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The State of Texas has issued new rules for working during the Covid-19 issue. Real estate services are correctly identified as being “essential.” Here are the rules and my general plans to proceed. Continue reading
If you follow media reports about residential real estate in the Greater Austin area you know that we are still in a very “unusual” market environment. “Crazy,” some might say. 2019 was the seventh full year of significant imbalance between housing demand and housing supply. Compare this market cycle to others over the past thirty years. Continue reading
In 2010 and 2011 the Case-Shiller cities experienced market weakness more dramatically than Austin did, and the Austin market maintained faster growth since the 2012 recovery than the Case-Shiller cities. Continue reading
The Real Estate HEAT (Housing Experts Anticipating Trends) Index
is a monthly leading indicator of nearly 40 housing markets in the
U.S. Five Star Professional partners with thousands of real estate agents who complete a weekly survey about the conditions they are observing in their marketplace. Continue reading
Since 2014 Days to Sell has trended upward and selling has required more price reductions. It isn’t a concern at this point, but worth being aware of. Continue reading
The real estate industry has been battling wire fraud over the past few years. Here’s what you need to know. Continue reading
In 2017 Outlook I promised to provide more information about how much home prices can vary from one area to another around the Greater Austin area. I won’t get down to neighborhood-specific market activity in this post, but looking at the 5-county metropolitan area in pieces will paint a fairly complete picture. As a starting … Continue reading
The real world of our fast-paced real estate market in Austin makes this post a couple of weeks later than I planned, but following up on my recent summary of Angelou Economics view of our community, I want to add a quick look at the residential market specifically. If you have attention to local media … Continue reading
I’m convinced that Austin’s growth and home value appreciation are happening for the right reasons — real demand supported by economic growth and employment opportunity. I do not see reasons to fear a market bubble that is so much on some people’s minds after the painful recession we’re all still pulling out of. Continue reading
This data shows why the average price of about $278,000 in “Austin” is not especially helpful in more specific discussions of property values. You can also see why my answer to “What’s the price per square foot in Austin?” is always, “It depends.” Continue reading
Bill Morris on Austin Real Estate 