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I have commented here and in other messages that the Austin-area residential market remains more unpredictable than we have experienced for much of this very long market cycle. In the coming days, I provided a complete update of my Market Dashboard with refined data from the Texas A&M Real Estate Research Center, but this post … Continue reading
Home sales are down across most of the Austin metro but our region is still very much in demand for starting and growing businesses. Building high quality housing inventory is the path to growth. Continue reading
This is a market in search of stability, and there have been (and will be) ups and downs. This unpredictable environment is not resolved yet, there are good signs for the future. Continue reading
The Austin metro housing market has been through dramatic change over the past 2 1/2 years. Look at this contrast with the rest of the market cycle. Continue reading
There is no doubt that the Austin-area market environment is very different from what we have experienced over the past two yeras. Here are some important details. Continue reading
The residential real estate market in the Austin area has experienced a significant adjustment compared to the last two years, but a longer look at history provides important perspective. Continue reading
The Austin residential market continues significantly under-supplied, with resale listing inventory at its lowest since June 2021. Could 2022 repeat the bidding wars and rising prices we saw last year? Continue reading
After a crazy start to 2021, the second half of the year has been calmer, with median sale price levelling and days to sell climbing. Keep an eye on these metrics in the new year. Continue reading
The supply of homes for sale increased slightly in April, but Austin home prices have gone up faster in 2021 than at any time in at least 40 years, maybe ever. Is there an end in sight? 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
Bill Morris on Austin Real Estate 