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austin real estate

This tag is associated with 28 posts

Market outlook – Austin area 2021

Recently I attended an excellent annual review and forecast by economist Mark Sprague of Independence Title. Here are some highlights, with special attention on the Austin area. Continue reading

Inventory — Austin housing in 2020

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

More on market velocity

Think quick sales and multiple offers are only a problem in your home search? Think again. Quick sales and multiple offers affect the entire Austin area. Continue reading

Market pace during Covid? Fast!!!

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

Shock and Awe in Austin home sales

Listing inventory has struggled to keep up with strong demand over this year in Austin. These are truly shocking market stats! Continue reading

Five-year market comparison — supply-demand tension increases

Sales soar, supply sinks, and prices rise. That’s been true for almost 8 years in Austin, but not like this year! Continue reading

What a summer! Home sales and prices …

July and August unit sales and annual price rises were astonishing! With limited housing supply, can it continue? Continue reading

Some important numbers changed

Record sales and low inventory are the story of the Austin-area residential market. Here are some important statistics from June 2020. Continue reading

Following up: Austin-area Home Prices — June 2020

My last post provided a lot of aggregate information about Austin-area real estate. This update adds details about pricing across the metropolitan area, by city and zip code. Continue reading

How did June home sales compare?

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