February 2015 – Austin Property Team

Good time for investors bad for renters
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Good time for investors bad for renters

Investor News and Announcement

Good time for investors bad for renters

According to a recent report by Bercadia Mortgage indicated the Austin rental market is looking at another 4.5% increase in rates for 2015. This isn’t a good sign for renters but definitely for those investors owning rental property. The average market price will be $1,185/mo. According to the study that 4.5% increase includes the newer […]

Rents ease but still high
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Rents ease but still high

Tenant News and Announcements

Rents ease but still high

According to the Austin American Statement article, here, the apartment residence might start seeing a little bit of a slow down on rent increases. Over the past 3 years Austin has been increasing steadily on rental rates with no end in site. Developers have been scrambling to meet the demand of new residences coming […]