Nov 27, 2023 | Housing Market Updates, Interest Rates, Market Updates
The COVID-19 pandemic reshaped the housing market in the 78751 area, as with all markets. This is challenging the concept of a ‘normal’ market. This post offers a calculated perspective on what normalcy might look like in a post-pandemic world.Using FHFA data and the House Price Calculator to project future trends, comparing current market prices with calculated ‘normal’ values and forecasting the trajectory for 2024.
Nov 12, 2023 | For Buyers, For Sellers, Housing Market Updates, New Construction
The elimination of parking requirements in Austin marks a substantial shift in urban planning, aiming to foster a less car-dependent city and address housing affordability. While this change offers cost savings and environmental benefits, it also raises concerns about potential parking shortages and the impact on certain groups. As Austin continues to evolve, balancing these diverse needs and perspectives remains a critical task for the city’s policymakers and community.
Nov 5, 2023 | Housing Market Updates, Interest Rates
In today’s real estate market, characterized by persistently high interest rates, many prospective homebuyers are exploring avenues to lower their interest rates without significantly increasing their upfront closing costs. One such avenue that garners attention is the interest rate buydown. Let’s delve into what exactly interest rate buydowns entail, how they function, and the different types available.
Sep 26, 2023 | Rules and Regulations
Living in the vibrant city of Austin, you may have encountered a common misconception – the belief that easements granted by the city in front of your home equate to city-owned property. This misunderstanding often leads to conflicts and misunderstandings, especially...
Apr 20, 2023 | First Time Home Buyers, Rules and Regulations, Time-sensitive
If you believe the market value of your property is incorrect, you have the right to protest that value. But do it as soon as possible to beat the deadlines.
