AUSTIN, TX, April 06, 2011 (Press-News.org) As more and more people move to the Austin TX area, the housing supply is quickly diminishing. The decreased amount of new homes being built due to recent economic conditions is causing the increased population to fill up every available property.
"It's time to buy again," said real estate expert Kenn Renner. "Because of the lack of new home building, we're going to run into a housing shortage. This means that investors can start raising rents."
Several parts of Austin are seeing less than one month's supply of available homes, which means conditions favor rent increases from landlords. As a result of this, many renters will be thrust into the buyer market to avoid the rent increases and lack of availability.
"In Avery Ranch, out of 4400 homes, only 1 house is for lease," said Kenn. "What this means is for us in the real estate industry is that we have an incredibly low supply of houses. It's a landlord's market by far."
Thirteen areas are at or below one month's supply of homes. These areas include Cedar Park/Leander, Round Rock, Pflugerville, Circle C, Avery Ranch, Teravista, and the Eanes school district and Lake Travis ISD.
"This kind of rental market is similar to the late 1990's and we saw a huge amount of buyers enter the market because of it. I am ready and so are my home sellers. In Avery Ranch there are only 39 homes for sale. This is down from 68 last month - it's a great time to sell and a great time to buy."
Kenn Renner has published a book for first time home buyers that can be found at http://www.FirstTimeHomeBuyingSecrets.Com .
About Kenn Renner:
Kenn is a Broker with Keller Williams Lake Travis Market Center. He has been in the real estate profession for 27 years and is ranked in the top three teams for Keller Williams LT. He has closed more than $100 Million in real estate transactions in the past five years helping more than five hundred families into Austin area homes. He services all of Austin and Lake Travis. He recently appeared on HGTV's "House Hunters". He has the # 1 ranked real estate video channel in Texas with over 6 million views. His website is http://www.buyaustin.com and his contact # is (512) 423-5626 (call/text).
Top Avery Ranch Realtor Kenn Renner Says There Is A Housing Shortage in Central Texas
Less than a month's supply of rental homes in many areas of town is causing rents to increase in this landlord's market.
2011-04-06
ELSE PRESS RELEASES FROM THIS DATE:
Starr Tincup Posts Record First-Quarter Revenue
2011-04-06
Starr Tincup, a full-service marketing agency dedicated to the human capital management (HCM) software and services industry, is proud to announce a record-breaking first quarter. The firm booked more than $5 million in capitalized billings between Jan. 1 and March 31 and is well on the way to exceeding its 2011 goal of $20 million.
"Operational initiatives begun in the second half of 2010 along with a burgeoning economic recovery in the HCM market segment have provided us with an opportunity to grow our revenue," said Bret Starr, partner at Starr Tincup. "But the real ...
Torrey Hills Technologies, LLC Forms Business Alliance with KIC to Achieve Quick and Accurate Temperature Profiling for Its Furnaces
2011-04-06
Torrey Hills Technologies, LLC (THT) and KIC today announced an agreement to form a strategic business alliance to speed up the optimal thermal process setup of THT belt furnaces through the use of KIC thermal profilers. Under the terms of the agreement, THT will introduce KIC thermal profilers to its current and prospective furnace customers, while KIC will perform all sales and service support associated with the profilers.
"KIC is recognized as the market leader for thermal profilers," said Joyce Zhang, THT's Marketing Manager. "We welcome their technical expertise, ...
Stewart Law Firm, PLLC Sponsors Second Annual Jam 4 Justice, Austin, TX, April 9 at Hill's Cafe
2011-04-06
Stephen W. Stewart, founder of The Stewart Law Firm, P.L.L.C. in Austin, Texas, announces that The Stewart Law Firm, P.L.L.C. will be a sponsor for the Second Annual 2011 Jam 4 Justice, an annual benefit concert/crime victim's rights campaign. The event is scheduled to take place on Saturday, April 9, 2011 at Noon at Hill's Cafe, an Austin, Texas landmark known for great food and music. Featured performers will include the Jeff Lofton Quartet, Kalu James, Hector Ward and The Big Time, and Bill Rice.
April is National Crime Victims' Rights Month, marking a time that ...
TriMark Solutions Receives 2011 Pinnacle Award from Raleigh Chamber of Commerce
2011-04-06
Randy Goins, President of TriMark Solutions, has announced that the firm has received the 2011 Pinnacle Business Award for Steady Growth and Profitability from the Greater Raleigh Chamber of Commerce. Goins and his team will accept this award at the Chamber's Pinnacle Business Awards Celebration held May 3, 2011 from 5 to 8:45PM at the Raleigh Convention Center located in Downtown Raleigh, North Carolina. The award recognizes Chamber members that have maintained or increased profitability and growth during challenging economic conditions.
The Greater Raleigh Chamber ...
Health Service Journal and SIMUL8 Corporation Launch Simulation Lab
2011-04-06
World renowned healthcare publication, HSJ, has launched a new free resource for its users thanks to the technology of SIMUL8 simulation software.
The Simulation Lab is a toolkit of online simulations of topical healthcare issues that allow users to experiment with improvement ideas in a risk free environment.
The simulations allow users to enter their own data and experiment with different scenarios to evaluate which option will work best for their health system. Whether you're a manager or a clinician, you can take on the role of decision maker and find answers ...
