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Biz Bits: Nebraska a good place to live -- and be an attorney

Despite what continues to be a sluggish housing market in Lincoln -- home sales in the first six months of 2011 were the worst during that period in nearly 15 years -- the local and state real estate markets continue to gain accolades.

In a June 30 story headlined "Housing turning around in spots," USA Today cited a study from a company called Housing IntelligencePro that showed Nebraska had the second-largest per-square-foot increase in prices of non-distressed homes from the beginning of 2006 to the end of the first quarter of 2011.

Only Oklahoma, whose prices increased 17 percent during that period, beat Nebraska's 12 percent increase.

Even with the rising prices, though, Lincoln's real estate market continues to be a bargain, according to MSN Real Estate.

The website ranked Lincoln No. 8 on its list of 2011 Most Livable Bargain Markets.

MSN noted in its ranking that Lincoln has a low cost of living, including low-cost housing, a higher-than-average percentage of people with college degrees, a low unemployment rate and a higher per-capita income than many other similar-sized Midwestern cities.

MSN isn't the only organization lauding Lincoln as a good place to live.

RelocateAmerica, a website offering relocation information on more than 6,000 U.S. cities, has named Lincoln one of its Top 100 Places to Live for 2011. It's the third-straight year Lincoln has made the list.

The website also compiles a Top 10 list based on fan votes. To vote for Lincoln, go to http://www.relocateamerica.com/top-100-cities/. The last day to vote is Sunday, and the results will be announced Tuesday.

We have the right number of lawyers

Possible good news if you are a lawyer or someone about to graduate from law school in Nebraska.

An analysis by Economic Modeling Specialists Inc. says Nebraska is one of only two states plus the District of Columbia that is producing fewer new lawyers than there are openings for attorneys.

According to a post on the company's blog, 109 people passed the bar exam in Nebraska in 2009 and there are projected to be 112 annual job openings for attorneys in the state from 2010-2015, giving the state a surplus of three openings. Only Wisconisn and D.C. had more.

However, the writer of the blog post points out the flaws of his own methodology.

For example, there were actually 279 people who graduated from law school in Nebraska in 2009, meaning there actually could be more than 109 people who passed the bar who are looking for jobs in Nebraska.

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