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If you follow media reports about residential real estate in the Greater Austin area you know that we are still in a very “unusual” market environment. “Crazy,” some might say. 2019 was the seventh full year of significant imbalance between housing demand and housing supply. Compare this market cycle to others over the past thirty years. Continue reading
We talk a lot about market-level home sales and prices. This post looks below that level at changes over the past 10 years in the Austin-area market by price range. These are important chanages. Continue reading
I recently attended an economic forecast presentation at a luncheon for the local chapter of the Residential Real Estate Council. Our speaker was Mark Sprague, Director of Information Capital for Independence Title and an analyst and prolific writer and speaker on all things real estate. I am pleased to offer some important insights about the Austin-area. Continue reading
We certainly have an affordability issue in Austin residential real estate, but in the aggregate we haven’t hit a tipping point. The need for “missing middle” housing options in the city of Austin is very real, and now is the time to start. Continue reading
Bill Morris on Austin Real Estate 