Archives

Archive for

More on Austin-area prices and affordability

How much do homes really cost here? In the metro area, the highest average and median prices are in neighborhoods near the close-by south shore of Lake Travis, not in the city itself. At the other end of the market, there are six suburban cities with average and median home prices at or below $200,000. Continue reading

Advertisements

Home prices are up in Austin, but …

It is still possible to buy less expensive homes, but with the rapid growth in population and employment, it is more difficult and competitive, and most often in the suburbs. Still, through September 2014 more than 1/3 of all homes sold in the metro area were priced under $200,000. Continue reading

Case-Shiller and Market Bubbles

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

Austin Market Dashboard — 3 HOT Quarters of 2014!

Actually, we’ve had much more than three calendar quarters of HOT market conditions in Central Texas, but I really want to comment on January – September 2014 here.  Since it has been a long time since I made time to write, though, I’ll remind readers that are new to my market dashboard, that the Greater … Continue reading