The loft & condo market in Austin is heating up, and that's not just because summer is on the way! For some time, Austin has been seeing a surge in the real estate market and much of this is attributed to the development of new loft & condo developments. As the state's capital, Austin has no shortage of desirable drawing points. With a great economy and a strong job market Austin has asserted itself as one of the most favorable cities in which to live, not only in Texas but in the entire nation
One of the most attractive aspects of Austin is easily the educational climate. Austin is home to a number of highly regarded universities including the University Of Texas.
This environment has greatly benefited the economic sector, providing Austin businesses with a steady stream of highly educated workers. The result of this can be readily seen as Austin has a thriving industrial core with strong foundations in the biotechnology, the high-tech industry and defense contracting. Austin has numerous multi-national companies that operate from bases in the city such as Apple Inc, AMD, IBM, Dell, Intel, Sun Microsystems and Samsung to name a few. These companies along with a great number of locally owned corporations and companies have formed a solid economic base that will assure the secure future of business in Austin.
A good business environment naturally means that there is a great call for quality housing options. With transportation and increasing oil prices, living within the city has become more and more popular as the short commute equals saved money. Enter the condo. Condos are the perfect solution to this concern as most are built around major economic centers. They provide a lower cost of living and an ease that is highly desirable in a time where the average working individual has little time for yard work and home maintenance. Condos and lofts offer an attractive lifestyle and modern architecture or old world loft styling. Take your pick!