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But we saved everything 🙂.
Rick Palacios Jr. observes that single-family rent growth in Austin continues to be negative on a year-over-year basis, but the trend is steadily improving.
He notes that, although rents have not yet turned positive, the pace of decline is slowing.
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Palacios has previously outlined the methodology behind the Burns Under/Overpriced Market Index, which examines spreads between current and intrinsic home values. Earlier, he remarked on Warsh taking the helm at the Federal Reserve as the U.S. economy reached a rare soft landing. These posts reflect his ongoing focus on quantitative signals in housing and macroeconomic conditions.