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supply and demand

This tag is associated with 3 posts

Real Estate Market Trends 2015-2024: Essential Insights

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

Market Growth Continues

Ultimately, all market cycles turn, and this one will too, but job and population growth remain strong in the Austin area, supporting continuing strength in residential real estate.  We might be seeing some resistance, though. Continue reading

Austin/Central Texas market performance — what’s selling?

There are many ways to approach market analysis. Many real estate practicioners still do what their clients usually expect and base a pricing recommendation on recent “comps” in the neighborhood. That will certainly provide one indication of market value, but without a more thorough understanding of the market environment, I suggest that that approach can easily mislead, and result in a listing that is overpriced, or underpriced or, maybe, priced just right. Continue reading

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