Bill Morris Realtor

Real Estate Agent - RE/MAX Capital City



I write often about how Austin differs economically from many other metro areas during these difficult times.  Two articles on the from the the Austin American-Statesman's Business section today prompt me to return to that theme again: Houston-based Patrinely enters Austin market with Aspen Lake ...
Volatile.  Unpredictable.  Erratic.  I have used all those adjectives to describe market conditions for Austin/Central Texas residential real estate over the past few months.  They all apply, and 2011 will call for ongoing analysis and forecasting.  New construction and newly issued building perm...
Yet another update of S&P's Case-Shiller Home Price Index provided news going into the Spring/Summer selling season that will be discouraging to homeowners who want or need to sell soon, and good news for prospective home buyers: Home prices falling in most major US cities The report notes that t...
My Market Dashboard is a compilation of many key measures of market health that I began studying a few years ago and have found valuable in explaining circumstances in the Austin-area real estate market compared to news we have all seen and heard about the "national" market.  Real estate is inher...
This post appeared yesterday on Yahoo! Finance: Why I Am Never Going to Own a Home Again The writer and interviewee is James Altucher, managing director of Formula Capital. I have done some brief research on Mr. Altrucher and his company, which manages mutual funds and hedge funds. If he's as bri...
Austin has weathered the housing downturn much better than most of the United States, but not all market segments are rosy.  All real estate is hyper-local, with market conditions varying widely from one neighborhood to another, even within a very strong local and regional market.  One market seg...
A few weeks ago the National Association of Realtors® reported:  Existing-Home Sales Rise Again in January (02/23/2011).  Among the available supporting data were comparisons of single family home sales -- units sold and median sale prices -- in 20 metropolitan areas a...
A couple of weeks ago I wrote about the strength and optimism of the multifamily residential market in the Austin/Central Texas market: A strong sign of confidence in multi-family properties I promised to keep an eye on this and report further news.  Today, this article indicates the same kind of...
Opportunity Austin, an economic development arm of the Austin Chamber of Commerce published its 2010 Annual Report today.  Introductory comments include this: "Austin has topped countless national rankings for job growth, innovation, quality of life and more. In fact, Austin ranked as the 26th be...
The Austin Chamber of Commerce posted an interesting report today based on the Texas Manufacturing Outlook Survey: Central Texas Economy in Perspective The outlook is optimistic. I want to comment on just a couple of charts from the Chamber's article, and one from the source report. Suffice to sa...

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