Philadelphia Legal Recruiter SMR Legal Search Sponsors Lawyers On the Fast Track Alumni Reception
2011-04-06
On March 31, 2011, Philadelphia legal recruiter SMR Legal Search sponsored a cocktail reception to celebrate the 10th Anniversary of The Lawyers on the Fast Track Awards, and all previous winners were invited. The event was held at the law firm of Saltz Mongeluzzi Barrett & Bendesky in Philadelphia.
The reception was organized by Donna Lee Jones, Esq. a partner at Saltz Mongeluzzi, and prior winner of the award. Ms. Jones is one of Philadelphia's top plaintiff's medical malpractice and catastrophic industry attorneys, frequently obtaining multi-million dollar verdicts ...
Surado CEO Speaks at the 2011 Inaugural Inland Empire Quality of Life Summit
2011-04-06
Surado Solutions, the developer of sensible On-premise and Cloud SaaS CRM solutions for more than a decade announced Sundip R. Doshi, Surado's Founder and CEO will share his experience and his thoughts on the business climate in the Inland Southern California region. Mr. Doshi will be speaking at the inaugural Inland Empire Quality of Life Summit, taking place at California State University, San Bernardino and presented by the Inland Empire Economic Partnership.
More than 90 distinguish speakers will address participants over a two day period on topics like the Business ...
Citrin Cooperman Brings on David Kells as Chief Operating Officer
2011-04-06
Citrin Cooperman & Company, LLP, one of the top 30 accounting firms in the United States, announced today that David Kells has joined the firm as Chief Operating Officer. He will be working closely in all aspects of operations with the firm's managing partner and other partners.
Kells has more than 20 years of experience in managing operations, human resources and internal finance issues most recently at CBIZ/Mahoney Cohen in New York. As Chief Operating Officer, Kells will report to Managing Partner Joel Cooperman.
"David brings an engaging and results-oriented ...
Low-Insurance.org Reveals Insurance Shopping Trends
2011-04-06
Cole Sileven, Owner of Low-Insurance.org's insurance quote service, was amazed by the results found throughout the week. Sileven states, "Out of the responses received there were many who haven't shopped for years. One person in fact has never shopped for insurance. He was placed on his Parent's policy and has been with the same Agent for over 20 years. "
Another contributor mentioned how they never shop because they love the service offered by their current Insurer and price wasn't really a concern for them. Even today service still will outweigh price for many. Most ...
Secure-24 Names Joe Szmadzinski as Chief Strategy Officer
2011-04-06
Secure-24, Inc. announced today that 20-year industry veteran Joe Szmadzinski has joined the company as Chief Strategy Officer. Szmadzinski will lead advancement of market and technology positioning, as well as development of key partner service alliances and new products.
"We are thrilled to have Joe join our executive team," said Volker Straub, Secure-24's Co-Founder and Chief Operating Officer. "He brings deep experience and knowledge along with impressive, repeatable success in change management and business transformation. Joe will play a key role in developing ...
LAST 30 PRESS RELEASES:
Ground breaking advances in construction robotics in extreme environments unveiled in review
New strategies to enhance chiral optical signals unveiled
Cambridge research uncovers powerful virtual reality treatment for speech anxiety
2025 Gut Microbiota for Health World Summit to spotlight groundbreaking research
International survey finds that support for climate interventions is tied to being hopeful and worried about climate change
Cambridge scientist launches free VR platform that eliminates the fear of public speaking
Open-Source AI matches top proprietary model in solving tough medical cases
Good fences make good neighbors (with carnivores)
NRG Oncology trial supports radiotherapy alone following radical hysterectomy should remain the standard of care for early-stage, intermediate-risk cervical cancer
Introducing our new cohort of AGA Future Leaders
Sharks are dying at alarming rates, mostly due to fishing. Retention bans may help
Engineering excellence: Engineers with ONR ties elected to renowned scientific academy
New CRISPR-based diagnostic test detects pathogens in blood without amplification
Immunotherapy may boost KRAS-targeted therapy in pancreatic cancer
Growing solar: Optimizing agrivoltaic systems for crops and clean energy
Scientists discover how to reactivate cancer’s molecular “kill switch”
YouTube influencers: gaming’s best friend or worst enemy?
uOttawa scientists use light to unlock secret of atoms
NJIT mathematician to help map Earth's last frontier with Navy grant
NASA atmospheric wave-studying mission releases data from first 3,000 orbits
‘Microlightning’ in water droplets may have sparked life on Earth
Smoke from wildland-urban interface fires more deadly than remote wildfires
What’s your body really worth? New AI model reveals your true biological age from 5 drops of blood
Protein accidentally lassos itself, helping explain unusual refolding behavior
With bird flu in raw milk, many in U.S. still do not know risks of consuming it
University of Minnesota research team awarded $3.8 million grant to develop cell therapy to combat Alzheimer’s disease
UConn uncovers new clue on what is leading to neurodegenerative diseases like Alzheimer’s and ALS
Resuscitation in out-of-hospital cardiac arrest – it’s how quickly it is done, rather than who does it
A closer look at biomolecular ‘silly putty’
Oxytocin system of breastfeeding affected in mothers with postnatal depression
[Press-News.org] Top Avery Ranch Realtor Kenn Renner Says There Is A Housing Shortage in Central TexasLess than a month's supply of rental homes in many areas of town is causing rents to increase in this landlord's market.