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...
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With mortgage rates declining and home inventory rising, affordability is becoming a little easier for first-time homebuyers. These changes to the market are allowing buyers to come off the sidelines and start looking for homes. Before you get into the thick of the real estate market, find your dream home, and sign on the dotted line, consider these 4 essential tips. Get Your Finances In...
In today’s real estate market, determining the right list price for your home is crucial. If you price your home too high, it could sit on the market for a while and become more difficult to sell. It’s important to understand the different factors that can affect your home value to ensure your home is priced correctly before putting it on the market. Location The location of a home is huge when...
Heading into 2023, you’re probably wondering whether it makes more sense to rent or buy. Many buyers held off last year due to the rise in interest rates and limited inventory, but you might be in a position now where you have to decide. Let’s take a look at a few factors to consider. Cost You usually pay for your monthly rent and utilities when renting a home. Other potential rental costs...