Austin’s residential real estate market climbed in 2012 and in 2013 began the boom cycle that we have enjoyed for almost seven years now, marked by very low inventory and rising prices. What’s next? Continue reading
This market cycle is maturing, but we’re just watching the proper function of a market, and demand for Austin’s highly educated workforce and for the attractive lifestyle that Austin represents will continue to support growth for a while yet. Continue reading
One reason for our continuing struggle with supply vs. demand is that Austinites and staying longer in their homes, and we’re not alone Continue reading
Demand for housing in the Austin area remains very strong and is forecasted to continue for another year or more. Homebuilders are catching up a bit. So far it’s not enough, though. Here are some key trends to watch. Continue reading
Following up on discussions of increasing Days to Sell and resulting changes in regional home price appreciation … Continue reading
Investing in Austin is still viable and needed in order to create more rental inventory for our growing population, but the market environment now requires more careful analylsis of costs and potential benefits than in years past. Continue reading
Big challenges require big solutions, but I believe we can get this done. Continue reading
A few weeks ago I promised to update my market dashboard through June. I’ll add some comments later about the dashboard and about what how our market behaved January-June 2019. To start, here are the primary metrics I have watched for many years: The first chart isn’t as complicated as it looks. The orange line … Continue reading
In 2010 and 2011 the Case-Shiller cities experienced market weakness more dramatically than Austin did, and the Austin market maintained faster growth since the 2012 recovery than the Case-Shiller cities. Continue reading
The Real Estate HEAT (Housing Experts Anticipating Trends) Index
is a monthly leading indicator of nearly 40 housing markets in the
U.S. Five Star Professional partners with thousands of real estate agents who complete a weekly survey about the conditions they are observing in their marketplace. Continue reading
