Tag Archives: Austin

Housing inventory shoots up as homes sit longer on the market

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A new report from Realtor.com shows that homes were sitting on the market for an average of 67 days in February, up from just 44 last year at the same time. Continue reading →

Gary Keller on ChatGPT, iBuyers and companies that ‘rent’ their tech

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Keller headlined his company’s Family Reunion conference Sunday, saying that he doesn’t think flashy new artificial intelligence tools are on the verge of upending the real estate industry. Continue reading →

Fueled by new wealth, ‘ultra-luxury’ real estate tallies big year in 2022

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Sales of homes valued at $10 million or more in newly emerged or reemerging markets helped propel transactions in that sector beyond pre-pandemic levels in 2022 while falling short of 2021 levels. Continue reading →

Home showings dip in December, but slowdown may be easing

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Showings were way down year over year but only dipped a little bit month over month, according to a new report from ShowingTime. They remain up compared to pre-pandemic levels. Continue reading →

Remote work will eventually make homebuying more affordable: Study

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While remote work helped drive up housing prices during the pandemic, a new study from the Economic Innovation Group argues remote work may help housing affordability in the future. Continue reading →

Homes for sale were pulled from the market at record pace in November

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In the biggest decline in active listings since at least 2015, an average of 2 percent of all U.S. homes for sale were delisted during a 12-week period ending Nov. 20, according to data released Friday by Redfin. Continue reading →

Redfin economist: ‘We’re going to have pain’ while high inflation lasts

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Daryl Fairweather also said during her Yahoo Finance appearance that “demand is very weak” as both homebuyers and sellers take a breather from the housing market. Continue reading →

Pandemic-era boomtowns see steepest price growth slowdowns

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Median home price growth has slowed the fastest in Austin, Phoenix and San Jose, with fellow pandemic boomtowns Las Vegas and Boise also seeing significant slowdowns. Continue reading →

5 housing proposals on midterm ballots — and how they shook out

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In dozens of communities across the U.S., affordable housing was on the ballot in the midterms. Here’s how some of the biggest proposals did as results were still being tallied. Continue reading →