Stone Oak Client Update | June 2023

Austin, Texas Leasing Market Update
The real estate market is still stabilizing in Austin after interest rate adjustments over the last several months. There is still significant demand and the rental market is seeing more competition as many apartments are completing construction and coming online. Here is a recent article discussing the current market.
Extreme Heat
If you’re in Texas you know that we’re experiencing a series of days over 100 degrees with no end in sight, and it’s only June! It’s going to be hot for the foreseeable future, and we’re breaking temperature and electrical usage records. Over Father’s Day weekend, we had heat indexes o...







