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I have written several times in recent months about the uncertain environment we’ve seen in Austin-area residential real estate. Now, early in the new year, I want to highlight a few headlines that amplify that confusing situation. First, this article summarizes year-end sales results across the United States and in large, multi-state regions: Lower Mortgage … Continue reading
In 2025 Resale Results I discussed resale home prices during the past ten years, with a focus on the frantic market environment we experienced in 2022 and 2023. In this post I’ll add a look at home builders’ participation during that time, and the changing market conditions before and after. First, the blue line in … Continue reading
In Happy New Year — a look back I shared an article that summarized our experience in Austin-area residential real estate last year. Final data from the Texas Real Estate Research Center will be available in a couple of weeks, but using our MLS system we can look more closely at activity involving existing (resale) … Continue reading
Housing affordability is a frequent topic of conversation since the pandemic era and the changes in home prices and mortgage interest rates that followed. Because of our experience in Central Texas with the boom time in 2021 and 2022, it’s easy to believe that we’re in the only place that is now suffering with affordability … Continue reading
It has been two months since I updated my market dashboard for you (Austin Market Dashboard Updates, July 1, 2025), so this post is past due. For those of us who are actively involved in the market as brokers, agents, or home sellers or buyers, this data won’t be especially surprising, but if you haven’t … Continue reading
If you’re participating in the market now — as a home buyer, seller, or real estate professional — you’ll recognize the market environment depicted by the latest statistics: Homes are selling, but not robustly. Showings in most areas are slow, with many sellers concerned about activity, buyers uncertain about the direction of the market and … Continue reading
Near the end of Austin Market — a broader look I included a link to an article about the importance of pricing your home properly, noting that the longer a home is on the market the more deeply the ultimate sale price is likely to be discounted. That post dealt with national U.S. trends. This … Continue reading
The Truth About Newly Built Homes and Today’s Market Headlines are talking about the inventory of new homes and how we’re back at the levels not seen since 2009. And maybe you’re reading that and thinking: oh no, here we go again. That’s because you remember the housing crash of the late 2000s and you’re … Continue reading
I continue to expect more positive market conditions in 2025 than we saw last year. We have not seen a meaningful turn in that direction yet, however, and disruptions in the larger economy may delay that move. A critical reason for growth in our market environment is continued demand for housing in the Austin metropolitan … Continue reading
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
Bill Morris on Austin Real Estate 