As you have seen in my posts during 2025, this has been an unsettled market environment. It continues to be so. A view of the market that I have not provided yet this year is the distribution of home sales across various price ranges. This chart shows how our price distribution has changed since 2011, … 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
Looking forward to 2025 — a positive outlook, but with uncertainty. Continue reading
The residential real estate market in the Austin area has experienced a significant adjustment compared to the last two years, but a longer look at history provides important perspective. Continue reading
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
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
Following up on discussions of increasing Days to Sell and resulting changes in regional home price appreciation … Continue reading
Big challenges require big solutions, but I believe we can get this done. Continue reading
A few weeks ago I promised to update my market dashboard through June. I’ll add some comments later about the dashboard and about what how our market behaved January-June 2019. To start, here are the primary metrics I have watched for many years: The first chart isn’t as complicated as it looks. The orange line … Continue reading
In 2010 and 2011 the Case-Shiller cities experienced market weakness more dramatically than Austin did, and the Austin market maintained faster growth since the 2012 recovery than the Case-Shiller cities. Continue reading