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Home price escalation in the Austin metro area during the pandemic was unprecedented. Here are the details since 2011, with shocking figures from the past three years! Continue reading
As the Austin-area real estate market adjusts to higher interest rates, reduced demand, and still less-than-normal housing inventories, some recent home buyers will find that they have lost equity, but the outlook remains positive for the region and for most property owners. Continue reading
2022 was a transitional year in Austin-area residential real estate. The adjustment toward “normal” will likely continue for much of 2023, and will remain somewhat unpredictable. This look back at market details is important as we consider what to expect this year. Continue reading
Much of 2022 was a market in transition, and that will continue into 2023. Listing inventory remains higher than most of the past five years, but the outlook for the Austin market remains optimistic. Continue reading
I love that quote, but I have to offer my personal view: I’m VERY unlikely to see midnight, but I AM optimistic for the coming year. I have written much about our real estate market in 2022, and it has truly been a time of great change. Frantic in the first quarter, cooling in the second, and slow … Continue reading
Experts predict continued strong market performance for the Austin area. This look are recent history helps to put our current environment into perspective. Continue reading
The Federal Reserve has been raising the Fed Funds rate this year, but mortgage rates don’t always follow. This look at history is worth seeing. Continue reading
Good insights on the U.S. residential market … well worth a few minutes to read: RE/MAX National Housing Report This updated report is available every month at CentralTexasHomeSearch.com, along with a lot of market information, buyer and seller guides, and searches covering all of the 5-county Austin metropolitan area. Visit often!
The last 2-plus years have seen extraordinary market conditions in the Austin metro, but we seem to be moving back toward “normal” now. Here are some important indicators. Continue reading
Bill Morris on Austin Real Estate 