Reports: Austin-Round Rock 15th in US for apartment vacancies; 66% of home listings ‘stale' [Yahoo! Finance]
First American Corporation (New) (FAF)
Last first american corporation (new) earnings: 4/23 06:45 am
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Source: Yahoo! Finance
The report states that 9% of apartments in the Austin metro are vacant. This is up since 2023, when 7.3% of apartments were vacant. All of Texas (9.2%, fifth highest for U.S. states) and Houston's metro (10.9%) both have vacancy rates above the Austin metro, but San Antonio and Dallas-Fort Worth areas are slightly under (around 8%). The report's author describes a low vacancy rate as having the potential to push rents down due to greater supply. Zillow and Rent. both claim that the Austin metro has seen a slight decrease year-over-year in median monthly rents, compared to 2023. However, median rent in Austin and the rest of the country remain above pre-pandemic levels despite the rise in vacancies. The share of cost-burdened renters in Austin stayed roughly the same as in 2023 at around 48%, according to the report. 2023 Study: Austin has highest cost of living in Texas KXAN reached out to the report's author with questions about the report. The Austin Apartment Associati
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News
- First American's The REconomy Podcast™ Launches Seven-Episode "Summer School" Series [Yahoo! Finance]Yahoo! Finance
- First American’s The REconomy Podcast™ Launches Seven-Episode “Summer School” SeriesBusiness Wire
- Dallas-Plano-Irving Home Prices Up 2.5% Year Over Year in May, According to First American Data & Analytics Monthly Home Price Index ReportBusiness Wire
- Houston-The Woodlands-Sugar Land Home Prices Up 3.9% Year Over Year in May, According to First American Data & Analytics Monthly Home Price Index ReportBusiness Wire
- New York-Jersey City-White Plains, NY-NJ, Home Prices Up 5.6% Year Over Year in May, According to First American Data & Analytics Monthly Home Price Index ReportBusiness Wire
FAF
Earnings
- 4/24/24 - Miss
FAF
Sec Filings
- 5/28/24 - Form 8-K
- 5/13/24 - Form 13F-HR
- 4/26/24 - Form 10-Q
- FAF's page on the SEC website