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For the sixth consecutive year, Allied Van Lines reports that Texas enjoyed the highest level of net in-migration in the United States. I went to Allied Van Line’s source data and found the strength of Texas’ attraction even more impressive than the report sounded. Continue reading
While individual Austin-area homeowners have not generally seen their property values increase since the housing downturn and mortgage crisis began, a larger percentage of homebuyers have moved into much higher price ranges. That’s a real testament to the underlying strength of the Austin economy. Continue reading
In a predictable environment entrepreneurs and businesspeople will gamble their capital and their livelihoods on the chance to build and grow — creating jobs and prosperity for many others along the way. Continue reading
Pending home sales were down in September, but the Austin metropolitan area shows signs of strength. Continue reading
In this recession, maybe more than all others, it is important to recognize that “it ain’t over ’til it’s over.” That said, we still have the climate, the culture, the tax structure, the entrepreneurial dynamism, and the activity of a growth-oriented Chamber of Commerce that has made the Austin area so attractive and successful. Continue reading
Last week I heard a prominent Senate leader suggest that there should be an across-the-board moratorium on all foreclosures. My response: STOP before you help us any more!!!!! Continue reading
Road and utilities preparation could begin this year, and the entire development could ultimately include 5,000 homes and townhomes, 2,600 apartments, 2 million square feet of office and retail space, and 700 acres of parks and open space. Continue reading
An feature article in the Business section of today’s Austin American-Statesman highlighted a decline in home sales in the Austin area and growth in listing inventory. As noted by the Austin Board of Realtors the very small sales decline is really reason for optimism for the Austin/Central Texas real estate market. Consider listing inventory relative to current demand. Continue reading
So what does our fair city have to offer? “… a legendary music scene, unbeatable Tex-Mex and barbecue restaurants, and locals who seem too good to be true.” Continue reading
As I frequently do, I think it is important to provide an Austin/Central Texas perspective since our local and regional market has experienced the housing downturn and recession very differently than the five states where the worst impacts have been felt.
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Bill Morris on Austin Real Estate 