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For the first time in months, we saw the gap between sales and listings close in July. We gained meaningful housing inventory for the first time in months. The crazy market isn’t done yet, but there are signs of progress. Continue reading
Demand for rental properties is up nationwide and here in Central Texas, investors’ experience in the Austin are has been different from other parts of the U.S. 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
I have been involved with government affairs and policy advocacy for many years: I chaired policy teams working on Water Issues, Land Use, and Property Rights, chaired the Legislative Management Team at the Austin Board of REALTORS® in 2015 and 2019, spoke many times at City Council meetings and separately with council members and the mayor, and … 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
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
After many years of working to improve professionalism in the real estate indusstry I am proud to be chosen by NAR as one of the first C2EX Ambassadors. 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
As a result of the high demand for single-family housing, the Real Estate Center projects an increase in sales by 6.4 percent with a lift of 5.2 percent per square foot price. Austin will still lead the state in sales and price increases, expecting a 9.2 percent growth in sales and a 7.9 percent growth in price per square foot. Continue reading
Bill Morris on Austin Real Estate 