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price appreciation

This tag is associated with 64 posts

More on Austin-area Home Prices

A few days ago I posted a look at how the price distribution of homes sales in the Austin Metropolitan area have changed over the past several years.  Now, I want to break that down by city within the region, focusing just on reported sale prices in 2018. Continue reading

Home Prices in Austin

Although the pace of price appreciation has slowed, it is still a very real part of our market environment and will likely continue for at least another year or two.  As part of my look back at our real estate market, it’s worth seeing how home price distribution has changed in the Austin metro area over the past eight years: Continue reading

Is Austin different?

I continue to expect some flattening of the Austin-area market in 2019, but January and the first quarter will tell us whether December’s drop was just exaggerated holiday seasonality or a sign of more to come. Continue reading

Market moving toward “normal”?

Resistance to increasing prices correlates with increasing Days to Sell, but doesn’t indicate a sharp downturn for our market.  Indeed, this is the way a healthy, properly-functioning market works. Continue reading

Affordability and Austin-area schools

Not only do rising home prices in the city of Austin cause urban sprawl and exacerbate transportation/mobility issues throughout the region, but they are also contributing to an ongoing loss of students in Austin ISD. Continue reading

Market Dashboard Update, 3Q 2018

Market economists remain confident in our strong market conditions through 2019 and into 2020, and I agree.  Inevitably, however, we will see prices moderate, interest rates increase, “days on market” grow, and inventory begin to catch up with demand. Continue reading

Thoughts on this Market Cycle – Trends to Watch

I have written recently that we might be seeing some signs of movement in the direction of more normal market conditions. The latest local data seems to reinforce that opinion. Continue reading

Market Dashboard – 1H 2018 in review

Monthly prices have been consistently exceeding (and lifting) the long-term trend for all of 2 1/2 years now.  If there is risk in our market that may be it, but if buyers begin to resist then sellers will adjust.  Our very long market boom has been and remains driven by job creation and resulting population growth, but a functioning market will balance itself over time.  Continue reading

Market Shift?

I have heard recent comments from a few real estate agents that the market seems slower this year.  I have “felt” something different in recent weeks myself, but I trust data so I decided to check on that from 30,000 feet … Continue reading

Austin Market Price Distribution

Here’s an updated look at the overall distribution of residential sale prices across the Austin metropolitan area.  Continue reading