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Market News and Trends

Another expert agrees


You’ve read my thoughts about where Austin area residential real estate market is in this market cycle [Thoughts on this Market Cycle (October 2018) and Yes, Austin is different (January 2019)].

Last week, Eldon Rude (Principal, 360o Real Estate Analytics) discussed his very similar thoughts:

Expert: Central Texas housing market in for another strong year

The theme of his remarks was that “… the Central Texas region will continue to see strong housing demand from anticipated robust job growth. But he noted that ‘there are some headwinds with respect to buyer confidence that we haven’t faced in a while’….”

I’ll keep you updated as 2019 progresses and we get more information about actual market performance this year, but I agree that we’ll see demand continue even as the pace of price appreciation slows.

 

 

About Bill Morris, Realtor

Many years of business experience (high tech, client service, business organization and start-up, including 18 years in real estate) tell me that service is the key to success and I look forward to serving you. I represent both buyers and sellers throughout the Austin metropolitan area, which means first-hand market knowledge is brought to bear on serving your needs. Learn more about my background and experience, my commitment to my clients, my profession, and to the real estate industry at CentralTexasHomeSearch.com.

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