The Future’s So Bright We Have to Wear Shades
If you regularly check out our blog, it’s no secret: we think Austin is a heck of a place to call home. We’ve written about the consistency and integrity of our real estate market, about the vibrant local economy and the spend-happy residents, the strong and soon-to-be-booming again downtown condo market, and about the resiliency of the Texas economy overall. Well recently Kiplinger Magazine bestowed another impressive accolade on Austin,TX – we were recently named the #1 best city for the coming decade. WOW. What a statement. And from Kiplinger’s – the pros in personal finance, investing, and forecasting – that’s nothing to sneeze at.
What Makes Austin #1?
It’s only natural to ask: how do they decide who’s number 1?
According to the article, the focused on places that specialize in outside-the-box thinking, because we all know new ideas generate new business. The “numbers guru” who decided on Austin as the #1 pick, Kevin Stolarick, knows that innovation is the name of the game: “In the places where innovation works, it really works.” The three elements most important to this determination are smart people, great ideas, and collaboration, and the combination of a winning university, strong local government, plethora of business organizations and community programs, and creative workforce just can’t be beat in the ATX.
Austin is also home to a dozen VC (venture capital) firms as well as 20 business associations. And as we all know, it’s also among the most tech-savvy US cities, having recently landed Google and Facebook as local employers to add to our already impressive array of tech companies including 3M, Motorala, AMD, Intel, Texas Instruments, and more.
Austin also topped the Portfolio.com small-business-vitality chart in 2010, and between 2004 and 2009 (a time when national employment fell), Austin’s employment increased more than 15%
Check out the following story of a successful entrepreneur from the article:
Everything may be bigger in Texas, but Austin’s genius is nurturing the power of small. Just ask Rob Neville, who wants to develop his biotech firm, Savara Pharmaceuticals, into a major player in the field of inhaled-drug therapy. The firm started in Kansas, but Neville transplanted it to Austin because the city is arguably the country’s best crucible for small business.
Neville, a native of South Africa, has rooted his company in a city with, he says, “a huge angel-financing network, billionaires who will freely offer you advice,” plus a culture that “attracts the best and brightest, who will work for less just to be in Austin.” Savara is based in the city’s renowned Austin Technology Incubator. Austin Technology is a joint project of the University of Texas, which is a research powerhouse, the city of Austin and the business community — just one example of the collaboration that characterizes the city.
Neville isn’t himself a scientist. “Many people could have done a life-sciences company better than me,” he admits. But he has faith in Austin. His first company, software firm Evity, blossomed in Austin; Neville sold it to BMC Software for $100 million in 2000.
About Red Home Realty
Red Home Realty is a forward-thinking group of ambitious real estate professionals that look at real estate differently because the old way is broken. Traditional real estate brokers have had their fun, and now it’s our turn – We’re changing the game in Austin real estate.
We’re Tech Nerds - While some Austin Realtors are struggling to sync their Blackberry, we live and breathe technology. From our powerful Austin Home Search tool for buyers to our online and social media marketing for sellers, we use technology and common sense to connect with the market.
20% Cash Back Rebate – We make it easy for savvy consumers to find their new home online so when you buy with us, you get 20% cash back. It’s like one of those big bailouts you’ve heard about, except the money goes in your pocket, not to Wall Street.
It’s all about YOU – You’re not just a lead, you’re a guest in our home where you can expect Ritz-Carlton level service. We are ladies and gentleman empowering ladies and gentleman with new tools on new platforms backed by market data and facts – good, bad, or ugly.