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Austin Apartment Reviews missions are to explain some of the pitfalls of frequently used apartment ratings sites, and to help find you a great apartment! While its nice to have a general feel about the apartments that interest you, people that are happy with their apartments seldom go to rating sites to share their joy with the world!  Many of the people interested in posting are upset. While there can be very good reasons for being upset, there are also those who post negative responses because they have been evicted, or perhaps they may have been late and are upset about late fees. Those that do not comply with the Apartment communities rules are seldom happy renters.                                      
                         Think about it, it makes sense.

Then there is one possible negative poster that  people do not think about....

                                  The COMPETITORS!!!

After all, a competing Apartment community or anyone else can continually post negative comments, and when this is done over a period of time, it has an effect!


Many of the negative postings about Apartments in Austin, Round Rock, Cedar Park, Pflugerville & Leander may have had a real reason at the time of the post, but there also may be a good explanation of the situation. Another thing that many apartment seekers may not be aware of is that many Apartments have changed owners recently, perhaps a recent management company change, recent upgrades, change in staff or policies may make all the ranting & raving you read on other apartment rating sites, not worth the time it takes you to read them.

There is yet another often over looked reason that some really good apartments in the Austin area recieve many bad ratings. Have you noticed that many luxury apartments recieve good overall ratings? Did you know that there are many apartments in the Austin and surrounding area that work with "issues"? 

Issues can range from bad credit, to broken lease, eviction or criminal history. Some have made the point that renters with multiple broken leases (or other issues) are more likely than the average renter to have another broken lease or issue with the apartment that they are currently living at.

It seems a bit ironic that those properties that offer second chance leasing to renters with past issues appear to be more vulnerable to negative attacks from the renters they actually gave a 2nd chance too!

      So again, the ratings do not always paint an accurate picture!

So what can you do? Find a reputable apartment locator, (like the ones who advertise on our site!) and ask them, Many times they will be aware of an ownership or management change, these licensed agents are typically full of inside information that will make your next apartment search a lot simpler, and can save you time and money!

Please be aware since we are a new little start up, we may not be fully functional for several months. Please bear with our growing pains and together we can all make Austin a better place to live!

Until we are able to add to our available features, please use our site to find a Free Apartment locator, get a Great deal on movers, obtain School information and find the best way to find utility service, (gas, electric or cable) to your new home!

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                 Happy New Year 2010!
                   (see previous months postings at the bottom of this page)

It seems the over supply of 1 bedrooms has started to decrease, the lower prices we have seen in rents are enticing prospective renter to make the move even if they were happy at their current apartment complex. It is still a renters market with great prices and specials being offered like never before.


                 September is here,  It has been a hot summer!
                 
A few days of cooler weather with temperatures only in the mid 90's is welcome.

Specials are still to be had if you know where to look, but many properties have started testing out higher rates, the question is IF they will stick. There are still a few properties coming online like the Platinum Lakeline which hopes to be open to rent by November the 1st.

The Best way to find great specials is to contact one of the apartment locators that advertise here. They do provide a FREE service and can save you time, money and frustration...and gas too!


August us here, the only thing hotter than the weather are the SPECIALS!  This is a great time to grab a hot deal on a great apartment. The overbuilding in Round Rock has lowered the rents for almost everyone. Brand new never lived in luxury apartments start in the low $600 range, nice newer apartments can be found on 620 for the low to mid $500's!

July is  HERE, The weather is HOT and so are the specials!
         
Its a great time to be a renter! Many newer apartment complexes have opened up have put downward pressure on rents, even in the nicest areas! Many nice newer properties start in the mid $500 range for 1 bedrooms, totally unheard of just 6 months ago. Specials are everywhere. If you are looking for a great deal, an Apartment locator is your best ally in your search for the best deals! There is no charge to you in anyway, the properties compensate them for bringing qualified applicants, so EVERYONE WINS!


May 2009, its a great time to be a renter in the Austin Area, rental concessions continue, however many great deals are being offered only until an Apartment community fills up their vacant units. Apartment communities send out unadvertised HOT SPECIALS to Apartment Locators who in turn arrive in droves at the hottest deals with their prospective renters!

Not only is this a good time for renters,  experienced Apartment locators find this to be one of their busiest times in years, always interview the prospective Apartment locator before making your choice, not all are equal...and a bad or inexperienced locator may leave you with regrets for the term of your lease...so ASK QUESTIONS and ASK FOR REFERENCES!!

APRIL 2009, The Apartment properties are more willing than ever to LOWER their rents to attract qualified renters! Prices have continued to drop and SPECIALS such as FREE RENT are being offered more and more. Finding the right Apartment locator service in Austin Texas can save you time and money! More properties have expressed a willingness to work with foreclosures, bankruptcy and broken leases, an austin apt locator can help when you need it Apartments locators in Austin Texas know which property may be willing to work with what ever issue you may have, Austin apt locators can make it easy for you.

As of October 2008 it appears the Apartment market in the Austin and surrounding area is softening, rents are beginning to come down, there are more specials than ever. We look for a continued decrease in rents and increase in specials, for this reason we do not recommend that you sign more than a 12 month lease. Most shorter term leases still come with a premium attached. We expect some of the better deals to be offered by the brand new apartments which seem to be on every corner.The Austin Apartment finders are busy!

March 2009, Prices continue to decline, Apartment occupancy continues to drop, the number of new apartment online continue to rise. Many apartment we have contacted have actually become more willing to work with certain issues such as bankruptcy, foreclosures and broken leases. Apartments may be willing to price match similar properties. This is a great time to be a rent, not so great of a time to be an apartment property owner. Stand your ground and fight for the best deal!

As of January 2009 the SPECIALS ARE HERE!  We now think this is the time to find a great deal. Deals available now have not been seen for a long time!

February  2009, How times have changed, DEALS ARE BACK! We have not seen a time favoring the renter for the past 4 years. Many class A properties are not only offering SPECIALS, but also lower rents, this makes now a fine time to get a great deal!


                              February is here, so is Valentines day!

February 14th is Valentines day, why not get your love a new apartment? Times are still favorable to lock in a great deal on an apartment. Occupancy rates have increased but rents have not followed....... yet.

We may face a further deterioration in the financial markets which tend to keep apartment rents lower since people with stable jobs tend to move more often than those that are limited by lack of job security.

Its been rumored that a few apartment communities are having are tough time meeting their debt payments, many apartment communities may be better off by LOWERING their rent to attract more occupants than by raising rents, time will tell.



Austin MSA
3rd Quarter 2008

After 15 consecutive quarters of increasing rental rates, third quarter put the brakes on Austin's momentum causing rental rates to stand still and, even more surprising, occupancy to stumble. While not declining a significant amount, down .21%, this is only the second time in our recorded history that occupancy has fallen during a third quarter. Usually, this time frame is bolstered by returning students and in-migration, however an influx of new units left many of the "student-heavy" sectors with little to no gains this time around.

And the new units will keep on coming. Currently there are over 12,000 units already under construction and developers expect to complete over half of these during the next two, historically slow quarters. Expect occupancy and rents to  continue to struggle as the new units are added to the inventory.

                                      

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