COVID-19 & Austin Real Estate: Market Statistics & Leading Indicators

This is our newsletter for tomorrow, April 17. Before the crisis, we sent one newsletter per month that included basic YOY statistics for the previous month, commentary on those stats, and interesting news. Since COVID began, we’ve been sending a post a week, as there is a lot of interesting news, statistics, and content. We’ve […]

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 […]