According to some reports, the Austin housing market may be improving. What would this mean to the job market in the city? Finding a job in Austin can be difficult to do, there is no doubt. However, there could be good news in the report that indicates that the market is in fact moving forward. An improvement in the housing market indicates that it is possible that other elements of the economy are improving as well.
One of the most important factors for a recovery in the Austin area will be job creation. With good jobs comes the ability to purchase homes. So, with the increase in the housing market right now, this could indicate that families are doing better. The housing market in 2011 was a missed bag, though. Home construction is down by 60 percent from the area's peak which occurred in 2006. But, home prices are on the rebound, which indicates sales are picking up and demand is in the market again.