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This category contains 303 posts

Proud recognition

My About Me page mentions my selection as a Five Star Real Estate Professional and recognized in Texas Monthly magazine each year since 2011.  In connection with that award I am also proud to have been featured for two years in Forbes in 2018 and 2019: Real Estate Market Leaders I am especially proud that … Continue reading

More on Austin-area Home Prices

A few days ago I posted a look at how the price distribution of homes sales in the Austin Metropolitan area have changed over the past several years.  Now, I want to break that down by city within the region, focusing just on reported sale prices in 2018. Continue reading

Home Prices in Austin

Although the pace of price appreciation has slowed, it is still a very real part of our market environment and will likely continue for at least another year or two.  As part of my look back at our real estate market, it’s worth seeing how home price distribution has changed in the Austin metro area over the past eight years: Continue reading

Texas Economy Cools Off … Slightly

I received an update from the Real Estate Center at Texas A&M University this morning and just want to pass it on. Here are some highlights: “The U.S. and Texas economies will continue to expand in 2019 but at noticeably decelerated rates.” Texas employment growth should continue at almost twice the pace of U.S employment … Continue reading

2018 Market Recap

2018 finished strong, and with low inventory conditions continuing 2019 looks like another fast-paced year in Austin-area real estate. I continue to believe we’ll see slower year-over-year price increases than in recent years, but I’ll keep you informed. Continue reading

And another expert …

Last week I attended a great presentation by Mark Sprague, Director of Information Capital for Independence Title.  Here are some key takeaways. Continue reading

Another expert agrees

“… the Central Texas region will continue to see strong housing demand from anticipated robust job growth. But he noted that ‘there are some headwinds with respect to buyer confidence that we haven’t faced in a while’….” Continue reading

Yes, Austin is different …

Austin-area’s residential real estate market continues to expand even as much of the United States has slowed or stalled.  The reason is that our expansion is driven by job creation and population growth — real demand. Continue reading

Is Austin different?

I continue to expect some flattening of the Austin-area market in 2019, but January and the first quarter will tell us whether December’s drop was just exaggerated holiday seasonality or a sign of more to come. Continue reading

Market moving toward “normal”?

Resistance to increasing prices correlates with increasing Days to Sell, but doesn’t indicate a sharp downturn for our market.  Indeed, this is the way a healthy, properly-functioning market works. Continue reading