Skip to main content

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

Phil Hall
Jan 09, 2020
Photo credit: Getty Images/spainter_vfx

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.

 
Published
Jan 09, 2020
KBRA Assigns Preliminary Ratings To SEMT 2021-6

Pool Of 497 First-Lien Loans Combined Have A Principal Balance Of Nearly $449M

Industry News
Sep 16, 2021
Fugo Appoints Bahlman As VP, Client Relations & Sales

Brings 19 Years of Experience To Texas-Based Back-Office Support Company

Industry News
Sep 16, 2021
Envoy Mortgage Expands To Atlanta

Envoy Mortgage lender expanded its Southeast operations to Atlanta, GA.

Industry News
Sep 15, 2021
FHFA Suspends Controversial PSPA Amendments

Today, the FHFA will be suspending controversial provisions added to the Preferred Stock Purchase Agreement (PSPA) on January 14, 2021.

Industry News
Sep 15, 2021
Covius Holdings To Acquire Nationwide Title Clearing

All 670 NTC Employees, Including Senior Management, Will Join Covius

Industry News
Sep 14, 2021
MBA Appoints AVP Of Diversity, Equity, & Inclusion

Promotes Amber Lawrence From Position As Associate Director Of Career Development Programs

Industry News
Sep 14, 2021