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Earlier this week I took a quick look back at real estate in 2016. (See 2016 in Review.) Today’s post is a compilation of some of the best thought available about what 2017 holds. First, let’s consider the larger Texas economy. This summary from the Federal Reserve Bank of Dallas is an important starting point: … Continue reading
The length of time since my last post, and the lateness of this one, are signs that the Austin-area residential real estate market remains VERY busy in 2017. We remain in a jobs- and population-driven boom, with demand for housing outpacing supply in many areas and market segments. As a metro area, we have had … Continue reading
More affordable housing in Austin’s urban core can positively impacted by increasing the supply and variety of housing stock in the city. Continue reading
Austin is the second-best place to live in the U.S. … Continue reading
Next Tuesday evening or Wednesday, please visit Amplify Austin, choose the cause that’s important to you, and leverage your power to help others in the Austin area. It is the right thing to do. Continue reading
There are significant variations in pricing within each county where most of the metro population lives, but there are cities in each county where a below-$200,000 purchase is still realistic. Continue reading
Market-wide price changes are the result of changes in the distribution of prices across many price ranges. Here’s a look at how the price distribution for homes sold in the Austin metropolitan area have changed. Continue reading
The real world of our fast-paced real estate market in Austin makes this post a couple of weeks later than I planned, but following up on my recent summary of Angelou Economics view of our community, I want to add a quick look at the residential market specifically. If you have attention to local media … Continue reading
Last week, Angelos Angelou (Angelou Economics) presented his recap of how Texas and Austin fared in 2015, and his outlook for 2016 and 2017. As always, it was an excellent and insightful review. There was far too much information to include here, but there are a few points related to Austin’s housing market that I do want to mention Continue reading
Assuming reasonably healthy economic conditions in the U.S. and internationally, mortgage rates will eventually rise. Sellers will continue to sell, and buyers will continue to buy, in virtually any interest rate environment, and rate changes will impact both. It is worth understanding and planning for, though. Continue reading
