Months of Inventory: Spotlight 78703
July 21, 2011 by Katy Duggan · Leave a Comment
The key statistic you need to use to show the current relationship between inventory and demand is a term called “Months of Inventory.” It is the number of homes for sale divided by the number of homes sold the month before. It is like an absorption rate and has always been a good way of […]
Filed under Home Buying, Home Selling, Market Reports, Real Estate Trends · Tagged with 78703, Home Values, July Market Report, Month's of inventory
2011 July Austin Advanced Market Report is Here!
July 20, 2011 by Katy Duggan · Leave a Comment
The Austin real estate market continues to strengthen: higher demand (sales) with a stable inventory (homes for sale). With interest rates not changing, current high occupancy rental rates and positive inward mobility the average/medium value of 85% of the homes in Austin have stabilized. In some areas, price ranges and zip codes we are seeing […]
Filed under Market Reports, Real Estate Trends · Tagged with Austin, Austin home market, Austin Real Estate, Home Buying, Home Values, housing update, Katy Duggan, Laura Duggan, Market Report, West Austin Properties
Austin Real Estate Stats You Won’t Get Anywhere Else
March 15, 2011 by Laura Duggan · Leave a Comment
(To skip straight to the market report, scroll to the bottom of this post.) Can you believe that it’s mid-March already?! March, for real estate, marks the beginning of the Spring selling season. More and more people will be listing their homes for sale–trying to time the market to sell in the least amount of […]
Filed under Home Buying, Home Selling, Market Reports, Real Estate Trends · Tagged with Austin, Home Buying, Home Selling, Market Report, Market Statistics, Real Estate, Relocating to Austin, Texas
Austin Real Estate Market on the Rise! Download our February 2011 report here.
February 15, 2011 by Laura Duggan · Leave a Comment
The positive vibes in the economy have finally landed in Austin. Home sales are up for the second month in a row. There is also a strong number of homes under contract, which shows us that sales will continue to be strong through February and into March. The number of homes coming on the market is […]
Austin Real Estate Market Report – 2010 Summary and 2011 Forecasts
January 11, 2011 by Laura Duggan · Leave a Comment
Dear Marketplace fans, It’s been a long time since the Austin Real Estate market has ended on a high point—4 years to be exact. This past December, homes sales were up 1.36%. We haven’t been able to say that sales were up in six months. 2010 was a year of high points and low points. […]
Filed under Home Buying, Home Selling, Market Reports, Real Estate Investing, Real Estate Trends · Tagged with Austin, Market Report, Patrick Birdsong, Real Estate, Real Estate Investing, Selling Your Home, Texas