Jobs! Jobs! Jobs!

As everyone knows, more jobs means more housebuyers.  As jobs grow, consumer confidence grows.  So not only will people have more income to spend but also will be less reluctant to spend it.  Well, fortunately, Austin is once again on the top-ten list of job growth.  With 14, 300 new jobs in the past year, they land at #6 on the list.  And if you look at percentage growth, they are actually #1 on the list.  Hopefully, for the sake of agents and current homeowners this pattern will continue.

37 Responses to “Jobs! Jobs! Jobs!”

  1. Apts (1 comments.) says:

    That’s good news for Austin, hopefully everything will begin to settle down and the economy will slowly but surely recover. Stay positive!

  2. Green Bay Greg (2 comments.) says:

    Braxton couldn’t agree with you more on your insight here. Government sector doesn’t create jobs. Ooops did I say that out loud. Keep up the great work

  3. Brent Mitchell (1 comments.) says:

    That is great news! Austin hasn’t really seen the hit that most other cities have anyways. Last one in and first one out! Hook ‘em!

  4. steve (1 comments.) says:

    Its nice to hear that Austin is increasing its job growth. I just hope that our country would increase not just the job growth but as well the earnings of every workers:)

  5. Paul Viau - Novascotianhomes (4 comments.) says:

    Way to go Austin! Jobs are what the economy needs. I’m hearing rumblings coming Mexico – That the
    Car companies no longer think it’s a safe place! That’s good news for All car manufacturers.

  6. Property Marbella (4 comments.) says:

    Congratulation to the good position on the list, let Austin be the locomotive for jobs in U.S. and show the rest of U.S. have they have to do it.

  7. Robin Sherman (1 comments.) says:

    Austin has truly been a healthier job market than most and you are SO right, that does boost homeownerhship. Congratulations on your ranking! We are a bit insulated in Northwest Florida given our military jobs – a major Navy Base and Air Force Base – and the strong health care sector.

    Robin
    Pensacola Real Estate

  8. Minnesota Real Estate Blog (1 comments.) says:

    Without a doubt the job numbers have a direct effect on the local real estate market. We’ve seen decent home sales here in Minneapolis and I seen from the list you referenced that we’re number 12 on the jobs list. Lets hope the federal government can push us all in the right direction to get the unemployment rate down and hopefully improve the real estate market across the country. A lot of the problems with real estate right now seems to be a national fear.

  9. Russ@Beaufort SC Real Estate (1 comments.) says:

    Washington keeps talking about jobs but not enough about the housing market. I really do not believe they understand how much our industry affects so many people in the food chain. So yes jobs will help real estate sales but a better housing market and activity will also get the ball rolling in the job market too.

    Russ
    Broker-In-Charge

  10. Bohol Real Estate Properties (1 comments.) says:

    This is good news! People with jobs will definitely have better purchasing power. This will greatly benefit the housing industry.

  11. Warner Robins Real Estate (12 comments.) says:

    The list is encouraging for many communities…Congrats on Austin’s spot near the top.

  12. Dream Apartment Vancouver (3 comments.) says:

    I think Austin did a great job. Well done Austin and keep it up.
    Best of luck

  13. Austin Homeowners Insurance (1 comments.) says:

    We hope the grown pattern continues as well. Lately we’ve been a bit worried about rising interest rates and if that will turn away more buyers. Everything trickles down in the real estate industry from agents to home improvement contractors to insurance agents. Great post though and glad to see Austin up there!

  14. memphis bankruptcy lawyer (1 comments.) says:

    More jobs attract more people. It make demand for houses increase

  15. Luckily here in Huntsville, we weren’t hit as hard as the rest of the country. Much like Austin, we have a lot of entrepreneurs and thriving businesses abound. While I agree with the comment above about the government sector not driving a lot of new jobs, here, as a tech hub, there are countless government contractor small businesses, and without the govt’s needs, a lot of private sector businesses would be out of business here.

  16. Warner Robins Real Estate (12 comments.) says:

    We are fortunate here in Warner Robins GA to be home to one of the 3 Air Force Depots which provides a steady flow of military, civilians, and contractors coming/going to/from the area.

  17. Sachin M (1 comments.) says:

    I have found your blog to be quite useful. Keep updating your blog with in valuable information… Regards

  18. Carmen Brodeur (1 comments.) says:

    Congrats on being in the top ten! That is great news for the Austin economy. Hope that will help fuel a turn around in the real estate industry there.

  19. Chris (1 comments.) says:

    We are now just seeing some of the higher paying jobs come back to LA. I love Austins and Real Estate there is amazing.

  20. Property dice (2 comments.) says:

    This is a great news, always good to heard about it.more jobs…………people are waiting for that.

  21. Jo Amick (1 comments.) says:

    Congratulations on making the top ten. We all know how jobs contribute to the housing market and for the local economy. We would sure like to see that kind of growth in other parts of the country. That’s great news out of Austin. Way to go Austin, keep the jobs coming.

  22. Cape Coral Properties (2 comments.) says:

    Ive heard this, but happy to finally have a decent understanding of them. Thanks for sharing.

  23. Cape Coral Rental Management (4 comments.) says:

    Ive heard this, but happy to finally have a decent understanding of them. Thanks for sharing.

  24. White Rock Realtor (1 comments.) says:

    Good to hear! They were saying on the news today that even Seattle is seeing positive movement. However… they said house prices were only up 1/10 of 1%…. But at least it’s in the right direction :)

  25. Dennis Maier (1 comments.) says:

    Yes, without jobs we as Realtors are out of a job. Truth. My comment today is a plea to support the president’s job program. This is especially true for Texas education: http://www.miamiherald.com/2011/09/15/2408113/obamas-jobs-bill-could-be-boon.html

    Please pass this information on.

    Thanks,

    Dennis

  26. santa says:

    A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not for profit or state owned. A business owned by multiple individuals may be referred to as a company, although that term also has a more precise meaning. Thanks.
    Regards,
    Chandler Real Estate

  27. Amanda James(new comment) says:

    Great news! Austin did a pretty good job. Keep it up.

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  29. Villages of Parkwood(new comment) says:

    The U.S. private sector added 176,000 jobs from May to June while filings for unemployment insurance declined, according to data released Thursday 7-5-2012.

    The jobs gain from April to May was revised upward from the initial estimate of 133,000 jobs to 136,000 positions, according to the latest ADP National Employment Report.

    Villages of Parkwood

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  31. printing denver(new comment) says:

    Jobs are most favourite for all the guys . i think that we can b happy when we get our expected job.
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  32. Josh Malone(new comment) says:

    Wow that is really an impressive figure in comparison to most other areas of the country.

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  34. Homes in Janesville(new comment) says:

    Austin is definitely doing better than Wisconsin has. That’s for sure. Has the home market been picking up their lately too?

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  37. msWoods(new comment) says:

    Braxton, we are not doing quit as well in terms of job growth in Indianapolis, IN. I read a recent article that said we were 36th in the nation. However, we’ve had a significant drop in inventory with the recent increase in sales and currently have about 18,000 homes for sale in Indianapolis. Approximately how many homes for sale in Austin? Are you experiencing reduced inventory too?