Depends on what sector you want to look in and the salary level you want... the upper level positions aren't there... but, a lot of mid level jobs in the finacial district are thriving... we shall see if it stays that way if the Home market takes a big hit like they are predicting...
Austin is a much better market for IT right now, IMO...
As for the software, yea, we use software that is targeted toward mortgage biz... Datatrac, Point, Loansizer, ACT...
but, some of the stuff I'm having fun with is networking... trying to get Microsoft Terminal services connectivity up to 95% or so... having a lot of DNS probs, right now... but, the company won't buy a new router, so it's fun trying to play with it... can't ping the server per addy, but can by IP on some seats...