After a frantic several months earlier this year, the Austin real estate market is searching for balance. We have gained a little inventory, and the market may pause periodically. We have a way to go, but take progress where you can find it in this environment. Continue reading
For the first time in months, we saw the gap between sales and listings close in July. We gained meaningful housing inventory for the first time in months. The crazy market isn’t done yet, but there are signs of progress. Continue reading
Demand for rental properties is up nationwide and here in Central Texas, investors’ experience in the Austin are has been different from other parts of the U.S. Continue reading
Market cycles do happen, and there are some signs of calm now. In the Austin area we are unlikely to see “normal” conditions soon, but I believe we will see progress. Continue reading
We are not out of the woods by any means from a supply vs. demand prespective, but this extraordinary boom doesn’t look or feel like what we saw in 2007-2008. Continue reading
The Case-Shiller index hit an all-time high in April. Price appreciation in the Austin metro far exceeded the indexed cities. Here’s the comparison. Continue reading
The supply of homes for sale increased slightly in April, but Austin home prices have gone up faster in 2021 than at any time in at least 40 years, maybe ever. Is there an end in sight? Continue reading
During much of the pandemic, mortgage lenders have been prohibited from foreclosing loans due to missed payments. The latest extension of the foreclosure moratorium will end on June 30. With memories of the very real foreclosure crisis following the mortgage industry crash in 2007, some have predicted a similar event later this year. This time is very different. Continue reading
Here are three reports on U.S. migration patterns — where residents moved to and from in 2020. Always interesting information. Continue reading
The Emerging Markets Index has identified the top 10 cities/metros that are benefiting most in the current economy. Austin is #2 but you’ll be surprised by the diversity of the entire list. Continue reading
