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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
Even after unprecedented home price escalation in the first half of 2021, the situation for median income earners in the Austin area remain better than the national average. Continue reading
The Austin region has been seriously challenged to meet strong demand for housing throughout this market cycle. 2020 exacerbated that challenge. Continue reading
If you’ve been house-shopping over the past few years in the Austin area you know that it can be frustrating, with homes going under contract before you can get an offer submitted. It’s not your imagination … Continue reading
June home sales in the Austin metropolitan area posted a large gain — more than any month for more than a year. Quick sales and rising prices continue. Here are the details. Continue reading
In “2017 Outlook” I provided links to several viewpoints on the Texas and Austin-area economy and housing market. As I mentioned at the end of that post, last week I attended a presentation by Mark Sprague (Director of Information Capital, Independence Title) to hear his projections. An important theme of the presentation was “disruptive change,” in … Continue reading
Bill Morris on Austin Real Estate 