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Job growth keeps area real estate healthy, economists say

By Shonda Novak
AMERICAN-STATESMAN STAFF
Wednesday, August 08, 2007

Backed by healthy job growth, Central Texas’ real estate market is expected to remain strong in 2008, a Texas economist predicts.

The strength should span the region’s housing, retail and apartment sectors, though the office market might lose some steam, said Mark Dotzour, chief economist and director of research at the Texas A&M Real Estate Center. Dotzour made his comments Tuesday at the Real Estate Council of Austin’s annual forecast event.

Austin tops the nation for business

Austin Business Journal - 1:53 PM CDT Monday, August 6, 2007

Austin is the best place for business in the U.S., according to Moody’s Economy.com Inc.

Moody’s, an independent economic research firm, reported that the Austin-Round Rock Metropolitan Statistical Area (MSA) earned the top spot over almost 400 metropolitan areas tracked by the company’s economic vitality index. In the last index, published in March 2007, Austin-Round Rock MSA ranked seventh. >>>Click for full article