Yesterday I wrote about Austin-area residential real estate:

"As I've been telling you over the past year annual price increases have abated noticeably, especially in 2019 -- to less than 2%.  Unless and until the supply of available housing grows to meet demand, or something happens to stop our employment growth and in-migration, this is probably where we will be. There's no reason to forecast a market downturn based on current market conditions ...."  (First-half 2019 Market Performance)

Today I found this article that is a great follow-up:

Austin Jobs Roar to Top 10, Attracting Investors (July 27, 2019)

And that isn't the only recent report like that:

Austin Chamber:  Job growth & unemployment (July 23, 2019)

Austin area population growth for 2019 among highest in U.S., says new report (February 26, 2019)

Austin jobless rate slips to 2.7%; demand for workers remains strong (April 19, 2019)

Is Austin, Texas, The Best City In America? (May 31, 2019)

Managing this kind of growth is a real challenge and success in the coming years, in my opinion, will depend on how well we rewrite land use policy to allow the addition of a greater variety of housing in all parts of town, leading to concentrated centers where more Austinites can live, work, and play, which will in turn make mobility solutions more workable than they are now.  On behalf of the Austin Board of REALTORS® I have been working on those issues for years, and I am optimistic that we're up to the challenge.  I remain bullish on Austin.