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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
Purchase prices of Austin properties have increased faster than lease rates, and investing now is more challenging. Housing demand in Central Texas remains very high, though, and is likely to remain so for quite some time. Continue reading
Demand to live in the Austin area remains high, but home sales are limited by very low supply. Prices are rising faster again. Here are some details. Continue reading
Some buyers are still waiting out the Covid-19 issue and/or are unwilling or unable to obtain mortgage financing right now, and the number of homes available remains at its lowest point since January 2001. How the regional economy reopens and confidence that Covid-19 is more controlled will affect buyer activity and real inventory growth. Continue reading
The Austin area added significant listing inventory in March, and new pending contracts will boost April sales. I remain optimistic about buyers and sellers reentering the market when they are confident about doing so without jeopardizing their health. Continue reading
Bill Morris on Austin Real Estate 