blog~simplesearchapts.com August 14 2008 08:33:39 PM
I apologize for the lack of posts recently but I have been really busy. I am going to try to start posting every other day, I can't promise anything though. From what I have been reading it seems that the occupancy ratings have been dropping in Austin and Houston, but the rents don't seem to be falling quite yet. I suspect we will see it happen soon though. Austin and Houston both have their areas that are hot and cold. You can really dissect each city and see areas in which occupancy has risen and prices jumped up. You can also find just the opposite in each city too. This is really an interesting time to watch the rental market and see how it reacts to the economic factors. I have noticed from calling around to the apartments in both cities that you can find some good prices and good deals in you happen to call at the right time. They are getting leased up quickly so if you do get lucky enough to find one of those deals then you better lease it quick! I think some of the deals I have been running across are just a small taste of what is to come over the next 6 months. We are hoping the rents will start to come back down a little and we think they will. I hope everyone is doing well.
