We hope you’re doing well and staying safe. We received the full April 2020 market statistics from Independence Title on Wednesday, so wanted to send these out to everyone, along with our comments and interpretations. Since local businesses are affected heavily by the COVID-19 crisis, we want to highlight a local business owner when we […]
Category Archives: Austin Real Estate
April Real Estate Statistics: What do they mean?
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 […]