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This category contains 342 posts

Shelter in Place Orders in Central Texas

On Friday I posted a copy of my March client e-newsletter, discussing in general terms the “Stay Safe” orders in the City of Austin and Travis, Williamson, and Hays counties. The Austin Board of REALTORS® has provided this much more detailed comparison of all four: Comparison of Stay Home – Stay Safe Orders in Central … Continue reading

“May you live in interesting times” — Covid-19 and a brief market update

In the past, I haven’t shared the e-newsletter beyond my clients, but yesterday I provided them some updates that I believe deserve broader distribution. Continue reading

One last post on pricing (for now)

This is the third post in a series reviewing Austin-area home prices and summarizes the distribution of sales across specific price ranges. Continue reading

Market Dashboard – Year-end 2019

If you follow media reports about residential real estate in the Greater Austin area you know that we are still in a very “unusual” market environment. “Crazy,” some might say. 2019 was the seventh full year of significant imbalance between housing demand and housing supply. Compare this market cycle to others over the past thirty years. Continue reading

More on Austin-area home prices

We talk a lot about market-level home sales and prices. This post looks below that level at changes over the past 10 years in the Austin-area market by price range. These are important chanages. Continue reading

Mark Sprague – Economic Outlook

I recently attended an economic forecast presentation at a luncheon for the local chapter of the Residential Real Estate Council. Our speaker was Mark Sprague, Director of Information Capital for Independence Title and an analyst and prolific writer and speaker on all things real estate. I am pleased to offer some important insights about the Austin-area. Continue reading

Austin Area Home Prices – 4Q 2019

We certainly have an affordability issue in Austin residential real estate, but in the aggregate we haven’t hit a tipping point. The need for “missing middle” housing options in the city of Austin is very real, and now is the time to start. Continue reading

Optimism from home buyers

I wrote a couple of posts yesterday on another site but thought I’d share them here as well: Supply and Demand: National Story And A Little Local Data Study: Homebuying Optimism Bounces Back Up It has been several weeks since I wrote about price trends and the changes in the number of homes for sale … Continue reading

Austin strong and in demand

If you live in Austin this won’t surprise you, but this article appeared today in RISMedia. It’s more than two years old but apparently is still in demand by readers, and in my estimation still accurate at least as far as Austin is concerned: 5 Cities Millennials are Flocking To The fact that this has … Continue reading

Home Price Index comparisons

Austin’s residential real estate market climbed in 2012 and in 2013 began the boom cycle that we have enjoyed for almost seven years now, marked by very low inventory and rising prices. What’s next? Continue reading