Equally impressive is that 4 of the Top 5 cities in that ranking are in Texas! Continue reading
There was a good post from Lawrence Yun, Chief Economist for the National Association of REALTORS® today that prompts me to comment: Rising Days on Market The last sentence in Mr. Yun’s article was the most accurate and the most important: “DOM for an individual property is very important and re-pricing will be necessary at … Continue reading
In my last post (see Updated Austin Market Dashboard, 04/29/11) I focused largely on volatility in unit sales, but emphasized that the Austin/Central Texas real estate market has largely maintained a healthy balance between supply (i.e., listing inventory) and demand (i.e., home sales), which allowed our home values to remain much stronger than many areas … Continue reading