The Oldham Group Updates

It’s Cinco de Mayo! Let’s raise a margarita to celebrate the thriving Austin real estate market! May brings a fiesta of opportunities for home buyers as inventory numbers climb, offering a more options to choose from.

Our comprehensive data delves into vital aspects such as price fluctuations, listing trends, sales volumes, and the intricate economic variables influencing the residential real estate sector.

I had the privilege of participating in an HousingWire real estate conference this week. At the conference, industry experts and analysts dove into crucial statistics shaping the US Housing market.

A long time ago, a wealthy client told me, “Never bet against the US!” While we are bombarded daily with negatives about our economy…

SquawkBox featured an insightful article by Stephen Cohen this week, shedding light on the challenging task ahead for the Fed to tame inflation down to its 2% target.

As bluebonnets blanket the Texas landscape, signaling the arrival of spring, the real estate market in Austin experiences a similar surge in activity.

We monitor inflation, labor, demand, prices, and inventory in residential real estate to gauge market health, foresee trends, and to help our clients make informed decisions.

The Austin real estate market has demonstrated stability with year-over-year average sold prices experiencing a modest increase alongside a rise in unit sales.

Spring is packed full of fun in Austin! The bluebonnets are out, the real estate signs are going up, our town hosts the cutting edge SXSW Interactive conference.

While inflation is still above the Federal Reserve’s 2% target, the figures exceeded expectations, leading to an increase in the 10 year treasury yield.

Austin has retaken the crown as the numero uno on the Milken Institute’s prestigious 2024 Best Performing Cities List!

The Austin residential real estate market has been dynamic, often experiencing robust sales volume and price growth.

The pandemic caused extreme buyer behavior, and it appears that 2023 was the year things corrected. As we move into 2024, we’re expecting a more normal year.

Mortgage rates continued their descent this week to mark their lowest level since May 2023, welcome news for homebuyers who have been waiting on the sidelines for rates to drop.

The forecast is calling for freezing temperatures in Austin this weekend. Make sure your home is ready!

As we excitedly move into a new year, I often get asked what I see on the horizon for the Austin economy and for the residential real estate market.