October 2020 Market Report

It’s not too early to wish 2020 was over, is it? Let’s stay away from the news and look at a projection for next year. Nationally, we are on pace for 820,000 new-home sales in 2020, and total housing starts around 1.36m. This post amalgamates some 2021 projections....

September 2020 Market Snapshot

We all know the real estate maxim of Location, Location, Location. The wider economic corollary may well be Supply, Supply, Supply (or Demand, Demand, Demand – depending on the date.) The national trend is a Months-Supply-of-Inventory pegged well below the balanced...

August 2020 Market Snapshot

The demand for housing in Texas continues to be evident. The Texas Association of Realtors recently published their annual Texas Homebuyers and Sellers Report (story here, report here). One nice part of the reporting is the contrast between Texas and the nation as a...

July 2020 Market Report

The National Association of Home Builders reported that new home sales in July “posted the strongest seasonally adjusted annual rate since the end of 2006.” That pretty wells sums up sentiment we are seeing as well. (Does it scare you that 2006 is pre-Great...