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If you’re participating in the market now — as a home buyer, seller, or real estate professional — you’ll recognize the market environment depicted by the latest statistics: Homes are selling, but not robustly. Showings in most areas are slow, with many sellers concerned about activity, buyers uncertain about the direction of the market and … Continue reading
I haven’t provided a comprehensive look at the Austin-area residential market since Timing and Pricing: Key Insights for Austin Home Sellers, but Jeff Osborne, broker/owner of Realty Capital City shared very important insights in a meeting yesterday that I want to share. For the big picture, this chart says a lot: The number of active … Continue reading
What an Economic Slowdown Could Mean for the Housing Market Talk about the economy is all over the news, and the odds of a recession are rising this year. That’s leaving a lot of people wondering what it means for the value of their home – and their buying power. Let’s take a look at … Continue reading
Near the end of Austin Market — a broader look I included a link to an article about the importance of pricing your home properly, noting that the longer a home is on the market the more deeply the ultimate sale price is likely to be discounted. That post dealt with national U.S. trends. This … Continue reading
The Truth About Newly Built Homes and Today’s Market Headlines are talking about the inventory of new homes and how we’re back at the levels not seen since 2009. And maybe you’re reading that and thinking: oh no, here we go again. That’s because you remember the housing crash of the late 2000s and you’re … Continue reading
I have commented at length on the residential real estate market in Central Texas, and will continue to do so. This morning I added my latest client e-newsletter to CentralTexasHomeSearch.com, bringing together a few recent posts and adding comments and context: Austin market — a broader look I’ll have more to say on this as … Continue reading
I continue to expect more positive market conditions in 2025 than we saw last year. We have not seen a meaningful turn in that direction yet, however, and disruptions in the larger economy may delay that move. A critical reason for growth in our market environment is continued demand for housing in the Austin metropolitan … Continue reading
The #1 Thing Sellers Need To Know About Their Asking Price When you put your house on the market, you want to sell it quickly and for the best price possible; that’s generally the goal. But too many sellers are shooting too high right now. They don’t realize the market has shifted as inventory has … Continue reading
I haven’t made time to write for several weeks, but it’s time to tell you things are going in the Austin residential market now that we have two full months of date. You may remember that I wrote in February that while much of the national real estate market was moving beyond the post-2022 downturn, … Continue reading
Bill Morris on Austin Real Estate 