August brought little change to Abilene rentals. Abilene area rents during August for single-family homes were comparable to the preceding 12-month average, dampening a 3-month gain in rents over the summer. Abilene rent houses sat empty the same amount of time as the prior 12-month … Continue reading...
July 2014 Rental Report
For a third straight month, single-family homes rented for more per square foot and rented faster in July 2014 when compared to the preceding 12-month average. Average July 2014 rent rose to $952 for a 6.7% increase over the average rent from the last 12 months. More conservatively, total July … Continue reading...
June 2014 Rental Report
For a second straight month, single-family homes rented for more per square foot and rented faster in June 2014 when compared to the preceding 12-month average. As seen in May 2014, the size of units available for rent in June 2014 were consistent at 1,299 square feet, but fell relative to … Continue reading...
May 2014 Rental Report
In most Abilene neighborhoods, single-family homes rented for more per square foot and rented faster in May 2014 when compared to the preceding 12-month average. While overall rents were down, so was the size of units available for rent. With a decrease in square footage by 1.7% and drop in … Continue reading...
April 2014 Rental Report
Unit rent fell 4.9% percent when comparing April 2014 rents to an average of rents in the preceding 12-month period. This leasing trend is a continuation of rents realized in March 2014 which also fell below the preceding 12-month average. This data utilizes NTREIS data on leased properties in … Continue reading...
March 2014 Rental Report
Unit rent fell 1.1% when comparing March 2014 rents to an average of rents in the preceding year. This, combined with a decrease of .6% in the average rental size of leased units, contributed to .7% decrease in rent per sqft for units leased in March 2014. This data utilizes NTREIS data on leased … Continue reading...
February 2014 Rental Report
Unit rent rose 6.2% when comparing February 2014 to February 2013. Rent/sqft trailed closely with a gain of 5.4% when compared to February 2013. With annual inflation rate 1.5%, this means a real gain of 4.7% in overall rent and 3.9% on a sqft basis. This data utilizes NTREIS data on leased … Continue reading...
2013 Real Estate Investor Ownership By 7-Digit ZIP Code
by John Hill To better understand the rental market in Abilene, we revisited data analyzed earlier in 2014 that captures the 9,186 non-homesteaded, single-family homes in Abilene and grouped them by 9-digit zip code. The objective of this grouping was to find the neighborhoods where the greatest … Continue reading...
2013 Real Estate Investor Owner Summary
Tax data reveals there are 9,186 non-homesteaded single-family homes in the Abilene area owned by 5,615 entities / individuals. It is our presumption that these properties are used as rentals and we have summarized this information with a ranking for each owner. This data contains summary … Continue reading...
January 2014 Rental Report
Unit rent rose 5.8% when comparing January 2014 to January 2013. Rent/sqft offered a slight and improved gain over the previous month, posting only a 1.5% gain. With annual inflation rate 1.5%, this means a real gain of 4.3% in rent across the 13-month period and no real gain in rent/square … Continue reading...