Austin tops the lists again!

Brookings Institute in Washington, DC conducts their ‘MetroMonitor’ survey every quarter. They released their comparison research for the last quarter of 2008 to the first quarter of 2009. The top 5 cities are all in the South West Region. Naturally, Austin has ranked among the top 5, which also include San Antonio, Houston, and Dallas in Texas and Oklahoma City, Oklahoma.

The Metro Monitor survey reviews several aspects of a city to narrow the field. They choices include unemployment vs employment opportunities, average wages in the metropolitan area, and housing costs. After receiving Forbes recognition it was obvious that Austin would rank high on all of those criteria.

Austin’s results on the Brookings MetroMonitor were as follows:

Unemployment: remained steady

Job Opportunities: down .05%

Average Wages: Up 1.4%

Housing Costs: Increased 2.4 %

The state of Texas has many cities with positive opportunities, but Austin ranks at the top. Once again, it is obvious to see why Austin is doing so well while so many others are not. This is the place to raise a family, own a busienss, and develop your real estate investment network.