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Austin, Texas Housing Forecast for 2021: Stiff Competition Among Buyers
Forecasts for the Austin, Texas real estate market in 2021 suggest home prices in the capital city will continue rising for the foreseeable future. And that’s not surprising, when you consider that (A) inventory remains very low and (B) the population keeps growing. Within the Austin housing market, both sides of the supply-and-demand picture are putting upward pressure on prices. Here are the latest trends, conditions and predictions for the real estate market in Austin, Texas, extending into 2021. Austin Home Prices and Sales Rose During 2020 The current year, 2020, has been a big one for the Austin real estate scene. If you were to look at home-sales activity…
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Tips For Buying Your First Austin Texas Home
Are you searching for your first Austin Texas home for sale? If so, here are 5 tips that will make the process of finding your first home easier! Start saving for a down payment early It’s common to put 20% down, but many lenders now permit much less, and first-time home buyer programs allow as little as 3% down. But putting down less than 20% may mean higher costs and paying for mortgage insurance, and even a small down payment can still be hefty. For example, a 5% down payment on a $200,000 home is $10,000. Play around with this down payment calculator to help you land on…
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Should You Buy A Home In Austin Texas This Summer?
Are you planning on buying a home in Austin Texas this year but aren’t sure if you should purchase a house this summer or not? If so, here are important reasons why you should buy a home this summer! Prices aren’t always higher Although most people will tell you not to buy a home during the summer months because home prices are higher, the reality is that this isn’t always the case. Many times people will go on vacation during the summer months and this many force some buyers to lower their asking prices if they want to attract more buyers. Invеntоrу іѕ brоаdеr Yоu wоuldn’t buу a car frоm…