March 2018 Abilene Rent Report March brought a better pace to leasing of single-family homes in Abilene. March 2018 available inventory leased in roughly 1 month, a 21-day improvement in pace when compared to February 2018. This overview utilizes NTREIS data on leased properties in Abilene, … Continue reading...
September 2015 Abilene Area Rental Report
Compared to the 12-month average, September Abilene-area rentals remained steady at a 75¢ per square foot lease rate, but fell by 2¢ from the previous month and gained a penny over September 2014. East-side rent rates in 79601 and 79602 rose from the previous month while rent rates in 79603 and … Continue reading...
August 2015 Abilene Area Rental Data
Wylie ISD homes rented for less per-square-foot than the previous month and were leased at the same pace as single-family homes in the Abilene ISD. To give context, one should note that July 2015 rents saw a 13-month peak in rent-per-square-foot. August’s decrease brings rent-per-square-foot … Continue reading...
Honey, Stop the Car! 2015 Update on Ad Language
Last summer, Barnett & Hill analyzed the role ad language played in home sales as a redux of the chapter How Is the Ku Klux Klan Like a Group of Real-Estate Agents? from Steven Levitt's best-selling book Freakonomics. After publication, we visited with several house flippers and home builders … Continue reading...
May 2015 Rental Report
Abilene homes continued to outpace prior month’s performance in terms of days on market. Since February, Abilene area homes stayed on the market fewer days, almost cutting the number of unleased days in half. Since January, homes leased in 79601 have realized a steady decline in days on the … Continue reading...
April 2015 Rental Report
When compared to the previous month, rentals in Abilene ISD leased in April mirrored the prior month by leasing in 27 days. In Wylie, however, the days on the market were cut in half. Homes in Wylie ISD remained on the market 23 days in March 2015, but leased in half that time in April … Continue reading...
March 2015 Abilene Area Rental Data
In March 2015, monthly rent barely beat its 12 month average, but was below rents realized over the last four months. The same was true of security deposits, which serve as proxy for the quality of homes rented. This overview utilizes NTREIS data on leased properties in Abilene, Texas. This … Continue reading...
November 2014 Rental Report
November’s rents and deposits paid for single-family homes rose when compared to the preceding 12-month rent average. This news is tempered by the fact that the homes leased during this month were newer, lifting the appeal and rent of these homes.This average rent of $995 for November 2014 rose … Continue reading...
October 2014 Rental Report
Abilene-area October rents and security deposits for single-family homes were relatively flat when compared to the preceding 12-month rent average, bringing an end to the climb in tenant rent across the summer and early fall. This average rent of $877 for October 2014 fell slightly below the … Continue reading...
August 2014 Rental Report
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...