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Austin

This tag is associated with 310 posts

More on Austin-area Home Prices

A few days ago I posted a look at how the price distribution of homes sales in the Austin Metropolitan area have changed over the past several years.  Now, I want to break that down by city within the region, focusing just on reported sale prices in 2018. Continue reading

Home Prices in Austin

Although the pace of price appreciation has slowed, it is still a very real part of our market environment and will likely continue for at least another year or two.  As part of my look back at our real estate market, it’s worth seeing how home price distribution has changed in the Austin metro area over the past eight years: Continue reading

2018 Market Recap

2018 finished strong, and with low inventory conditions continuing 2019 looks like another fast-paced year in Austin-area real estate. I continue to believe we’ll see slower year-over-year price increases than in recent years, but I’ll keep you informed. Continue reading

And another expert …

Last week I attended a great presentation by Mark Sprague, Director of Information Capital for Independence Title.  Here are some key takeaways. Continue reading

Another expert agrees

“… the Central Texas region will continue to see strong housing demand from anticipated robust job growth. But he noted that ‘there are some headwinds with respect to buyer confidence that we haven’t faced in a while’….” Continue reading

Yes, Austin is different …

Austin-area’s residential real estate market continues to expand even as much of the United States has slowed or stalled.  The reason is that our expansion is driven by job creation and population growth — real demand. Continue reading

Is Austin different?

I continue to expect some flattening of the Austin-area market in 2019, but January and the first quarter will tell us whether December’s drop was just exaggerated holiday seasonality or a sign of more to come. Continue reading

Market moving toward “normal”?

Resistance to increasing prices correlates with increasing Days to Sell, but doesn’t indicate a sharp downturn for our market.  Indeed, this is the way a healthy, properly-functioning market works. Continue reading

Building Permits and Housing Mix

The Austin metropolitan area is on track to issue a record number of residential building permits in 2018, but the mix of housing types has changed dramatically over the past 30 years, and that has seriously implications for housing affordability and future growth. Continue reading

Affordability and Austin-area schools

Not only do rising home prices in the city of Austin cause urban sprawl and exacerbate transportation/mobility issues throughout the region, but they are also contributing to an ongoing loss of students in Austin ISD. Continue reading