Saturday, January 9, 2010

GENERAL INFORMATION: 2010 Multi-Family Information

Texas Apartment Information & How it affects you

WHERE..................# Units.....Avg $..Occupancy%

Apartments in Houston.....570k.....708.........84.3%

Apartments in DFW.........576k.....726.........86.9%

Apartments in San Antonio.144k.....691.........87.7%

Apartments in Austin......159k.....814.........89.0%

You might ask "how does it affect me"? Well...

  • The lower the occupancy, the lower the rent
  • The lower the occupancy, the availability of more specials.
  • The higher the occupancy, the higher the rent
  • The higher the occupancy, less specials or less value in the specials.

Plus, the higher occupancy stimulates building. There are 33 complexes under
construction in DFW and only 15 under construction in Houston (similarly
sized markets). There are 12 complexes under construction in Austin and
only 7 under construction in San Antonio (markets that are close in size).


Thursday, January 7, 2010

GENERAL INFORMATION: Texas and US eyes are upon us

Tonight is the National Championship Game

I'll be watching. I will not be taking calls tonight. If you do need to contact me, just e-mail me at 24x7AptFind@gmail.com and I'll respond after the game.

Most of you know my passion is finding apartments, but my other passion is college and NFL football.

You might ask who I'm rooting for and I would tell you -- I'm a Texan. I can't claim to be a Tex-Ex but tonight I'll be wearing orange.

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