Texas defies trend in home price declines

Only one metro area in the state, Beaumont-Port Arthur, posted a decline in median price for a single-family home, down 5.3 percent, when compared with the year-earlier quarter. The median price in the Austin-Round Rock area rose 6.4 percent, one of the best results in Texas, the trade group said.


Best and Worst Places to Buy a House
Killeen, Round Rock, Austin, Texas: Killeen has the lowest average home price in any market in the nation while still maintaining quality. Round Rock and Austin have seen incredible job growth and very stable home prices despite the downturn nationwide. Jobs continue to grow here -- a factor for keeping inventory low and prices stable.

Austin economy spanks the competition

High-tech, a booming film industry and the University of Texas all helped propel Austin to the top of Forbes' 2008 list of America's Fastest Growing Metros.


Austin economist says 2008 will see modest job gro
Builders didn't recognize that the local market is healthier than the rest of the country, economist says.

America's Fastest-Growing Metros
With an estimated 32% GMP growth from 2007-2012, Austin, Texas, is the winner for big metros.

HelioVolt picks Austin for first plant

HelioVolt Corp. is expected to announce plans Thursday that it will locate its initial manufacturing facility in Austin.

The company will lease the 122,400 square feet Expo 8 building that Trammell Crow Co. recently completed at Expo Business Park in Southeast Austin, near Montopolis Drive and Burleson Road, as previously reported in the Austin Business Journal earlier this year.

HelioVolt founder and CEO B.J. Stanbery says he expects the company to move in next year pending completion of city permits and bring up operations shortly after.

The decision ends a months-long period of suspense about the future of the homegrown clean tech company, heralded by city leaders as the most successful start-up in recent Austin history.