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New Austin Homes Sale Fast As Low Inventory Drops Prices
AUSTIN, TX — Austin’s new home market saw record fast sales as less inventory pushed total monthly sales lower, according to a July report by HomesUSA.com. The new homes report was released Tuesday and is based on data from the Austin Board of REALTORS Multiple Listing Services, North Texas Real Estate Information Systems, Houston Association of REALTORS, and San Antonio Board of REALTORS. According to the report, new home sales set a record pace in June. The three-month moving average for Days On Market in Austin dropped to 38 days, a new low for the fewest average number of days for new homes to be on the market locally since…
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Austin-area housing market stays hot, sets January records
Continuing the Austin-area housing market’s hot streak, home sales and the median price paid for those homes set records for a January, according to new data from the Austin Board of Realtors. Low mortgage interest rates, high demand and a shortage of homes continue to fuel the market and drive prices higher, experts and real estate agents say. Sales of single-family homes, townhomes and condos soared almost 24% in January, with 2,523 homes changing hands, a record volume for the month. Half of the houses sold for more than $365,000 and half sold for less, a January record for the median price and an increase of nearly 20% over January 2020’s median. Things To Do Before…
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Are We Going to See A Foreclosure Wave In 2020?
One of the top things that most people who are interested in real estate, especially in Austin Texas, having asked us over the class of two months is if we are going to see a foreclosure wave hit the Austin Texas real estate market in 2020. Many people who study the real estate market think that the current economic conditions closely mirror that economy of 2008 which everybody knows that once things began to fall apart, a foreclosure wave hit the real estate market as well. Before 2008, mortgage lenders would lend money to anybody who had a pulse, and it wasn’t uncommon for there to be a wide variety…
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Austin Realtor – Click Here to Buy or Sell A Home in Austin
Are you searching for an Austin Texas realtor? If so, you come to the right place! Now is the right time to buy or sell a home in the Austin Texas area because mortgage interest rates are historically low and demand for ATX properties is high. Don’t miss out on your opportunity to buy an Austin property! Texas is proving to be the next “gold rush” state and Austin is one of the top relocation destinations as many people want to move here from all over the United States. About Me As a licensed Realtor® since 2000, I believe that my diverse clientele and community activism are my keys to…
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Buying Real Estate as An Investment Vs. Home – What’s the Difference?
Are you thinking about buying your first home in the Austin Texas area but people are also telling you that you should also look at the investment potential of the property as well? The good news is that you can indeed move forward with purchasing your first home while at the same time looking for things that will make it an ideal investment property when you follow the tips in this article. How to Make Sure It Will Be A Great Home When purchasing your first home you should first review your credit and clean that up before applying for a mortgage loan because your score will ultimately affect what…
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Austin Texas Is The Top City For Real Estate Prospects In 2020
Are you planning on buying or selling a home in the Austin area next year? If so, the ATX area continues to remain the top city for buying or selling a home in the United States, especially in 2020. Why buy or sell a home in the ATX area? The answers are simple. Homes in the Austin Texas area are still priced lower than other comparable properties nationwide, Central Texas has a thriving jobs market, there’s plenty of things to do in the area, and so much more! Buy Or Sell A Home In Austin During 2020 The Urban Land Institute, or ULI, cited Austin as the top U.S. real…
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Mortgage Interest Rates Keep Dropping Making Now A Great Time to Buy or Refinance
We’re at a period in the real estate market where many people thought interest ratwes would be climbing back up into the 5’s or higher but they are dipping down to 3.5%, making right now an excellent time to either buy a home in Austin or refinance your home. What’s driving mortgage rates today? Average mortgage rates edged down again yesterday, in line with our prediction. That makes three days of falling rates and one when they held steady in the last four business days. But recent falls have barely made a dent in the damage wreaked during the Sept. 5-13 period. Of course, mortgage rates today still remain remarkably…
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Five Tips Every First Time Home Buyer Needs To Know
The average age fоr first-time home buуеrѕ іn thе U.S. іѕ аrоund 33, a rеlаtіvеlу young аgе for ѕuсh a bіg lіfе choice. That said, buуіng уоur first hоmе at аnу аgе саn bе a ѕtrеѕѕful and tіmе-соnѕumіng еxреrіеnсе. Luckily, there are a few crucial роіntеrѕ that wіll help make thе jоurnеу tо hоmеоwnеrѕhір a less bumру ride. In this article I will share with you five tips for buying your first home. Draw uр a hаrd budgеt and ѕtісk tо it. Lеt’ѕ ѕау you’re іntеrеѕtеd іn a hоmе, but уоu’rе nоt ѕurе іt’ѕ in your рrісе range. Thаt’ѕ a problem. Before you start house hunting it’s сruсіаl thаt уоu…
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Austin Real Estate Market Update – July 2019
It’s hard to believe that it’s August 2019 already! If you plan on buying a home in Austin Texas this article will provide you with a breakdown of how the ATX real estate market did in July. Average Sales Price Right now, the average sales price for a home in Austin Texas is $396,110. This is an increase of close to 4% from July of 2018. Before buying a home in the ATX area make sure that you’re pre-approved for a mortgage loan because pre-approval will help your offer to stand out from other home buyers who may not have been pre-approved for mortgage loans. Units Sold Last month we…
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Tips for Selling Your Home During the Summer Months
Are you planning on selling your Austin Texas home this summer? If so, you’re making a smart choice because mortgage interest rates remain low while demand for real estate in the ATX area is high. If you’ve never sold a home before during the summer months, I will provide you with several tips to consider that will help make your home more memorable than others that a buyer may be thinking about buying. Tip #1 – Control the Environment Inside Your Home Since it’s summer in Central Texas everyone is having to deal with the heat. The good news is that you can turn the heat to your advantage by…
