A recent issue of Forbes magazine has ranked Austin, Texas, number 3 for the best cities to find employment.  The magazine has Austin coming in as number one for income growth and number two for job growth. This is a very good sign for the condo and housing market because as job opportunity grows, so does the need for new homes for an expanding workforce.  According to the Texas Workforce Commission, in Austin, job expansion figures indicate 29,500 new jobs during a 12 month period ending September 2007.  This is a 4 percent gain in employment during the past year. When you combine these new jobs with affordable condos, townhomes, lofts, and single-family homes, there is exceptional opportunity for high saturation over the next year.  There are some great austin condo projects in the works right now that will have the duty of creating supply for the housing demand that these new jobs will bring.  Montevista Condos, for example, start in the low 100s, and range in size up to 1,500 square feet. Compared to many other markets in the US, such as San Diego condos, or New York condos, this is very affordable.  Take a look at other Austin condos on www.newcondosonline.com. 

Austin, Texas is know as one of the most popular cities in the great state and attracts people of all ages for college, work, recreation, and retirement.  Being from Dallas, I have spent many weekends in Austin which is chalk full of history, art, and a rapidly developing urban village.  More and more commercial and residential developers are acquiring property in Austin to construct condos, restaurants, bars, retail space, and more.  Austin condo developers have been taking advantage of the vast amount of land surrounding the cities including lake front property! 

For example, a new development featured on New Condos Online, Star Riverside, is right on Town Lake.  Star Riverside boasts 66 new modern condos designed by Marchese Partners International and devloped by Constellation Property Group.  River front and lake front property in Austin is a hot commodity.  The landscape surrounding this rapidly growing metropolis is intertwined with rivers and lakes.  This city is a boat owners heaven on earth!

Another massive new condo development we are currently featuring in Austin is MonteVista Condominiums by Premier Financial LLC.  This 348 unit development offers homes starting from the low $100's!  That is another great thing about Austin condos...they are incredibly affordable.  

So if its the luxury of a great urban invironment coupled with supreme outdoor recreation, Austin is probably one of the greatest places to live in the country.