austin economy

Austin Real Estate Stats – 2009 Midyear Breakdown by Austin MLS Area

July 24, 2009

Below are the Austin real estate market mid-year stats broken down by MLS area. I break the stats down by area each quarter because the macro stats I post each month don’t tell the entire story of our market. Location and price range factors are important, so each quarter I break down the overall stats [...]

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Austin Real Estate Market Update – June 2009 Stats

July 22, 2009

We’re at mid-year (June 2009 stats) for the Austin real estate market stats, and still the Austin real estate market is hanging tough. We continue to see stubborn bouncing up and down from month to month, as the graph to the left shows (click to enlarge), but the overall yearly trend is holding steady at [...]

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Austin Real Estate Market Update – May 2009 Stats

June 18, 2009

The Austin real estate market continues to chug along in a manner that would be considered unimpressive if not for the fact that it was expected to be doing so much worse by so many. Average sold prices are down about 3.5% and the Median is down about 2.25%. We’ll take take that. I’m not [...]

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Austin Real Estate Market Update – April 2009 Sales

May 21, 2009

The median sold price for houses in Austin was up 0.56% for April compared to April 2008. The average sold price was down 3.56%. Number of sales is down 21% from a year earlier for single family homes. In short, Austin remains a stubborn real estate market for those who were expecting some sort of [...]

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Austin Rental Market Update – March 2009

April 28, 2009

Average rents in Austin have taken a slight dip for the first quarter of 2009. The number of rented homes is up 11% over the same three months a year ago, no doubt due to the fact that many sellers are opting to rent instead of dropping prices below their bottom dollar. This creates additional [...]

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Austin Economic Forecast for 2009/2010

April 2, 2009

I’ll be attending the Angelou Economics Austin Economic Forecast today, hosted by the Oak Hill Business and Professional Association. This is a rerun of the presentation presented earlier in the year (but which costs $270 to attend). The power points and information are posted up on the Angelou website, but I always appreciate the question [...]

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Austin Continues to be Economic Top Performer Nationwide

September 17, 2008

The Austin Metro area ranks 4th among the country’s largest metropolitan areas on the Milken Institute and Greenstreet Real Estate Partners’ 2008 Best Performing Cities list. Texas as a whole did well, with Dallas, Houston, San Antonio, Killeen, and McAllen joining Austin in the top 25 of large metro areas. The top “small metro” area [...]

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