Austin Real Estate Market is Hotter than a Texas Summer

July 14, 2013 by · Leave a Comment 

oem software For the past five continuous months the overall real estate market has been a rare Extreme Sellers Market.  How rare?  In the prior 85 months, spanning 7 years, the Austin market has been in an Extreme Seller's Market only three months, and all three months were in 2006. Demand remains strong as people continue […]

Months of Inventory: Spotlight 78703

July 21, 2011 by · Leave a Comment 

The key statistic you need to use to show the current relationship between inventory and demand is a term called “Month's of Inventory.” It is the number of homes for sale divided by the number of homes sold the month before. It is like an absorption rate and has always been a good way of […]