More Renters May be Stuck

Reads the headline this week from Real Estate News, a publication from REALTOR.COM. The article was quoting from a New York Times piece which sated that homeownership is at an all-time low of 63.7% down from 69% in 2004. No surprise here as 2004 was the heyday of...

Apartment Occupancy at All Time High!

According to a recent CNBC piece the May nationwide apartment occupancy rate is 95.3%, or wise stated, it is FULL. With such high occupancy rates you could expect that rents would also climb and that is exactly what happened. The rent nationwide grew 5% in May, the...

Austin Job Growth Surges!

As reported in the Austin American Statesman last week Austin sidestepped the fall in oil prices and the state has shaken off any dust from that fall. In May the Austin area added 6,800 jobs (or about the size of a small city). The May unemployment rate, according to...