If you are a US real estate developer and want to stand out in the market, Austin is the place to be. This is the conclusion raised by annual “Emerging Trends in Real Estate” survey released on Wednesday, citing that Austin is now the best place for real estate investment and development throughout the country. Experts say that despite Austin being a “fluke” in the past five years, it is now a growing market for real estate developers. They also expressed that if Austin sorts out its local issues such as cost of living, transportation and others, it will be a larger market in the future. Last year, Dallas led the survey with Austin following close behind.
Read more about this here: Austin tops Dallas in national real estate development report; caution flag raised over housing