The Austin Board of Realtors have released their Multiple Listing Service statistics for single family home sales in April – could this be the beginning of the big slowdown in the superheated market? If you look past the “more houses, higher price” headlines, you can see that the number of Read more…
A good friend of mine is writing a series of articles about the apparent dwindling affordability of housing in Austin, and asked me to research the values of all the homes she’s lived in over the last 30 years here. In lieu of that exercise, I test the data to Read more…
Texas is a non-disclosure state, so the sales price of a home is a closely guarded secret – known only to agents, appraisers, banks and not even the local taxing authorities were privy to the data. So how can you protest your home’s valuation based on comparable sales? Let’s take Read more…
If you’re thinking of buying or selling an Austin home in 2015 you’re probably asking what the market will do this year. After last year’s shock headlines that Austin was 19% overvalued (good link bait Zillow!) there was a second report released in December that claimed Austin was 20% overvalued Read more…
If you saw the Trulia headline that said Austin Homes are overvalued by 19%, you might be a little anxious – especially if you’re considering a purchase or have recently purchased. No-one wants to buy something that will potentially be worth four fifths of what they paid for it in Read more…
I was chatting to an agent a few days back who was convinced that the extreme sellers’ market in Austin was coming to an end. Is it true? Do we have inventory piling up? Her claim was that we were seeing price reductions throughout the central part of the city Read more…