-
Subscribe
Subscribed
Already have a WordPress.com account? Log in now.
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
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
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
What an Economic Slowdown Could Mean for the Housing Market Talk about the economy is all over the news, and the odds of a recession are rising this year. That’s leaving a lot of people wondering what it means for the value of their home – and their buying power. Let’s take a look at … 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
The #1 Thing Sellers Need To Know About Their Asking Price When you put your house on the market, you want to sell it quickly and for the best price possible; that’s generally the goal. But too many sellers are shooting too high right now. They don’t realize the market has shifted as inventory has … Continue reading
Just over a week ago I posted several charts showing the market disruptions the Austin-area real estate market experienced in recent years. These two graphs highlight how very different the last 5 years were here as compared to the Unitied States generally. First, this chart summarizes S&P Case Shiller 10-City, 20-City, and National indices from … 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 