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Near the end of Austin Market — a broader look I included a link to an article about the importance of pricing your home properly, noting that the longer a home is on the market the more deeply the ultimate sale price is likely to be discounted. That post dealt with national U.S. trends. This … Continue reading
The Truth About Newly Built Homes and Today’s Market Headlines are talking about the inventory of new homes and how we’re back at the levels not seen since 2009. And maybe you’re reading that and thinking: oh no, here we go again. That’s because you remember the housing crash of the late 2000s and you’re … Continue reading
I have commented at length on the residential real estate market in Central Texas, and will continue to do so. This morning I added my latest client e-newsletter to CentralTexasHomeSearch.com, bringing together a few recent posts and adding comments and context: Austin market — a broader look I’ll have more to say on this as … Continue reading
I continue to expect more positive market conditions in 2025 than we saw last year. We have not seen a meaningful turn in that direction yet, however, and disruptions in the larger economy may delay that move. A critical reason for growth in our market environment is continued demand for housing in the Austin metropolitan … Continue reading
The #1 Thing Sellers Need To Know About Their Asking Price When you put your house on the market, you want to sell it quickly and for the best price possible; that’s generally the goal. But too many sellers are shooting too high right now. They don’t realize the market has shifted as inventory has … Continue reading
I haven’t made time to write for several weeks, but it’s time to tell you things are going in the Austin residential market now that we have two full months of date. You may remember that I wrote in February that while much of the national real estate market was moving beyond the post-2022 downturn, … Continue reading
Just over a week ago I posted several charts showing the market disruptions the Austin-area real estate market experienced in recent years. These two graphs highlight how very different the last 5 years were here as compared to the Unitied States generally. First, this chart summarizes S&P Case Shiller 10-City, 20-City, and National indices from … Continue reading
I write frequently about market conditions and changes over almost 35 years in my Market Dashboard, but Jeff Osborne, Broker/Owner of RE/MAX Capital City presented some charts in a recent company meeting that I think capsulize our experience over the past 10 years. The charts I include in this post are built on MLS data, … Continue reading
On my business website (CentralTexasHomeSearch.com) I just posted this: Austin and Tech Job Growth In the chart below you’ll see that the Austin metropolitan area, among the top 10 growth metros in this arena, ranked 5th in percentage growth of CEM jobs from 2010 through 2023, but notice also that Austin ranked 1st in total job … Continue reading
