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In Latest Data on Austin Residential Market Trends, I commented that home prices in our metropolitan area have been down in recent months and remain far below the peak we saw in 2022. In contrast, Yahoo!finance published this article this week: To the moon! Case-Shiller home price index hits another record high This paragraph summarizes: … Continue reading
A few weeks ago (Monthly Price Update), I provided an update on the Austin-area residential market, with data complete through July. Now, August data is available from the Texas Real Estate Research Center, and I have updated my market dashboard: Data through July showed that median and average prices were down on an annualized basis … Continue reading
One month ago (Market Dashboard and Case-Shiller Index) I wrote that average and median sale prices in the Austin metropolitan area remain significantly below their peaks in May 2022. The Case-Shiller cities, on the other hand, peaked at the same time and fell as our market did, but then recovered over the following year. This … Continue reading
It has been about six weeks since I wrote that home prices in the Austin area had been rising through May 2024, but I pointed out that the trend remained unpredictable at that time (Resale Market Changes – What a ride!). What we see in my market dashboard, now including results from June bears that … Continue reading
Last summer I posted a look at the distribution of home sale prices in the Austin metropolitan area (Update: Austin home price distribution). That view of prices through the first half of 2023 showed how the imbalance of housing supply and demand drove prices higher in 2022, and that market forces were calming the environment … Continue reading
For several months I haven’t provided a comprehensive update of the market metrics I track in my dashboard. I won’t have refined data from the Real Estate Research Center at Texas A&M for the whole first half of 2024 for a few more weeks, but this quick look will be useful: In case you haven’t … Continue reading
I have commented here and in other messages that the Austin-area residential market remains more unpredictable than we have experienced for much of this very long market cycle. In the coming days, I provided a complete update of my Market Dashboard with refined data from the Texas A&M Real Estate Research Center, but this post … Continue reading
I received this article this week, and I’m proud to share. The RE/MAX Competitive Edge I have been part of RE/MAX for more than 21 years, and I have always valued the professionalism that surrounds me, and the confidence that the RE/MAX brand brings to my client relationships. Here are some highpoints from the article: … Continue reading
Bill Morris on Austin Real Estate 