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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
The percentage of total unit sales in the $200,000 to $400,000 range grew from 46% in 2014 to 62% in 2018, and to 66% in the 1st quarter of 2019 because the availability of homes under $300,000 fell dramatically. Continue reading
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
Bill Morris on Austin Real Estate 