-
Subscribe
Subscribed
Already have a WordPress.com account? Log in now.
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
I’ll provide a more through review of the Austin-area residential market later this month, but at this point I have isolated activity involving only resale properties — houses, condominiums, and townhouses — in our 5-county metro area. Here is one snapshot of the past 60 months, looking at sales prices and average time on the … Continue reading
The Austin metro area’s residential market has been in transition since early in 2021, but even after months of declining prices, most homeowners still have high equity. Continue reading
Home price escalation in the Austin metro area during the pandemic was unprecedented. Here are the details since 2011, with shocking figures from the past three years! Continue reading
As the Austin-area real estate market adjusts to higher interest rates, reduced demand, and still less-than-normal housing inventories, some recent home buyers will find that they have lost equity, but the outlook remains positive for the region and for most property owners. Continue reading
Much of 2022 was a market in transition, and that will continue into 2023. Listing inventory remains higher than most of the past five years, but the outlook for the Austin market remains optimistic. Continue reading
Experts predict continued strong market performance for the Austin area. This look are recent history helps to put our current environment into perspective. Continue reading
The last 2-plus years have seen extraordinary market conditions in the Austin metro, but we seem to be moving back toward “normal” now. Here are some important indicators. 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
Bill Morris on Austin Real Estate 