Resistance to increasing prices correlates with increasing Days to Sell, but doesn’t indicate a sharp downturn for our market. Indeed, this is the way a healthy, properly-functioning market works. Continue reading
The Austin metropolitan area is on track to issue a record number of residential building permits in 2018, but the mix of housing types has changed dramatically over the past 30 years, and that has seriously implications for housing affordability and future growth. Continue reading
Not only do rising home prices in the city of Austin cause urban sprawl and exacerbate transportation/mobility issues throughout the region, but they are also contributing to an ongoing loss of students in Austin ISD. Continue reading