Bill Morris Realtor

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Real Estate Agent - RE/MAX Capital City

ARCHIVED BLOG POSTS

2011 

I write often about how Austin differs economically from many other metro areas during these difficult times.  Two articles on the from the the Austin American-Statesman's Business section today prompt me to return to that theme again: Houston-based Patrinely enters Austin market with Aspen Lake ...
03/31/2011
Volatile.  Unpredictable.  Erratic.  I have used all those adjectives to describe market conditions for Austin/Central Texas residential real estate over the past few months.  They all apply, and 2011 will call for ongoing analysis and forecasting.  New construction and newly issued building perm...
03/30/2011
Yet another update of S&P's Case-Shiller Home Price Index provided news going into the Spring/Summer selling season that will be discouraging to homeowners who want or need to sell soon, and good news for prospective home buyers: Home prices falling in most major US cities The report notes that t...
03/29/2011
My Market Dashboard is a compilation of many key measures of market health that I began studying a few years ago and have found valuable in explaining circumstances in the Austin-area real estate market compared to news we have all seen and heard about the "national" market.  Real estate is inher...
03/23/2011
This post appeared yesterday on Yahoo! Finance: Why I Am Never Going to Own a Home Again The writer and interviewee is James Altucher, managing director of Formula Capital. I have done some brief research on Mr. Altrucher and his company, which manages mutual funds and hedge funds. If he's as bri...
03/22/2011
Austin has weathered the housing downturn much better than most of the United States, but not all market segments are rosy.  All real estate is hyper-local, with market conditions varying widely from one neighborhood to another, even within a very strong local and regional market.  One market seg...
03/20/2011
A few weeks ago the National Association of Realtors® reported:  Existing-Home Sales Rise Again in January<!-- WebTrends Script End--> (02/23/2011).  Among the available supporting data were comparisons of single family home sales -- units sold and median sale prices -- in 20 metropolitan areas a...
03/14/2011
A couple of weeks ago I wrote about the strength and optimism of the multifamily residential market in the Austin/Central Texas market: A strong sign of confidence in multi-family properties I promised to keep an eye on this and report further news.  Today, this article indicates the same kind of...
03/14/2011
Opportunity Austin, an economic development arm of the Austin Chamber of Commerce published its 2010 Annual Report today.  Introductory comments include this:"Austin has topped countless national rankings for job growth, innovation, quality of life and more. In fact, Austin ranked as the 26th bes...
03/09/2011
The Austin Chamber of Commerce posted an interesting report today based on the Texas Manufacturing Outlook Survey: Central Texas Economy in Perspective The outlook is optimistic. I want to comment on just a couple of charts from the Chamber's article, and one from the source report. Suffice to sa...
03/09/2011
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Bill Morris

ABR, CRS, CDPE, ePRO, MBA
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