With the economy pretty gloomy it is always good to see some positive information. Our national problems ussualy create a perception that the problems exist everywhere in the country. They probably do to an extent - everyone feels the pinch in different ways. This is a great article that shows the economy affects people in different ways and, at least, shows a light at the end of thhe tunnel. People in the Austin area and Texas as a whole are just closer to the light than other cities. Most consumers need to realize that real estate is local for these reasons. Forbes.com posted their "Best And Worst Bang For The Buck Cities" and they listed Austin, TX as the #1 Best City due to affordable housing and promising job growth.
Please review their article at Forbes.com.