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Austin Ranked 3rd Most Recession Resistant City
In April of 2008, Austin was ranked the third most recession proof city by Forbes because of a lack of a housing bubble, low median home price, low unemployment, and strong job growth segments that would recover more quickly. Plus, Austin was known as “Silicon Hills” for its growing tech sector industries. Now, over two… Read More
My Favorite Little Austin Deli
I stopped by one of my favorite hidden Austin lunch spots, The Little Deli, today for lunch. Located in the Crestview Minimax shopping center at 7101 Woodrow, this gem is a staple that has served delicious sandwiches to the Crestview, Brentwood and Wooten Park neighbors since 1992. As the neighborhood locals will attest, former owner… Read More
4 Texas Cities Feeling Ease In Recession
According to a recent Forbes article, Texas has four of the the ten cities where the recession is easing. Below is a passage from the article: Good Fortune In The Lone Star State If one state is a poster child for economic recovery, it’s Texas, home to four of the 10 cities on our list…. Read More
Are Interest Rates On The Rise?
CNN Money is reporting that this should happen by the end of the month. The Fed has been buying mortgage-backed securities, the bundling of home loans that are used to fund mortgage lending, since late 2008. But next month it plans to complete its purchase of $1.25 trillion in mortgages. That could be bad news…. Read More
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