According to a recent article in the Austin Business Journal, Austin is ranked number one for real estate development. It came in at number four for real estate investment. Studies were conducted by the Urban Land Institute and by PwC LLP. The article went on to state that the 2016 outlook for all property types is well above average but the areas of single family and retail stood out the most.
Just more reasons why it is a good idea to own residential real estate in the Austin area.