-
Subscribe
Subscribed
Already have a WordPress.com account? Log in now.
I write frequently about market conditions and changes over almost 35 years in my Market Dashboard, but Jeff Osborne, Broker/Owner of RE/MAX Capital City presented some charts in a recent company meeting that I think capsulize our experience over the past 10 years. The charts I include in this post are built on MLS data, … Continue reading
In Latest Data on Austin Residential Market Trends, I commented that home prices in our metropolitan area have been down in recent months and remain far below the peak we saw in 2022. In contrast, Yahoo!finance published this article this week: To the moon! Case-Shiller home price index hits another record high This paragraph summarizes: … Continue reading
For several months I haven’t provided a comprehensive update of the market metrics I track in my dashboard. I won’t have refined data from the Real Estate Research Center at Texas A&M for the whole first half of 2024 for a few more weeks, but this quick look will be useful: In case you haven’t … Continue reading
Don’t Believe Everything You Read About Home Prices According to the latest data from Fannie Mae, 23% of Americans still think home prices will go down over the next twelve months. But why do roughly 1 in 4 people feel that way? It has a lot to do with all the negative talk about home prices over the … 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
Oops! Home Prices Didn’t Crash After All During the fourthquarter of last year, many housing experts predicted home prices were going to crash this year. Here are a few of those forecasts: Jeremy Siegel, Russell E. Palmer Professor Emeritus of Finance at the Wharton School of Business: “I expect housing prices fall 10% to 15%, … Continue reading
Real estate markets across Texas moved toward balance in the 1st quarter of 2023. Here’s how the Austin metro compares to the state overall. Continue reading
2022 was a transitional year in Austin-area residential real estate. The adjustment toward “normal” will likely continue for much of 2023, and will remain somewhat unpredictable. This look back at market details is important as we consider what to expect this year. Continue reading
Much of 2022 was a market in transition, and that will continue into 2023. Listing inventory remains higher than most of the past five years, but the outlook for the Austin market remains optimistic. 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
Bill Morris on Austin Real Estate 