According to Forbes Magazine, Austin is the best city to find a job “based on employment growth trends, percentage of growth compared to last year, mid-term growth over 5 years, long-term growth over 10 years, and current year growth rates.” Realty Austin explains why this is important:
The housing market depends on jobs. People move to where the jobs are. When people move, they need housing and housing becomes higher in demand. As rent occupancy rates rise, homeownership becomes more appealing and the demand for housing improves home prices. Austin’s job growth is the best indicator of an improving real estate market which continues to improve as long as we have jobs and people move here for those jobs.