Real Estate

Renting Vs. Buying In Today’s Housing Market - Sage Wilson Property Group

Renting Vs. Buying In Today’s Housing Market

There’s no denying that Austin is in a red-hot housing market right now. The question on everyone’s mind as rent and home prices continue to rise is: should I rent or buy? Here are some key things to consider as you proceed with this decision. Down Payments One of the biggest arguments we hear from people wanting to buy is that they just can’t find the money for a down payment. Down payments...

2 Simple Rules for Finding Your Dream Home Virtually - Sage Wilson Property Group-Austin Real Estate-Ausin Realtor

2 Simple Rules for Finding Your Dream Home Virtually

Buying a home virtually is the new standard, thanks to the pandemic. Virtual and video tours replaced open houses, and buyers bought homes without viewing them in person. Here are two crucial tips to find your dream home virtually this year.  Tip #1 to Finding Your Dream Home Virtually: Be Open-Minded Be realistic about your expectations for your future dream home and how it appears on a...

A Guide to Late Fees for Landlords - Sage Wilson Property Group-Austin Real Estate-Austin Realtor

A Guide to Late Fees for Landlords

As a landlord and investor, you rely on your tenants to consistently pay you on time. It’s how you pay the bills, maintenance, repairs, etc. Creating a rule to implement late fees can be confusing regarding finer details like when the charge should take effect, how much to charge, and how long the grace period is. Keep reading because we’re going to answer those questions!  What Are Late...

How to Win with Multiple Offers-Sage Wilson Property Group-Austin Real Estate

How to Win with Multiple Offers

It's no secret that the Austin real estate market is more competitive than ever!  If you’re in the market right now, you’ll need a few strategies to rise to the top of the pack when there are multiple offers.  In a regular market, multiple offers sometimes happen, but in this market - it’s safe to call them all-out bidding wars!  A bidding war occurs when potential buyers compete...

5 Myths that Cost New Homeowners Time and Money - Sage Wilson Property Group-Austin Real Estate-Ausin Realtor

5 Myths that Cost New Homeowners Time and Money

You’re a new homeowner now. Congratulations! It’s not always the easiest or cheapest path, but owning property is exciting! To save yourself time and money, don’t believe these five myths new homeowners receive:  1. Worry about maintenance later. Wrong! Your home budget should include a maintenance and repair fund. A majority of homes will require a little work before becoming move-in ready....

How To Save for a Down Payment as a Renter - Sage Wilson Property Group-Austin Real Estate-Ausin Realtor

How To Save for a Down Payment as a Renter

If buying a home is one of your goals this year, we’ll tell you how to go from renter to homeowner. We’ll cover the factors you should consider before saving for a down payment and buying a home.  Factor #1: How Much to Save for a Down Payment? To buy a home and receive favorable financing, it’s best to put down a 20% down payment on the house you purchase. It helps reduce your loan...

real estate trends, trends in real estate

5 Real Estate Trends in February

The real estate market is changing as it adjusts to high demand with low levels of inventory. Here are the five real estate trends to expect this February. Hint: it’s not a slow season!  Real Estate Trend #1. Decrease in housing affordability Mortgage rates are rising again and quicker than expected. According to Freddie Mac, 30-year mortgage rates are now at 3.56%, up from 3% just a few...

What Is a Bidding War and What to Do When Caught in One - Sage Wilson Property Group-Austin Real Estate-Ausin Realtor

What Is a Bidding War and What to Do When Caught in One

Bidding wars greatly influenced home prices last year. They typically happen when there’s a lack of inventory because multiple buyers want the same property, so they compete against each other by making more attractive bids, which drives up home prices. Bidding wars have continued throughout the pandemic and are predicted to continue in a post-pandemic market in 2022. Home prices are slowly coming down,...

Real Estate Records Broken in 2021

We all know the pandemic has been described as an “unprecedented time,” but it also defined the real estate market last year. COVID’s impact wasn’t just on the economy or the health of Americans. It changed the real estate market too. Here are some of the real estate records broken in 2021. 30-year mortgage rate One real estate record that hasn't been broken since 2021 was the average rate...

Barton Creek Sage Wilson Property Group Erik Wilson Austin TX Homes Central Texas Homes Investors in Austin

Austin Neighborhood Spotlight: Barton Creek

Barton Creek is 5.4 square miles, an easy commute to downtown, and holds the honor of being one of Austin’s largest and oldest neighborhoods.  This quiet and safe neighborhood features luxury homes with various architectural styles dating back to the beginning of the 20th Century. With multiple dining and nightlife options along the borders of this neighborhood, there is plenty to see and do! ...

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