Sep 18, 2024 | First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates
In a bold move, the Federal Reserve just cut interest rates by 50 basis points (0.5%), marking the first time in four years that such a significant reduction has occurred. For those in the real estate market, this could be the perfect moment to make a move. Historically, interest rate cuts like this often lead to lower mortgage rates, which directly impacts your borrowing power and the overall cost of your home. Let’s break down why this matters and why now might be the best time to buy a home or invest in real estate.
Sep 9, 2024 | Housing Market Updates
The Austin market is shifting! Home sales dropped by 10.3%, while active listings increased by 13.1%, offering more choices for buyers. Mortgage rates are high but could decrease with upcoming Federal Reserve cuts, giving buyers a potential edge. Sellers, however, face longer sales timelines and more competition. Learn more about Austin’s latest market trends!
Aug 21, 2024 | Housing Market Updates
Home appraisals play a critical role in real estate transactions, determining the value of a property for buyers, sellers, and lenders. Yet, for many, the appraisal process remains confusing—filled with regulatory complexities, challenges, and shifting industry standards. Whether you’re selling, buying, or refinancing, understanding appraisals is key to ensuring a smooth and informed transaction.
Aug 14, 2024 | Housing Market Updates
When considering home improvements, outdoor enhancements often come to mind. From adding a pool to creating a lush garden or building an outdoor kitchen, these improvements not only enhance the livability of your space but can also boost your home’s value. But how do these outdoor upgrades impact the value of homes in Austin, and what are the broader trends across the real estate market?
Aug 7, 2024 | Housing Market Updates
At Adam Timothy Group, we utilize ShowingTime to help manage the showing process for our clients. It is one of the many ways we add value by making selling or leasing as easy to manage as possible. By integrating ShowingTime into our operations, we ensure that our clients benefit from a seamless, efficient, and transparent showing process. Our commitment to leveraging the best tools available reflects our dedication to providing exceptional service and achieving successful outcomes for our clients.
Jul 28, 2024 | Housing Market Updates
As part of Austin’s long-term vision to enhance mobility and create more walkable urban spaces, significant improvements are underway on Airport Boulevard in East Austin. These changes are designed to transform the area into a safer, more accessible, and vibrant corridor for residents, businesses, and visitors alike. With a focus on creating sustainable, pedestrian-friendly environments, these upgrades reflect Austin’s commitment to forward-thinking urban development.
