WalletHub's annual study, "Best Real Estate Markets (2026)," compares the real estate markets in 300 U.S. cities based on 17 relevant metrics, such as "housing market attractiveness," home value forecasts, housing affordability, population growth, and many others. Full article here: Austin boasts the 8th hottest real estate market among big U.S. cities (512) 853-0110...
Samsung Electronics Co. Ltd. will soon begin construction on its second semiconductor plant in Taylor as the company prepares its first factory to begin production by the end of the year. Samsung executives told shareholders Thursday that the company will break ground on its next semiconductor fabrication facility by the end of 2026 as demand for chips surges amid a broader artificial intelligence...
At its grand opening “Cyber Rodeo” event in 2022, Tesla Inc. CEO Elon Musk boasted that Gigafactory Texas was three times the size of the Pentagon. Over time, he said, the plant would represent an investment of more than $10 billion, generating at least 20,000 direct jobs and 100,000 more created by suppliers and other related businesses. Full article here: Behind the gates at Gigafactory...
Data centers power the cloud computing and artificial intelligence systems that have become central to everyday life, and they have emerged as significant economic engines for the regions that host them. Federal Reserve Banks in Philadelphia, Cleveland, Chicago, Atlanta, and Dallas have all cited data center development as a driver of regional economic activity in recent reports. Full article here:...
Amazon founder Jeff Bezos’ aerospace company Blue Origin may bring thousands of jobs to the Austin area after Hutto quietly approved an economic development package for a proposed manufacturing facility. AI Prefab Solutions LLC has opened a 197,000-square-foot headquarters and plant, a space nearly the size of three football fields, in Hutto, 30 miles northeast of Austin. Full article here:...
See how every state compares for your income — find out where you'd pay the least (and the most) in taxes. Even though we frequently hear complaints about Texas property taxes, the overall tax burden is #7 lowest in the U.S. and explains why more and more people and businesses are moving to Texas. Full article here: Which U.S. state has the lowest overall tax burden? (512) 853-0110...
The race to become America's next economic heavyweight may already have a frontrunner. The latest Internal Revenue Service (IRS) migration data show billions of dollars in taxpayer wealth flowing into Texas, while Census figures show the state's largest metropolitan areas continue to outpace much of the country in population growth, strengthening a decades-long shift in America's economic center of...
The Austin metro has more ranches for sale than any other metro area in the country underscoring the region’s growing role in a luxury real estate market fueled by lifestyle buyers as much as traditional ranchers. The Austin area had 727 active ranch listings in June, the highest total among U.S. metro areas. The median asking price was $1.4 million, down 6.7% from a year earlier. Four of the five...
Looking up at night, the moon feels a little closer than it used to — at least to those in Texas’ booming aerospace sector. When Cedar Park-based Firefly Aerospace Inc. successfully landed there last year — the first commercial company to do so — the moment highlighted an Austin-area aerospace and defense ecosystem that has seen nearly fourfold growth in the past five years. That’s got...
You’ve no doubt had concerns about the state of our Austin economy and real estate market the past few years which would be justified. I’ve reported on recessions and strong markets alike over the years in these posts. Beginning around 2002, we began a booming Austin economy that lasted until the Fed dramatically raised interest rates in early 2022 which threw a wet blanket over our real estate...
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