The pace and intensity of the residential real estate market skyrocketed in the first half of 2021, but has calmed a bit in recent months. Important details …. Continue reading
We have seen slightly calmer market conditions over the past couple of months, but the Austin-area market remains seriously under-inventoried. That issue isn’t over yet. Continue reading
After a frantic several months earlier this year, the Austin real estate market is searching for balance. We have gained a little inventory, and the market may pause periodically. We have a way to go, but take progress where you can find it in this environment. Continue reading
For the first time in months, we saw the gap between sales and listings close in July. We gained meaningful housing inventory for the first time in months. The crazy market isn’t done yet, but there are signs of progress. Continue reading
Demand for rental properties is up nationwide and here in Central Texas, investors’ experience in the Austin are has been different from other parts of the U.S. Continue reading
Market cycles do happen, and there are some signs of calm now. In the Austin area we are unlikely to see “normal” conditions soon, but I believe we will see progress. Continue reading
We are not out of the woods by any means from a supply vs. demand prespective, but this extraordinary boom doesn’t look or feel like what we saw in 2007-2008. Continue reading
The Case-Shiller index hit an all-time high in April. Price appreciation in the Austin metro far exceeded the indexed cities. Here’s the comparison. Continue reading
I have been involved with government affairs and policy advocacy for many years: I chaired policy teams working on Water Issues, Land Use, and Property Rights, chaired the Legislative Management Team at the Austin Board of REALTORS® in 2015 and 2019, spoke many times at City Council meetings and separately with council members and the mayor, and … Continue reading
The supply of homes for sale increased slightly in April, but Austin home prices have gone up faster in 2021 than at any time in at least 40 years, maybe ever. Is there an end in sight? Continue reading
