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It’s time to VOTE ro Texas Proposition 2 to increase the homestead exemption. Details in this post. Continue reading
2021 saw the most dramatic shift in the distribution of home sale prices we’ve seen. Here are the details, with comparisons back to 2011. Continue reading
The first quarter of 2022 showed much the same demand pattern that we saw in 2021, with continuing supply constraints and upward price pressure. Here are the details. Continue reading
We continue to sell more homes than we list, but despite that unit sales were up in February year-over-year, and price growth remains high. Continue reading
Strong and growing demand for housing in the Austin area has outpaced the ability to build or list enough homes to keep up. These market statistics paint a challenging picture. Continue reading
Many market watchers forecast somewhat calmer market conditions in 2022, but the pace of job and population growth in Austin makes that less certain here. Continue reading
The pace of home price growth in the Austin area outpaced the Case-Shiller indices in 2021. Severe supply shortages continue to complicate our markets in 2022. Continue reading
The extreme pace of price growth in the Austin market has calmed somewhat in recent months, but our housing supply shortage is not easing. 2022 will likely be challenging — again. Continue reading
The Austin residential market continues significantly under-supplied, with resale listing inventory at its lowest since June 2021. Could 2022 repeat the bidding wars and rising prices we saw last year? Continue reading
After a crazy start to 2021, the second half of the year has been calmer, with median sale price levelling and days to sell climbing. Keep an eye on these metrics in the new year. Continue reading
Bill Morris on Austin Real Estate 