Interesting market views from Inman and the Austin American-Statesman … Continue reading
Ultimately, all market cycles turn, and this one will too, but job and population growth remain strong in the Austin area, supporting continuing strength in residential real estate. We might be seeing some resistance, though. Continue reading
Expect inventory constraints to remain with us in 2018, and for high demand to continue. Some geographic areas and price ranges will experience this differently, but it looks like another wild ride ahead this year. Continue reading
If all new Austinites purchased single family homes from 2006 to 2017, then we would have been more than 81,000 units under-supplied! Continue reading
Calendar year 2017 was unusual — mostly for its similarity to the previous few years in limited residential real estate inventories. It was the fifth year in a row with housing supply at or below half of what most market economists consider “normal” or “balanced.” Austinites have come to understand “seller’s market” in a very … Continue reading
