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Market News and Trends

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Market price distribution — more growth in 2021?

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

Sitting down? More on Austin home prices

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

What a market! 2020 Recap

The Austin region has been seriously challenged to meet strong demand for housing throughout this market cycle. 2020 exacerbated that challenge. Continue reading

Market outlook – Austin area 2021

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

Inventory — Austin housing in 2020

Sales are up and nventory is down … not just in Austin bur across the metro area. Strong demand continues despite tight supply. Here’s how 2020 compares to last year. Continue reading

More on market velocity

Think quick sales and multiple offers are only a problem in your home search? Think again. Quick sales and multiple offers affect the entire Austin area. Continue reading

Market pace during Covid? Fast!!!

If you’ve been house-shopping over the past few years in the Austin area you know that it can be frustrating, with homes going under contract before you can get an offer submitted. It’s not your imagination … Continue reading

Shock and Awe in Austin home sales

Listing inventory has struggled to keep up with strong demand over this year in Austin. These are truly shocking market stats! Continue reading

Five-year market comparison — supply-demand tension increases

Sales soar, supply sinks, and prices rise. That’s been true for almost 8 years in Austin, but not like this year! Continue reading

What a summer! Home sales and prices …

July and August unit sales and annual price rises were astonishing! With limited housing supply, can it continue? Continue reading