Zillow Highlights “Silicon Prairie” Markets for High-Tech Growth

Jan 09, 2020

Residential mortgage professionals seeking to hitch their wagons to high-tech stars may want to focus on a new wave of so-called “Silicon Prairie” markets, according to a new data analysis from Zillow.

According to the Seattle-based brokerage, metro areas in the Midwest and South will see the expansion of high-tech industries thanks to their labor and housing markets. The top 10 markets with untapped potential for tech companies to grow, Zillow said, were Oklahoma City, Kansas City, Jacksonville, Indianapolis, Cincinnati, San Antonio, Memphis, Austin, Louisville and Columbus.

But what about the established high-tech hubs? Zillow noted that these markets are plagued with “eroding affordability and quality of life,” with California’s Los Angeles, Bay Area and San Diego metros scoring the worst affordability rankings of all the markets it examined in this study.

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Phil Hall

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Jan 09, 2020

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