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Tips for selling your home during Coronavirus
2020 has been an unconventional year for the ATX real estate market, and the nationwide real estate market as a whole, because even though the country is in a pandemic, people are still continuing to buy and sell houses. The big question is how do you start the process of start the process of selling your house when Coronavirus is still persisting and some businesses are getting locked down again? In this article I will provide you with several tips that you can use for selling your home during the Coronavirus pandemic. 1. Hire A Real Estate Professional If you’re a frequent reader of our blogs or News & Insights, you’re…
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March 2020 Austin Real Estate Market Update
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You Can Still Buy and Sell a Home During the Coronavirus Outbreak
Spring is usually the busiest time of year for real estate, it’s when house hunters and home sellers come out of hibernation mode and descend on the market in droves. But this year—in the era of COVID-19—is different. The coronavirus outbreak has rocked the economy and upended many industries, including real estate. As Americans across the country are sheltering at home, many home buyers are left wondering: Should I buy a home now, or wait until quarantine measures loosen and the economy picks up again? The same goes for sellers wondering when they should list their home. The real estate market is still active; most states have deemed the real…
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Your Guide to Buying a House from Your Parents
Sometimes it makes sense for real estate to be kept in the family. If you’re wondering whether you should buy a house from your parents, you’re in luck. We’ve outlined everything you need to know about this unique type of real estate transaction, from how to handle the financial aspects of closing the deal to what you need to consider when thinking about how this could impact your relationship. How to determine whether you should buy a house from your parents Do you want to buy your parents’ house? When you’re thinking of buying your parents’ house, the first thing you want to consider is whether you want their real…
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Will mortgage interest rates hit 0%?
One of the top questions that buyers and sellers have been asking in recent weeks is “are mortgage interest rates going to hit 0%”? The answer this question is no. Most economic analysts predict that mortgage interest rates will never go as low as 0% but it’s possible that we could see them dip down to as low as 3% (or lower) by 2021. Regardless of how low mortgage interest rates get, if you’re thinking of buying a home, you shouldn’t wait for interest rates to continue sliding because rates are considered to be historically low right now and that means that you should not hesitate to take advantage of…
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Texas Is On The Road Back To Normal Following Coronavirus
There’s no doubt that coronavirus has changed the business community in Texas because, most businesses that are classified as non-essential services, including real estate companies, have been closed down due to the pandemic. Sadly, after being closed down for almost two months, most businesses that have not been earning any Revenue during a coronavirus pandemic are close to shutting down completely or may even be considering bankruptcy. Thankfully, Texas governor Greg Abbott hasn’t made efforts to reopen businesses in the state of Texas including promising $50 million in small business loans. Learn More About The Austin Texas Real Estate Market To learn more about the Austin Texas real estate market,…
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Mortgage rates today, April 7, 2020 | Rates retreat
Multiple key mortgage rates dropped today. The average rates on 30-year fixed and 15-year fixed mortgages both dropped. The average rate on 5/1 adjustable-rate mortgages, meanwhile, ticked up. Mortgage rates change daily, but, overall, they are very low by historical standards. If you’re in the market for a mortgage, it could make sense to go ahead and lock if you see a rate you like. Just make sure you shop around first. 30-year fixed mortgages The average rate for the benchmark 30-year fixed mortgage is 3.77 percent, a decrease of 7 basis points over the last week. A month ago, the average rate on a 30-year fixed mortgage was lower,…
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Bidding wars are back as more buyers enter the market thanks to low interest rates
Thanks to the Federal Reserve recently lowering interest rates by a half a point, bidding wars are back and it’s not uncommon for homeowners to receive multiple offers. Fewer homes mean higher prices Last spring, buyers had more of an upper hand as more properties came on the market and sellers tried to woo back house hunters turned off by high prices and higher interest rates. Now buyers have fewer choices. At the end of January, there were 1.42 million units, including condos, co-ops and single-family homes on the market, up 2.2% from December, but down 10.7% from the same time last year, according to the National Association of Realtors. January’s housing inventory was the lowest it’s been…
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Austin Texas Real Estate Agent – Buy Or Sell A Home Here
Are you searching for an Austin Texas real estate agent? If so, you’ve come to the right place! I’ve been helping buyers and sellers across the Austin Texas area with all their real estate needs since the year 2000! It doesn’t matter if you’re searching for a single-family home, condo, town home or investment property to add to your portfolio, I can assist you with all of your real estate needs. Now is a great time to buy or sell real estate in the Austin Texas area because more people continue relocating to the ATX area than ever before and this shows no sign of slowing down even in the…
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Top Tips For Planning For Retirement
Since the economic crisis of 2008, retirement has been almost like a “dirty word” for many people in the United States because they lost their retirement incomes with the last economic crash. Even though retirement may be far off in the future for you, or you may have lost a significant chunk of your retirement income following the economic collapse, the reality is that it’s never too late, or too early, to start planning for retirement. In this article, I’ll share with you some of the top tips that most economic advisors in the United States recommend that you follow in order to get ready for retirement. Tip #1 –…
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Do I Work with Expired Listings?
One of the worst feelings as a home owner is to list your home for sale on the MLS only to have that listing result in becoming expired. These listings occur every year for a variety of reasons and they are typically not the homeowner’s fault. Why Do Expired Listings Occur? An expired listing can happen for any reason including the fact that the home was not staged or de-cluttered before it was listed for sale, the listing agent didn’t have a good marketing plan in place to promote the home online, or the home did not attract enough attention from buyers in the area. The good news about expired…
