Wednesday, September 16, 2009

Austin Employment to Lead

A forecast by IHS Global Insights says Austin and San Antonio will lead the nation's employment recovery, with other Texas cities following suit.
Austin and San Antonio will bounce back to their pre-recession job levels sometime next year, according to the economic forecasting firm....
If this forecast proves accurate, it will bode well for Austin homes values given that the level of employment is one of the indicators affecting housing demand.

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