Local land use policies and zoning decisions can help to expand the types and prices of housing available. Here’s a look at some relevant history in the Austin area. Continue reading
The Austin metropolitan market is experiencing an unprecedented shortage of available housing with incredible demand continuing. This emerging trend among homebuilders is complicating the short term. Continue reading
The severe shortage of homes for sale is not just a Central Texas issue … it affects the entire U.S. Here’s why. Continue reading
Strong demand and shrinking supply had driven prices up in and around Austin. Here are some important details. Continue reading
Ongoing supply vs. demand pressure has driven dramatic price increases in Austin and around the U.S. Here’s a twenty-year comparison. Continue reading
2020 caused changes in the way we use our homes, with new trends in home design preferences resulting. Continue reading
Years of demand for housing that outpaced supply have led to continuing price growth. Thes charts show the distribution of all home sales by price range across the Austin metro area. Continue reading
Since the Austin area recovered from the last market bottom, the residential real estate has moved faster than an any other time in at least thirty years. 2020 moved that velocity to an incredible new level. Continue reading
The Austin region has been seriously challenged to meet strong demand for housing throughout this market cycle. 2020 exacerbated that challenge. Continue reading
Recently I attended an excellent annual review and forecast by economist Mark Sprague of Independence Title. Here are some highlights, with special attention on the Austin area. Continue reading
