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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
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
We talk a lot about market-level home sales and prices. This post looks below that level at changes over the past 10 years in the Austin-area market by price range. These are important chanages. Continue reading
Following up on discussions of increasing Days to Sell and resulting changes in regional home price appreciation … Continue reading
Since 2014 Days to Sell has trended upward and selling has required more price reductions. It isn’t a concern at this point, but worth being aware of. Continue reading
Bill Morris on Austin Real Estate 