austin skyline

October 26, 2016 Comments Off on Austin Tops ULI’s “Emerging Trends in Real Estate” Survey Views: 231 Austin, Texas News

Austin Tops ULI’s “Emerging Trends in Real Estate” Survey

The city of Austin was ranked best for overall real estate investment and development opportunities in the United States, according to a survey from the Urban Land Institute (ULI). The “Emerging Trends in Real Estate” survey, which ULI conducts jointly on an annual basis with PwC (formerly PricewaterhouseCoopers), monitors opinions and rankings from 1,500 professionals in the real estate business. Austin moved up to first place, beating out Dallas.

Though real estate acquisition and development drove Austin to the top, the Capital City’s rank dropped to 11 when it came to homebuilder opportunities. The reason for the drop could be costs of land, labor and development. In addition, the region faces increasing traffic congestion and higher costs of housing and doing business.

Read More at Austin Business Journal

Download the Report

For comments, questions or concerns, please contact Amy Sorter

Share on FacebookTweet about this on TwitterShare on LinkedInEmail this to someone

Tags: ,

Comments are closed.