buyers

As you’ve probably heard, interest rates are the lowest we have seen in over a year and a half. This has caused the Central Texas real estate market to shift in favor of buyers and gives them more purchasing power. Many sellers see low interest rates as a disadvantage, making them hesitant to list their homes; however, low interest rates can also benefit sellers. Let’s dive in! Benefits For...

If you’re looking into buying a home in the spring market, chances are you’ve heard of a pre-approval letter. Before starting your home search, you should get pre-approved by a lender, who will let you know exactly how much you can spend. To determine your maximum spending ability, lenders examine your finances, credit score, bank statements, W-2s, tax returns, and other financial...

In any real estate market, there are various factors to consider before you list your home for sale. One factor to think about is the number of homes on the market, and luckily for sellers, there have been a limited number of homes available. As we head into the spring market, there is a high demand for homes but a low supply of inventory for buyers to choose from. Let’s explore why low supply...

Preparing your home for showings can be difficult, but if you throw in trying to prepare it for showings during the holidays, it can reach a whole new level of difficulty. Between trying to clean up for house guests, making sure the kitchen and bathrooms are clean, and finding creative places to keep your Christmas gifts so they’re not all over the place, it can be a lot.  Let’s look at a few...

Unsurprisingly, inventory has been at record lows this year, leaving many buyers and sellers unsure of what to do. In order for a real estate market to remain stable, there needs to be an equal balance of supply and demand, which has not been the case. Many are wondering why inventory has been so low, if inventory will improve, and what this means for them going forward. Let’s dive into a few reasons...

While we’re still dealing with the repercussions of the pandemic, low inventory, and increases in inflation and mortgage rates, many buyers have decided to live with their parents and/or grandparents to save money. Regardless if they are first-time or repeat buyers, the current market conditions have them making this decision to not only help themselves but also help take care of their older family...

While it’s still a seller’s market with low inventory across the board, we’re starting to see the market stabilize. It’s an excellent time for sellers to list their homes, but buyers have more purchasing power than ever before, and it’s important to understand how that can help you in the current market. Let’s dive into purchasing power and how to use it to your advantage. What Is...

If you’ve been on the fence about purchasing a home due to high home prices and interest rates, economists agree there will never be a cheaper time to buy than right now. According to the Federal Housing Finance Agency, between the first quarters of 2022 and 2023, home prices rose in 43 states, and they won’t be taking a dip anytime soon. Let’s dive into a few reasons why now is the time to make...

Whether you’re looking at homes online or you’re thinking about listing your home, square footage is important. Square footage not only lets you know how big the home is, but it’s also a huge indicator of the home's value.  Let’s look at why square footage matters for buyers and sellers and what rooms and spaces should and should not be included. For Sellers Typically, buyers want a...