The most recent market stats from the Austin Board of Realtors® show a 6.6% decrease in median home price, with monthly inventory hitting nearly six months of inventory. While these stats indicate a more balanced real estate market for the Austin area, they also show some affordability challenges for buyers. If you want your home to sell, you need to make sure it’s priced right to attract...
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...
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