Austin Named No 1 City to Invest in 2017

We’ve known for a while that Austin’s housing market is hot, but a new study shows that the rest of the country has finally caught on.

A recently released report from PwC US and the Urban Land Institute named Austin the number 1 city in which to invest for 2017. Mitch Roschelle, a PwC partner and real estate research leader stated in a release that, “Austin’s rise to the top of the list signals the durability of the city’s long-term appeal to investors. Austin, along with many of this year’s top 10 cities, boasts attractive, niche neighborhoods and a vibrant, diverse economy.”

The report also notes that “the market is likely to continue to see more mixed-use development not only to bring compatible uses together, but also to enhance the experiential feel of developments.”

For further details about Austin’s ranking in the real estate investment world, and where other Texas cities fall on PwC US and the Urban Land Institute study, visit http://bit.ly/2ewwPD3

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