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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
Local land use policies and zoning decisions can help to expand the types and prices of housing available. Here’s a look at some relevant history in the Austin area. Continue reading
The Austin metropolitan market is experiencing an unprecedented shortage of available housing with incredible demand continuing. This emerging trend among homebuilders is complicating the short term. Continue reading
The severe shortage of homes for sale is not just a Central Texas issue … it affects the entire U.S. Here’s why. Continue reading
