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One month ago (Market Dashboard and Case-Shiller Index) I wrote that average and median sale prices in the Austin metropolitan area remain significantly below their peaks in May 2022. The Case-Shiller cities, on the other hand, peaked at the same time and fell as our market did, but then recovered over the following year. This … Continue reading
It has been about six weeks since I wrote that home prices in the Austin area had been rising through May 2024, but I pointed out that the trend remained unpredictable at that time (Resale Market Changes – What a ride!). What we see in my market dashboard, now including results from June bears that … Continue reading
Last summer I posted a look at the distribution of home sale prices in the Austin metropolitan area (Update: Austin home price distribution). That view of prices through the first half of 2023 showed how the imbalance of housing supply and demand drove prices higher in 2022, and that market forces were calming the environment … Continue reading
For several months I haven’t provided a comprehensive update of the market metrics I track in my dashboard. I won’t have refined data from the Real Estate Research Center at Texas A&M for the whole first half of 2024 for a few more weeks, but this quick look will be useful: In case you haven’t … Continue reading
I have commented here and in other messages that the Austin-area residential market remains more unpredictable than we have experienced for much of this very long market cycle. In the coming days, I provided a complete update of my Market Dashboard with refined data from the Texas A&M Real Estate Research Center, but this post … Continue reading
I received this article this week, and I’m proud to share. The RE/MAX Competitive Edge I have been part of RE/MAX for more than 21 years, and I have always valued the professionalism that surrounds me, and the confidence that the RE/MAX brand brings to my client relationships. Here are some highpoints from the article: … Continue reading
Central Texas Table of Grace is a 501(c)(3) non-profit organization that exists to provide emergency shelter services to the children and youth in the foster care system. Our mission is to create a loving, nurturing, homelike environment for displaced youth, providing shelter and healthy food as well as teaching healthy habits and life skills to … Continue reading
Today is the first day of early voting in Texas, leading to the 2024 primary elections on May 5. Primaries are especially important in Texas because they are so early compared to many other states. It’s time to make your voice heard. Texas REALTORS® is committed to advocating for a strong real estate industry, advancing … Continue reading
Bill Morris on Austin Real Estate 