In Happy New Year — a look back I shared an article that summarized our experience in Austin-area residential real estate last year. Final data from the Texas Real Estate Research Center will be available in a couple of weeks, but using our MLS system we can look more closely at activity involving existing (resale) … Continue reading
Happy New Year! I trust your resolutions are in order and that you’re off to a great start today. I’ll have more to say about last year when final data is available for December market activity, but for today I’ll share a recent article from the Austin American-Statesman: ‘Meh’: Austin’s housing market cooled in 2025, … Continue reading
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
Housing affordability is a frequent topic of conversation since the pandemic era and the changes in home prices and mortgage interest rates that followed. Because of our experience in Central Texas with the boom time in 2021 and 2022, it’s easy to believe that we’re in the only place that is now suffering with affordability … Continue reading
As you have seen in my posts during 2025, this has been an unsettled market environment. It continues to be so. A view of the market that I have not provided yet this year is the distribution of home sales across various price ranges. This chart shows how our price distribution has changed since 2011, … Continue reading
It has been two months since I updated my market dashboard for you (Austin Market Dashboard Updates, July 1, 2025), so this post is past due. For those of us who are actively involved in the market as brokers, agents, or home sellers or buyers, this data won’t be especially surprising, but if you haven’t … 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
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