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
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
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
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
Listing inventory has struggled to keep up with strong demand over this year in Austin. These are truly shocking market stats! Continue reading
Sales soar, supply sinks, and prices rise. That’s been true for almost 8 years in Austin, but not like this year! Continue reading
July and August unit sales and annual price rises were astonishing! With limited housing supply, can it continue? Continue reading
Record sales and low inventory are the story of the Austin-area residential market. Here are some important statistics from June 2020. Continue reading
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
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