The year 2009 was a good one Austin as a preferred destination of foreign investors who are looking for viable investment opportunities in the United States. Latest survey conducted by the Association of Foreign Investors in Real Estate showed that Austin ranked 11th in the new survey of cities in the U.S. that foreign investors have found attractive to pour their investments in even during these times.

Conducted in the 4th quarter of 2008, the survey could be considered as reliable and worthy of our high hopes for a still dynamic real estate business in the U.S. because its respondents were Association members who have a considerable $1 trillion worth of real estate investments worldwide including the $371 billion in the U.S. alone.

This fact makes Austin’s standing even more enticing for foreign investors. Moving up from 16th place in 2008, Austin’s 11th latest standing was tied with Las Vegas, Phoenix, Orlando, Atlanta, San Diego and San Jose, California. Washington D.C. topped the ranking, followed by New York, San Francisco, Los Angeles and Houston for the top five.