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Following up on Texas Housing Performance and Trends, an article about the larger — national — market environment appeared a few days ago at Realtor.com: Home Listing Prices Post Sharpest Drop in 9 Years as Sellers Face Reality Check That aarticle reports: “The national median listing price has been falling for seven consecutive months, and … Continue reading
Following up on Home sales up, Prices down (May 20, 2026), I offer the latest market data for the Austin metro area, as presented by my Market Dashboard. I’ll briefly discuss some details, but read to the end for my conclusion and expectations. As a start, this long-term chart emphasizes how very different recent years … Continue reading
The Austin-area residential market has changed a lot over the past few years. In an e-newsletter earlier this year (Understanding the 2025 Austin Housing Market Shift) I recapped the environment we experienced in recent years and commented on some important changes. In short, home sales trended downward from mid-2021 through 2023, and flattened over the … Continue reading
If you haven’t already, you should soon receive the Notice of Appraised Value for your Texas real estate for 2026. That is the official first notice of your appraisal district’s estimate of the market value of your property as of January 1, 2026. That value should be visible now at the appraisal district’s website. These … Continue reading
In Understanding the 2025 Austin Housing Market Shift, I linked an article about the impact of price reductions by homebuilders, and the effect it is having on sellers of existing homes. Texas is among seven states where the percentage of builder listings with discounted prices is higher than the national average. That article dealt with the … Continue reading
I began this recent newsletter with an article from outside the real estate industry, provided by a respected voice in the financial sector in our economy: Gridlock in the housing market With that backdrop, the post linked below depicts the Austin-area residential real estate market in the context of this entire market cycle. It highlights … Continue reading
I haven’t presented my complete market dashboard for a while, but final data for December is available now and I want to share the results for the year in context with the rest of this very long market cycle. This chart shows the extreme changes in our supply-and-demand picture in 2025, with the number of … Continue reading
I have written frequently over the past several months about the challenging market environment for residential real estate. I have generally focused on Central Texas, and sometimes contrasted our situation to conditions across the U.S. Today I received the Winter 2025 issue of Worthwhile magazine from Raymond James, and found this relevant article: That article … Continue reading
Earlier this week, I posted Sales Growth in 2025? U.S. vs Austin metro, with links to articles showing differences in the national residential market and contradictory signs in the Austin area. One of those links indicated caution among home builders nationally (US Housing Market Isn’t Out of the Woods Yet). Today, I see another article from … Continue reading
I have written several times in recent months about the uncertain environment we’ve seen in Austin-area residential real estate. Now, early in the new year, I want to highlight a few headlines that amplify that confusing situation. First, this article summarizes year-end sales results across the United States and in large, multi-state regions: Lower Mortgage … Continue reading
Bill Morris on Austin Real Estate 