forbes article

A Forbes Article ranking "the Next Big Boom Towns In The U.S." ranked Austin as the #1 best positioned city in the U.S. to "grow and prosper in the coming decade?" "To determine the next boom towns in the U.S., Forbes, with the help of Mark Schill at the Praxis Strategy Group, took the 52 largest metro areas in the country (those with populations exceeding 1 million) and ranked them based on various data indicating past, present and future vitality.

This week the 2008 Forbes list of the world's billionaires was published.

There are a few factors that drive real estate prices higher in a normal market. At the top of the list are the performance of the local economy, job growth, and population growth.