The team here at Redfish spends the bulk of each and every day acquiring and analyzing buckets of data for markets around the country.  One of the things we do with each bucket is clean up the data and plug it into our Market Fundamental Scoring tool. 

The tool provides five different subscores and a total Market Fundamental Score.  One of the subscores deals with employment, employment growth, unemployment, and job creation – the Jobs Subscore.  Emerging market investors of all stripes know and appreciate what a critical feature job growth is in a market.  Intuitively the higher the jobs subscore, the better positioned the market is. 

Of the markets we study, the average score is 19.1, the median is 19.  

Here are the markets in the database as of today with the highest Multifamily Market Fundamental Jobs Subscore –

1. Austin, TX  (25)
2. Grand Junction, CO  (25)
3. Houston, TX  (24)
4. Raleigh, NC  (24)
5. Midland-Odessa, TX  (23)

Monday we’ll take a look at the markets with the worst / lowest Multifamily Market Fundamental Jobs Subscores. 

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