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Austin, Texas Metro Rental/Leasing Statistics: January 2024

  Hi George-Vance, As we sail into February, I’m excited to share the Austin Metro rental/leasing data for our first month of the New Year! As always, I have been closely monitoring our investor and rental market activity in the Austin Metro Area and I am including the January 2024 statistics in this newsletter along with observations and notes. January 2024 SFR and Duplex Rental Stats below :    Main Takeaways: DAYS ON MARKET (DOM) REMAIN HIGH One of two consistent trends continuing from 2023 to 2024 (for now) is that it's taking a lot more time to lease properties. The largest contributing factor for this in 2023 was due to the large increase in inventory available for lease on the market. However - a notable change in the inventory we see in January 2024 is that we have a decrease in new SFR listings YOY. I will continue to track inventory closely this year (along with everything else) in relation to DOM.  We can combat Days on Market by focusing on TWO THIN...

Per the Miliken Institute; Austin, Texas takes #1 top spot as 'best-performing' US city in 2023. Raleigh, Boise and Salt Lake City also big winners on respected ranking

  About Best-Performing Cities https://milkeninstitute.org/best-performing-cities https://milkeninstitute.org/best-performing-cities/large-cities Welcome to the Best-Performing Cities (BPC) webpages. The BPC rankings offer an objective evaluation of the economic performance of US metropolitan areas based on 13 indicators that cover labor market conditions, high-tech impact, and access to economic opportunities. This year, two new metrics are incorporated into the index: community resilience and income inequality. To ensure that population size doesn't skew our results, we've divided US metropolitan areas into 200 large and 203 small cities. We've then classified these cities into five tiers, with Tier 1 being the highest-ranked cities and Tier 5 being the lowest-ranked cities. You can learn more about BPC's large and small cities by using the navigation buttons at the top of the page. The 2024 Milken Institute Ranking of Large U.S. Cities Austin-Round Rock Raleigh, Nort...

University of Texas Men's Lacrosse Spring Schedule 2024. It's free to attend @ the Caven Field across from the Football Stadium

 https://utlacrosse.com/ 2024 Game Schedule OPPONENT VENUE DATE RESULTS  @  Texas Christian Texas Christian University Fort Worth, TX Sun Feb 04 2:30pm N/A   USC Caven Lacrosse Complex Austin, TX Sat Feb 10 6:30pm N/A  @  Texas State Texas State University San Marcos, TX Sat Feb 17 1:00pm N/A   Missouri University of Oklahoma Norman, OK Sat Feb 24 2:30pm N/A  @  Oklahoma University of Oklahoma Norman, OK Sun Feb 25 12:00pm N/A   Clemson Southern Methodist University Dallas, TX Fri Mar 01 7:30pm N/A  @  Stanford Stanford University Stanford, CA Thu Mar 07 7:00pm N/A   Georgia Tech University of California - Berkeley Berkeley, CA Sat Mar 09 2:00pm N/A  @  California University of California - Berkeley Berkeley, CA Sun Mar 10 12:00pm N/A   Oregon University of Texas Austin, TX Sat Mar 23 7:00pm N/A  @  Southern Methodist Southern Methodist University Dallas, TX Thu Mar 28 7:30pm N/A  @  LSU ...

Are you interested in helping save the business DIRTY MARTIN's on the Drag, near The University of Texas? Click here to find out how.

  Please help submit comments to the FTA! Our effort to SAVE DIRTY’S! continues Friends of Dirty Martin’s Place, Despite all the changes and the impact on our community, including displacement of Dirty Martin’s, residents, and other businesses, and the uncertainty about how Austin can pay for Project Connect, the city is moving forward anyway. As part of the process, they must prepare an Environmental Impact Statement. Included in that study, they must seek meaningful public comment.. Our ask of you is to: 1.Attend one or more of the upcoming Austin Light Rail Open House public meetings and voice your concerns directly to the Austin Transit Partnership. Obtaining public input is the first step required by the federal government for an Environmental Impact Statement.  Meeting Dates               Time                   ...