation by WalletHub of a combination of professional opportunities and quality of life. Overall, Austin ranked number one for its quality of life and number 11 for its professional opportunities.

The study aimed to represent the factors “young people have in mind when looking for a place to set down roots.” And, WalletHub was cited in a Forbes article: “Not only do more employers plan to hire recent college grads in 2015, according to the National Association of Colleges and Employers, but hiring in general is also on the rise.”

downtown austin condosWalletHub analyzed and ranked the 150 most populous U.S. cities to find the results, which included

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Austin, Texas Real Estate Market Update and Statistics May 2015

Friday, May 22nd, 2015 at 11:20am. 2,444 Views

All-Time Highs for Austin Real Estate

Tarrytown Austin homesAustin area home sales increased for the eighth-straight month in April, breaking the April sales volume record and hitting an all-time high for prices, according to the April 2015 Multiple Listing Service (MLS) report released by the Austin Board of REALTORS®.

“The summer selling season doesn’t usually start in April, but it arrived early this year with significant increases in single-family home sales and prices for April 2015,” said ABOR President Barb Cooper.

Home Prices

Home prices in the Austin area hit an all-time high, once again. For April 2015, the median price increased 14 percent year-over-year to $274,000, and the average price increased 11 percent to $341,054.

“Showing the impact of

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Austin Named Best U.S. City to Buy a Home

Tuesday, May 12th, 2015 at 6:03pm. 3,218 Views

Austin skyline homesYes, it is getting more expensive to buy a home in Austin, Texas, but according to SelfStorage.com, it’s still the best city in the United States in which to buy a home.

SelfStorage looked at the 60 biggest metro areas in the U.S. and factored in recent real estate price increases, long-term economic growth, long-term job growth, availability of relatively new housing, cost premium (the ratio of the local median home value to the local median income,) and real estate taxes – all to declare Austin the winner.

How did we stack up? The report cited:

  • Austin had the highest long-term job growth, at 3.1%.
  • Austin the second-highest economic growth among the Top 12, at 4.1%.
  • Austin had the second-highest share of recent construction, at 33.1% of

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