GROWING PAINS: Shortage of long-term rental property raises lease payments Like other apartment complexes in Marble Falls, The Residences at Panther Hollow, 501 Panther Hollow Drive, has reached occupancy capacity. The Highland Lakes is experiencing a scarcity in rental properties as well as price hikes because of supply and demand. File photo
After renting for a year, Kristen Hensley was so pleased with her experience at The Residences at Panther Hollow Apartments at 501 Panther Hollow Drive in Marble Falls that she excitedly pursued renewing her lease for another year. However, when told she would face a rent increase of over $300, her excitement quickly disappeared.
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Recent home sales north of Boston (Apr. 21)
AMESBURY
11 Merrill St. One-family Ranch, built in 2012, 2,714 square feet, 8 rooms, 6 bedrooms, 2 baths, on 20,051-square-foot lot. $972,708
11 Merrill St. One-family Ranch, built in 2012, 2,714 square feet, 8 rooms, 6 bedrooms, 2 baths, on 20,051-square-foot lot. $972,708
42 Cutter Lane #73 Condo. $682,760
8 Atlantic Ave. Three-family Family Flat, built in 1900, 2,022 square feet, 15 rooms, 5 bedrooms, 3 baths, on 13,160-square-foot lot. $520,000
46 Kimball Road One-family Cape Cod, built in 1985, 1,512 square feet, 6 rooms, 3 bedrooms, 1.5 baths, on 20,000-square-foot lot. $481,000
10 Congress St. #202 Condo. $406,500
25 Pond St. #210 Condo, built in 2004, 1,237 square feet, 3 rooms, 1 bedroom, 1.5 baths. $385,000
8-10 Congress St. #203 Condo. $379,900
16 Hillside Ave. #2 Condo Family Flat, built in 1880, 1,278 square feet, 7 rooms, 2 bedrooms, 1 bath. $375,000
8-10 Congress St. #104 Condo. $340,000