atx real estate

The Future of the Austin Real Estate Market

The Austin market has begun to stabilize, as the latest market report from the Austin Board of REALTORS® shows. But what's the future of the Austin real estate market?  Home sales in Cedar Park increased, the average home prices decreased compared to the previous month. August’s median home price was $584,491. This is almost a $30,000 decrease from July 2021’s number, but a 17% increase from...

Home Buying Myths That Cost You Time and Money

If you’re ready to buy a home, look no further!  It’ll be an exciting time taking such a significant life change. Friends and family will offer their advice, but what worked for them might not work for you and the real estate market now. Here are some common home buying myths you’ll hear that aren’t true and will cost you time and money. Home Buying Myth #1: You need 20% for a down...

home improvement loans, home improvement, loan, loans,

An Introduction to Home Improvement Loans, Part 2

Last blog post, we covered an introduction to home improvement loans, an FHA 203(K) loan, an FHA Title 1 Property Improvement Loan, and the advantages and disadvantages of each one. In this post, we’ll continue the conversation by discussing the four other options: Home Equity Loans (HEL), Home Equity Line of Credit (HELOC), Personal Loans, and Credit Cards.  Types of Home Improvement Loans Home...

4 Tips for Buying a Home This Summer

It’s already a hot Texas summer and summer, and the real estate market doesn’t plan to cool down! According to the National Association of REALTORS®, the median existing-home price jumped up almost 25% compared to last year for an average of $350,300. Home prices are the first challenge; the second is inventory. According to title insurer First American, 115 out of every 10,000 homes were for sale...

Top Agent Insights Report Predictions for Summer 2021

HomeLight released their Top Agent Insights Spring 2021 Report! Homelight polled almost 1,400 from February to March to hear their thoughts about the real estate market. Here are some key trends that are or can influence the summer 2021 housing market.  1. Seller’s market continues to intensify and spread this summer. The market is still hot everywhere, giving sellers the upper hand. In Q1 2021, 97%...

How Texas Taxes Attract New Residents

Besides the almost constant sunshine, Texas appeals to new residents for low taxes. According to a new report, for everyone who left low-tax states in the past eight years, an average of four people moved to those same states.  Nevada, Florida, South Carolina, and Texas are at the top of the low-tax states attracting new residents. Texas ranks as the eighth-lowest rate in the county. Our Lonestar state...

Avoid Homebuyer’s Remorse In a Competitive Market with These Tips

As we know, there’s an inventory shortage of homes, and prices are on the rise. In large part, the pandemic has contributed to this shortage, especially when paired with historically low-interest rates. One survey revealed that 55% of people said they regret taking out a mortgage during the pandemic. But you can avoid homebuyers remorse, even during this competitive market. Before purchasing, learn the...

Austin Is Hottest Real Estate Market This Spring

Hot is no longer the right word to describe the Austin real estate market. Thanks to the little supply and high demand, the market is extreme, overheated, and supercharged. The lack of supply and increase in demand makes it one of the most competitive housing markets in the country. But why and how? Homebuyers have continued to move into the area. A Census Bureau report from March 2020 shows that the...

Why Staging Works When Selling Your Austin-Area Home

If you’re selling or you’re struggling to sell your house, you should try staging! Staging affects the buyers’ view of a home. Actually, according to a National Association of REALTORS®’ study, 40% of buyers agents said staging affected most buyer’s view of the home. And it can transform a house so easily and quickly! Here are some reasons why you should stage and the reasons it works.  1....

Upgrades Homeowners Want Right Now in the Austin Area

The first anniversary is coming up! Anniversary of what, you may ask. The anniversary of people living and working from home thanks to a pandemic, of course. From this one year, real estate agents and home professionals have realized there’s a popular trend in what homeowners seek in a home now. So whether you’re selling your Austin-area home or looking for someone to occupy your property, consider...

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