Tag Archives forRental Market

Austin Lease Extensions Depend on Timing and Season

As we head into the Spring/Summer leasing season in Austin, and I just mailed my first batch of renewal letters, I’m already fielding inquiries from tenants who have lease-end dates that don’t coincide with their future plans. ┬áThe inevitable question is “can we have a move-out date of x instead of y? For one tenant, […]

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Posted by Steve
6 years ago

How to Find and Lease a Rent House in Austin TX

As the listing agent for a lot of rental homes in Austin (for over 20 years), I’ve been dealing lately with a lot of really angry, frustrated renters and agents. The reason for the upset is primarily the renter losing a home to other (multiple) applicants who applied quicker and/or had their act more together. […]

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Posted by Steve
7 years ago

Austin Rental Market Update – Nov 2011

Rents continue to rise in Austin as more buyers opt to be renters and the supply of homes shrinks relative to demand. See the graph below for a snap shot of the wild ride Austin rental rates have taken since 1999. It took over a decade for Austin’s rental rates to return to their 2001 […]

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Posted by Steve
7 years ago

Why Online Repair Request Forms Are Best

Most Austin Property Managers, in fact all that I know, require tenant repair requests to be submitted in writing. This is required by Texas Property Code as well as the commonly used TAR (Texas Association of Realtors) and TAA (Texas Apartment Association) lease forms. It’s good practice for tenants to follow, even if the landlord […]

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Posted by Steve
7 years ago

Austin Rental Values vs. Zillow Zestimates

Zillow now offers “Zestimates” for rental properties in Austin. Want to see how much a home might rent for? Just look it up on Zillow the same way you would the value of a home in Austin. Let’s see how accurate it is. I took a look at some actual homes I manage, from all […]

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Posted by Steve
8 years ago

Austin Rental Market Update – Aug 2010

The Austin rental market remains strong, and rent values continue to rise overall. Let’s start with a look at the historic rental value graph. Going back to 1999, the YTD 2010 average and median rental rates still remain below the peaks of 2000/2001. The big dip in rental rates in Austin following the peak in […]

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Posted by Steve
8 years ago