Housing affordability is a frequent topic of conversation since the pandemic era and the changes in home prices and mortgage interest rates that followed. Because of our experience in Central Texas with the boom time in 2021 and 2022, it’s easy to believe that we’re in the only place that is now suffering with affordability … Continue reading
Among several posts I have written this year, a few have offered insights of how much the Austin area’s market environment has changed in 2025: U.S. Markets in 2025 — pricing is a challenge included a graph that showed that home prices in the Austin metropolitan area experienced the largest year-over-year decrease among 50 large … Continue reading
As you have seen in my posts during 2025, this has been an unsettled market environment. It continues to be so. A view of the market that I have not provided yet this year is the distribution of home sales across various price ranges. This chart shows how our price distribution has changed since 2011, … Continue reading
It has been two months since I updated my market dashboard for you (Austin Market Dashboard Updates, July 1, 2025), so this post is past due. For those of us who are actively involved in the market as brokers, agents, or home sellers or buyers, this data won’t be especially surprising, but if you haven’t … Continue reading
In my latest e-newsletter (Market Trends Continue) I shared some insights about real estate challenges affecting local and regional markets nationally. Today I have much more information about the broad U.S. environment. Much of it focuses on the role that new construction plays now in the larger residential market, but I want to share a … Continue reading
I have provided a number of updates on the Austin-area residential market over the past few months, but it has been longer than usual since I discussed the market dashboard that I have used for guidance for many years. Just to start, this long-term view is helpful to contrast today’s market environment across 35 years … Continue reading
About a week ago, in Buyer and Seller Insights Amid Austin’s 2025 Market Shift, I told you that the market for existing (resale) homes in the Austin metro area is challenging. Listing inventory is up, sales are down compared to one year ago, and prices have failed to rise year-over-year. Today, the National Association of … Continue reading
If you’re participating in the market now — as a home buyer, seller, or real estate professional — you’ll recognize the market environment depicted by the latest statistics: Homes are selling, but not robustly. Showings in most areas are slow, with many sellers concerned about activity, buyers uncertain about the direction of the market and … Continue reading
I haven’t provided a comprehensive look at the Austin-area residential market since Timing and Pricing: Key Insights for Austin Home Sellers, but Jeff Osborne, broker/owner of Realty Capital City shared very important insights in a meeting yesterday that I want to share. For the big picture, this chart says a lot: The number of active … Continue reading