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Austin Real Estate Update

On September 23, 2011 By

Another weird week in the global markets.  Whew I’m not going to comment on that since I don’t have any real answers to the many questions.  On the other hand, may be shaping up to be a very good time to invest in real estate.  Rents continue to be high for detached single family homes […]

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Rental rates are recovering from their lows during 2002-2009, the “$0 down, everybody qualifies for a home loan” period. So we see a return to normal. A 3 bedroom – 2 bath home actually leased for as much in 2000 as 2010. Probably this spring and summer it will be increasingly difficult to find a decent home in a decent location leasing for below $1300 per month.

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