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I have written extensively in recent months about the difficult market conditions we’re facing in Austin-area residential real estate in 2025. (See Austin Real Estate 2025: Market Shift Explained and Fall 2025: A Shift to Buyer-Friendly Real Estate) All of this very long market cycle, which began in 2013, has been characterized by very low … Continue reading
A few days ago, REALTOR® Magazine published Could a Real Estate Sales Shift Be Ahead This Fall?, suggesting that after a “lackluster summer … the fall season could breathe new life into the housing market.” The article continues, “A recent housing report suggests more listings, lower prices and less competition could be coming this fall, … Continue reading
I have provided a number of updates on the Austin-area residential market over the past few months, but it has been longer than usual since I discussed the market dashboard that I have used for guidance for many years. Just to start, this long-term view is helpful to contrast today’s market environment across 35 years … Continue reading
I haven’t provided a comprehensive look at the Austin-area residential market since Timing and Pricing: Key Insights for Austin Home Sellers, but Jeff Osborne, broker/owner of Realty Capital City shared very important insights in a meeting yesterday that I want to share. For the big picture, this chart says a lot: The number of active … 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
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
The Two Big Issues the Housing Market’s Facing Right Now The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply: “Two dynamics are keeping existing-home inventory historically low – rate-locked existing homeowners and the fear of not finding something to buy.” … Continue reading
Bill Morris on Austin Real Estate 