Hip, trendy and high-tech, Austin has much to offer first-time homeowners. Even in economic downturns, Austin has maintained its value in terms of affordable housing, low inflation and promising job growth. The vibrant city is known as the live music capital of the world, and the sounds of blues, country, rock and roll, jazz and folk can be heard in Austin's renowned music districts on any given night. In 2009, Austin topped Forbes' list of Best Big Cities For Jobs and was ranked eighth on Kiplinger's Best Cities.

With soaring ceilings, exposed pipes and concrete floors, this chic Austin loft offers a modern, industrial look and a truly urban feel. The open kitchen features a large granite island and stainless steel appliances, and just off the living room, there's a spacious balcony with enough room for seating.

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