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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
Market cycles do happen, and there are some signs of calm now. In the Austin area we are unlikely to see “normal” conditions soon, but I believe we will see progress. Continue reading
Since the Austin area recovered from the last market bottom, the residential real estate has moved faster than an any other time in at least thirty years. 2020 moved that velocity to an incredible new level. Continue reading
Sales are up and nventory is down … not just in Austin bur across the metro area. Strong demand continues despite tight supply. Here’s how 2020 compares to last year. Continue reading
Bill Morris on Austin Real Estate 