Two Austin Neighborhoods Named to List of the Hottest Neighborhoods in the US

Posted by Ingrid Evens on October 25, 2017 at 1:21 pm

Two Austin Neighborhoods Hottest in the US

Two Austin neighborhoods made a list of the 25 hottest neighborhoods in the country, the Austin American Statesman reports.

Austin’s Holly neighborhood nabbed the 12th spot on the list, scoring high on the budget, weather, and walkability measures of the ranking.

Central East Austin was named the 10th hottest neighborhood in the US and did well in the same categories as Holly. Both scored low in the entertainment measure.

The list took into account walkability, transit, budget, entertainment, lifestyle, and weather,  These were measured by examining how many bars and restaurants were in a neighborhood, local taxes, how severe the seasons were, and pet friendliness.

Houston’s Lower Westheimer neighborhood was the only other area in Texas to make the cut.  

Looking for an apartment in one of the hippest neighborhoods in the country or anywhere else in Austin?  Austin Apartments Now can help!  Give us a call today at 512-258-8224 to find your dream apartment ASAP!

Most Americans Think Renting is Cheaper than Buying

Posted by Ingrid Evens on October 24, 2017 at 1:01 pm

Most americans think renting is cheaper than buying

The majority of Americans surveyed believe renting is more affordable than owning a home, the Wall Street Journal reports

Apartment construction is up, which has led to rent increases slowing down across the country, but home prices continue their upward climb.

76% of millennials said that renting is the cheaper option, about 10% more than a year ago.  About 82% of baby boomers now say renting is more affordable, compared to 71% last year, and 75% of Generation X now believe renting is cheaper.  Just 56% of Gen X felt that way in September 2016.

Across the country, home prices were up 5.9% between this past July and July 2016.

When it comes to reasons to rent, 7% of millennials cited maintenance costs as the number one reason not to own a home, while 28% of respondents over 65 said they were a factor.

23% gave convenience and flexibility as their top reason for renting and 18% said they don’t have the down payment saved to buy a home.

The survey also found that just 14% are planning to buy a home soon, a decrease of 7% since January 2016.

Ready to continue being a renter?  Austin Apartments Now can help!  Give us a call today at 512-258-8224 to find your dream apartment!

Austin’s Economy is the Second Best in the Country

Posted by Ingrid Evens on October 23, 2017 at 8:52 am

Austin's Economy is the 2nd Best

A recent survey found that Austin has the 2nd best economy in the United States, only beat out by Provo, Utah, the Austin Business Journal reports.  

Austin had been number one for the past two years.  The cities are ranked using numbers from the U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, and the U.S. Census Bureau.

Austin added 275,000 new people to the city in the past half decade, which is a 15.5 population increase.  2,900 jobs were added in the private sector each month since 2012, which is a growth rate of 26 percent.

Need help finding a new apartment in Austin’s competitive rental market?  Austin Apartments Now can help!  Give us a call today at 512-258-8224!  

South First Named One of the Best Places to Visit in the US

Posted by Ingrid Evens on October 4, 2017 at 3:59 pm

South 1st Named One of the Best Places to visit

Lonely Planet named the South First Street area in Austin one of the ten best places in the country to go right now, Austin 360 reports.

Lonely Planet cites Bouldin Creek Cafe and Torchy’s Tacos as destinations and applauds the casual, easy vibe of South First Street in direct contrast to the trendiness of South Congress.

They also suggest taking the CapMetro Bus 10 or renting a B-cycle to spend a day exploring the boutiques, vintage shops and bakeries along the street, and of course recommend a stop by the ubiquitous “Greetings from Austin” mural at the corner of Annie and South First.

For lodging, Lonely Planet recommends South Congress Hotel or a local house or room rented via Air BnB or Home Away.  

The other destinations in the country that Lonely Planet said were must visits are East Liberty and Lawrenceville, Pittsburgh; Avondale, Chicago; Point Loma, San Diego; East Nashville, Nashville; Capitol Riverfront and Yards Park, Washington D.C.; Montavilla, Portland; and River North, Denver.

Started out a tourist, but ready to put down roots in Austin?  Austin Apartments Now can help!  Give us a call today at 512-258-8224 to find your perfect apartment in no time!  

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