The Oldham Group Updates

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.