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As the national economic recovery takes hold, Austin’s outlook will continue to improve, leading to more jobs, more in-migration, more builder confidence, and real growth in building permits. We may have another dip in front of us this year, but I expect the climb in the 12-month moving average shown above to be a sign of things to come this year and next. I believe that 2011 will mark our transition into another growth cycle in 2012.
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Apartment occupancy and lease rates are up in Austin. This does affect prices of other kinds of rental property, and there is still time to buy in the right areas. Continue reading
Price your house right the first time. Why spend more time on the market just to sell for less? Continue reading
Instead of discussing Austin employment statistically, sometimes it’s important to focus on specific employers. Here is a variety of success stories. Continue reading
I decided to assemble a more complete comparison of home prices in the Austin area and in the Case-Shiller indices (10-city and 20-city composites). The result? Here’s what a housing bubble looks like. Continue reading
What a great time to be in a great place! Continue reading
Unlike many cities used in the Case-Shiller Index, Austin saw average home sale prices dip in December, but here’s a different view of that data. Continue reading
By virtually every measure, Austin is the place to be. Yes, I’m biased, but this is a great place to live and work.
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Even data in this report says that our traffic isn’t much worse than the last study, and it might even be a little better. Either way, just because the way the score is counted is different, doesn’t change the result. Continue reading
A couple of days ago I received some questions on one of my blogsites about my Austin Market Dashboard. It strikes me that others may have the same questions … Continue reading
