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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (57941)	7/18/2006 12:18:04 PM
From: John Vosilla	Respond to of 306849

'About 1,110 new units have been added in Central Texas through the first six months of this year. In 2005, 1,819 new units were added. "That is an extremely low number," said Robin Davis, manager of Austin Investor Interests LLC, which compiles statistics on Central Texas apartment rents and occupancy rates. "We have not added many units in the last two or three years." In 2001, nearly 10,000 new apartment units were added to the market, leading to a dip in rental prices that lasted about three years' I bet you'll find the high vacancy rates are in new single family areas these days. I track 4/2/2's for rent in San Antonio area. Steady rise from 487 to 594 in just two months. That seems to be a large amount for a market that size. realtor.com