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This tag is associated with 283 posts

Market Dashboard – Austin area update

The most important feature of the current market cycle is that listing inventory has been at or below 3 months’ supply for virtually all of the past 5 years. This has been the longest-lasting “seller’s market” on record. Continue reading

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What About Downtown?

In 2016 in Review and Price Variation Around Austin I discussed sales of Single Family Homes (houses) in many areas of the Austin metro area.  I did not mention Downtown Austin in those posts because that are very few houses in the area.  I’ll fill in that blank here. Between July 1, 2016 and December … Continue reading

Price Variation Around Austin

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

2017 Outlook

Earlier this week I took a quick look back at real estate in 2016.  (See 2016 in Review.)  Today’s post is a compilation of some of the best thought available about what 2017 holds. First, let’s consider the larger Texas economy.  This summary from the Federal Reserve Bank of Dallas is an important starting point: … Continue reading

2016 in Review

The length of time since my last post, and the lateness of this one, are signs that the Austin-area residential real estate market remains VERY busy in 2017.  We remain in a jobs- and population-driven boom, with demand for housing outpacing supply in many areas and market segments. As a metro area, we have had … Continue reading

Austin ranks among best places to live in the U.S.

Austin is the second-best place to live in the U.S. … Continue reading

Leverage your support of local needs

Next Tuesday evening or Wednesday, please visit Amplify Austin, choose the cause that’s important to you, and leverage your power to help others in the Austin area. It is the right thing to do. Continue reading

So how much does housing cost in Austin? (Part 2)

There are significant variations in pricing within each county where most of the metro population lives, but there are cities in each county where a below-$200,000 purchase is still realistic. Continue reading

So how much does housing cost in Austin? (Part 1)

Market-wide price changes are the result of changes in the distribution of prices across many price ranges. Here’s a look at how the price distribution for homes sold in the Austin metropolitan area have changed. Continue reading

2015 Market Summary

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