How Will We Know When the Austin Real Estate Market Begins to Recover?

The easiest way to tell if the market is turning is by looking at the # of pending sales and the # of new closings. However, these are lagging indicators. Sales were under contract 30-45 days ago and buyers started shopping 1-6 months before they put a property under contract. Can we determine that the […]

How Did Past Recessions Affect the Austin Real Estate Market?

And how could this recession affect the market? I’ve monitored the COVID Crisis probably more than I should. Credible sources are speculating that the recession could be incredibly short & v-shaped & other credible sources are predicting that it will be very long and disastrous. I tend to lean towards Goldilocks, who says it will […]

Persistence

“Nothing in the world can take the place of Persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and Determination alone are omnipotent. The slogan “Press On” has solved and will […]