This steady influx of visitors is creating strong demand for short-term rental properties, especially in areas close to downtown, such as Fountain Square, Mass Ave, and Broad Ripple.High Occupancy Rates: Short-term rentals in the city are enjoying high occupancy rates, particularly during peak event seasons.

The market is competitive but if you deliver a consistent quality, in demand product at a good value you will do fine. 

So, while prices currently remain similar to last year, we are seeing softer buyer demand and increased inventory compared to 2023.Here are the full stats for Austin and the greater metro:Here’s a chart showing the median sales price of a single-family home in the City of Austin this year through August:The median sales price for a single-family home in August 2024 was up roughly 11% from the beginning of the year.

I always felt it was due to the bump in demand created by the tax credit. 

Economic conditions, community developments, and market demands constantly reshape the landscape.

Since you already paid, file a claim in small claims court naming whoever is on the payoff demand, FCI in this case apparently.Something similar happened to me a while back. 

Mitigation Strategy: Investors should evaluate the long-term appreciation potential of properties in rent-controlled areas, considering factors like location and market demand. 3.

Our MTRs are in Cincinnati, not Nashville, but if you go to FurnishedFinder.com/stats you can see data related to demand for a given city.

But I definitely think it's time to send a demand letter.

High levels of permits may indicate neighborhood growth and increased demand, offering clues for future investments.Connect with Contractors:Building permit lists often include contractor details.