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No cooling off for Austin’s apartment market.
For most purposes, growth and prosperity are good news, but demand outpacing supply makes keeping the least expensive stock available a real challenge. Continue reading
Austin musicians have influenced the industry for years … Continue reading
Now the work on real water projects begins … Continue reading
… this week’s weather did almost nothing to help the water supply for most of Austin and Travis County. Continue reading
Low inventory will keep things challenging for home buyers, but not as frustrating and frantic as our market was in the Spring and Summer of 2013. Going into next year’s traditional selling season, builders will help more with supply, but demand will remain very strong as well. Continue reading
Some of you know that I have invested time over the past two years with ABoR Government Affairs, aimed at getting the Texas Water Plan funded. The time has come, and I am writing to encourage your vote FOR Proposition 6 on the November 5, 2013 ballot. (Or sooner … early voting begins on 10/21.) Continue reading
Two recent reports discussed encouraging news about rising home values in the United States. The Austin area has seen 23 months of annual price gains. More …. Continue reading
Like the rest of the Austin metro area, we will remain a fast-moving, under-inventoried housing market for at least the remainder of 2013, and probably for much of 2014. The flurry of activity in April 2013 may turn out to have been just that, however, a flurry. Nonetheless, I expect BV/S to remain a strong seller’s market for many months to come. Continue reading
The trend has been clear for several months, but this month one chart from my dashboard really tells you most of what you need to know about the Austin/Central Texas residential market …. In April, 46% of all active listings sold! Continue reading
Bill Morris on Austin Real Estate 