I hold both a UK and a US passport, and I was quite shocked to wake up on Friday to realize that the citizens of the UK narrowly voted in favor of severing economic and political ties with the European Union. Whatever your personal opinions on Brexit, you’ll be curious Read more…
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…
The Austin Board of Realtors say that median home sale prices have risen by 13 per cent year-over-year and the average price has risen 14 per cent. Since the two measures are close in number, in essence it means individual houses are becoming more expensive to buy. It’s only when 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…
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…
There are only 2.8 months of housing inventory reported in the Austin Multiple Listing System by the Austin Board of Realtors a week ago. There are stories of stampeding buyers trampling agents at open houses. Are buyers in danger of overpaying for homes in an Austin Housing Bubble? OK, so Read more…