Pro Builder
NOVEMBER 24, 2021
Local Housing Markets Report Low Inventory in October. Housing inventory is reaching record lows—here’s what to expect in the months ahead. Housing inventory could increase on a year-over-year basis during the winter months, but will still remain at historically low levels, says Bill McBride in the CalculatedRisk Newsletter. .
Pro Builder
OCTOBER 28, 2022
Austin Luxury Homes Are Lingering on the Market as a Buying Frenzy Slows. Luxury home builders in Austin, TX couldn't finish new projects fast enough throughout a pandemic-induced homebuying boom, but as a market correction takes effect, home sales are stalling and supply is stacking up. Fri, 10/28/2022 - 10:18.
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Pro Builder
JUNE 20, 2023
from this time last year, and cities such as Austin, Texas, and Phoenix are seeing double-digit declines, but without an increase in housing inventory, experts say home prices will remain elevated throughout the remainder of 2023. Buoyancy in the national average home prices is largely due to record-low inventory levels.
Pro Builder
FEBRUARY 6, 2023
If the house is perfect, the odds of someone else wanting it are high, too,” says Geena Peoples, an Austin, TX–based real estate agent with The Juice Group at Compass. Back in 2021, you could list just about anything and there would be a line out the door,” says Peoples.
Pro Builder
APRIL 16, 2021
In order to close the gap between housing demand and inventory, the market needs 4 million more homes for sale, according to a new report from Freddie Mac. The housing inventory issue has increased 52% during the past two years while the construction of entry-level homes has declined more than 84% during the past four decades.
Buisness Facilities Contributed Content
MAY 15, 2013
Technology shares the spotlight with music and film at the annual South by Southwest festival in Austin, TX. Technology innovation is happening across the country, but there is no better place to witness the revolution other than Austin, TX, home to a rapidly expanding technology industry. By Jenny Vickers. TEXAS FAST FACTS.
Pro Builder
JULY 26, 2021
Almost two-thirds of June listings resulted in bidding wars, and buyers continue to sweeten their offers by offering vacations and even crypto, but inventory remains low. Regions in which construction is underway on new luxury developments are likely to see an easing in competition, and therefore price acceleration, in the near future.
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