Archive Monthly Archives: April 2007

Austin Rental Market Update – March 2007

Average rents for single family homes in Austin jumped 10% in March 2007 over the same month a year ago, to $1301 per month. Median rent increased 8% to $1195, meaning half of all homes in Austin lease for more than $1195 and half for less. Average days on market for rental homes fell 18% […]

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Posted by Steve
11 years ago

Austin Housing Starts Down – This is Good News

The article below is from today’s Austin Statesman. Builders have pulled back quite a bit on new home starts in Austin, mainly in the starter home market where many of the potential buyers can no longer qualify for loans due to the sub-prime mortage industry fall-out. The article states “Home starts in the $111,000-to-$150,000 range […]

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Posted by Steve
11 years ago