Austin ranks 10th in the U.S. in job creation Austin Business Journal
The Austin area added 6,200 private-sector jobs in the 12-month period between November 2007 and November 2008—the 10th biggest gain in metro employment in the country—according to figures released Tuesday by the U.S. Bureau of Labor Statistics.
Texas is showing considerable resilience amid a crippled national economy. The two largest markets in the state—Houston and Dallas-Fort Worth—registered the nation's biggest private-sector employment gains.
The Houston area added 42,400 jobs between November 2007 and November 2008, and Dallas-Fort Worth picked up 35,100. No other U.S. market gained more than 15,600 private-sector jobs during the 12-month period.
All four of Texas' major metro areas ranked among the top 10 in job creation in the last year. San Antonio was No. 4 with 11,700 new jobs.
But the rest of the country isn't faring nearly so well. Just one-fifth of the nation's 100 largest metropolitan areas managed to add any jobs at all. Seventy-eight suffered losses, 21 posted increases, and one was unchanged.
Detroit was hit with the biggest loss of private-sector jobs, 67,700 in 12 months. November 2008 brought the 38th straight monthly decline for Detroit.
Four other markets lost more than 50,000 private-sector jobs during the past year: Atlanta, Los Angeles, Miami-Fort Lauderdale and Phoenix.
The Week in Review
Units for Sale:Dec. 28 - Jan. 5, 2009 (compared to the same week in 2007)
New listings down this week 47.01% Pendings up 35.10% Solds down 3.86%
As for Average Prices:
Dec. 28 - Jan. 5, 2009
Sold average sales prices decreased 11.62% to $223,430. In 2008 it was $252,810 for the same week.
The Month In Review
December 2008 Units for Sale: (compared to December 2007)
New listings were down 12.84% Pendings were up 34.86% Solds decreased by 16.01%.
As for Average Prices:
The "New Listings" average list price is up 2.36% to 300,316. In December 2007 the average list price was $293,392.
Sold average sales prices decreased 5.66% to $238,867. For December 2007 it was $253,205.
Did You Know...?
That we had 9,929 active listings during the same week in 2007? Today there is 10,097 active listings! That is 3.78% increase from last year
ZIP Code: 78759 Approximate Location Boundaries: This report includes Austin and metro areas
About Patsy Snyder:
You will benefit from my straight forward style, enthusiasm, resourcefulness, trustworthiness, education and experience. I love working with people and I take pride in my efforts as a Realtor. I am truly a "born to be a Realtor" person.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
