November 2, 2016 Comments Off on ULI/Allen Matkins Number of the Week: 2 Views: 318 Connect Classroom

ULI/Allen Matkins Number of the Week: 2

In partnership with ULI and Allen Matkins, Connect Media brings you the “Number of the Week” every Wednesday.

2: Austin and Dallas are the top 2 U.S. markets for real estate prospects

Austin is the highest-rated U.S. market for real estate prospects and Dallas/Fort Worth is number two, according to real estate experts surveyed for Emerging Trends in Real Estate® 2017, a joint publication of the Urban Land Institute and PwC.

“Texas has a lot going for it. Austin has been in the 3 to 5% range job growth for the last few years. We think it’ll probably slow down to around 3% in the next three years. That’s still very good job growth. And the types of jobs that Austin is creating are well-educated jobs,” said Matthew Khourie, CEO of Trammell Crow Company. “Austin is really one of the few cities of its size that really created a 24/7 environment, and it is hard to do. A lot of cities have tried it. Austin has really pretty much got that done.”

Read More at ULI

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

Tags: , , , , , ,

Comments are closed.