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Some buyers are still waiting out the Covid-19 issue and/or are unwilling or unable to obtain mortgage financing right now, and the number of homes available remains at its lowest point since January 2001. How the regional economy reopens and confidence that Covid-19 is more controlled will affect buyer activity and real inventory growth. Continue reading
The Austin area added significant listing inventory in March, and new pending contracts will boost April sales. I remain optimistic about buyers and sellers reentering the market when they are confident about doing so without jeopardizing their health. Continue reading
Shelter in place orders may have distorted market activity in recent weeks, but I believe we were on our way to another very busy year in Austin-area real estate and we should be still. There is no reason for that not to be true. Continue reading
The State of Texas has issued new rules for working during the Covid-19 issue. Real estate services are correctly identified as being “essential.” Here are the rules and my general plans to proceed. Continue reading
Bill Morris on Austin Real Estate 