Archives

The Business of Real Estate

This category contains 101 posts

Austin Metro Prices vs. Case-Shiller

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

Advocating for property owners in Texas

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

Recurring theme:  sales, listings, and higher prices

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

Foreclosures in our future?

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

Emerging Markets Index

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

A new, exciting role — C2EX Ambassador!

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

Part of the Supply solution?

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

New home construction in Austin still growing

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

Confidence from RE/MAX Founder

“No doubt the industry is changing, as it always had in my 50 years of experience, but the constant that I see through all this time is consumer preference for quality brokers and agents.” Continue reading

Pricing to Sell

Buyers may begin to think that if a listing lasts too long there must be something wrong with the property. They may make a discounted offer or simply choose not to see it at all. Both options cost sellers real money. Continue reading