Bill Morris Realtor

Residential market activity in the Austin metropolitan area is up.  As of June 29, 2011, here is a high-level look at our residential market: 9,360 Active residential listings (single family homes, condominiums, and townhouses) 1,681 Sold in the past 30 days At that pace, existing inventory will ...

Market conditions for residential properties in the Austin/Central Texas area continue improve, and remain better than reports in the national media and far better than conditions in the metro markets that suffered most during the housing downturn over the past few years. This recent article high...

Final data for May 2011 is available this morning so I will be updating my Austin Market Dashboard this week. For now I just want to offer a quick summary. First, home sales (units) in Austin and Central Texas are still down year-over-year, about 10% from May 2010 to May 2011, but the gap was nar...

Hypothetical #1:  You have decided it's time to move.  You have been in your house for a few years, but it's now too small, or too large, or in the wrong location.  We meet to discuss the process of selling your home.  I'll go through a detailed market analysis with you and discuss preparation an...

One of the ongoing services I offer my clients is assistance every year with market information needed to protest proposed new tax values.  This year there have been some very obvious protests, and some new appraisals that were reasonably in tune with actual market value.  One, however, provided ...

Sometimes the only immediate response to the news is, "AARRGGGHHHHHH!" Here's an interesting pair of articles published by RISMedia: Owning a Home Essential to the American Dream, Survey Says From that piece: “An overwhelming 75 percent of the people who were polled said that owning a home is wor...

Austin, Texas and Washington, D.C. have a lot in common.  Both are beautiful cities built on rivers that feature prominently in their ambience.  They are also both capital cities, which has much to do with other aspects of the cities' character.  Both offer moderate climates and active cultural a...

In a couple of recent posts I discussed the market environment in various price ranges around the Austin/Central Texas area, and pointed out that some market segments here are clearly moving well regardless of the "typical" price range in the area, while others are moving VERY slowly.  (See Austi...

An article I found today on TexasRealEstate.com prompts me to revisit a topic that I mentioned a few days ago, and many times before: Prevent your house from languishing on the market The important quote from the article, and a frequent conversation in my business is, "Some homesellers think it’...

Reported by RISMedia over the Memorial Day weekend: Housing Affordability Rises to Record Levels As always, I was curious about how Texas and Austin stack up compared to other metropolitan areas and to the national average.  As a start, I went to the source data by MSA and charted the large citie...