“Be Fearful when others are Greedy. Be Greedy when others are Fearful”
The above quote from Warren Buffet encapsulates how a financially-savvy person should approach the Austin housing market. But, that’s not what’s happening. Truth of the matter is, people are not buying homes during this time of historically low interest rates (I just refinanced at 4.25%!) in conjunction with some of the lowest Austin housing prices we’ve seen in years.
So, why aren’t people buying homes in Austin, TX?
Many of our clients have asked us – how is the market? As real estate professionals, this question is often the first thing our friends ask at social gatherings. A seemingly innocuous question, but one that can cause many things to happen. If the market is perceived as good for sales, sellers may decide to [...]
Interest Rates at a Historical Low — Now is a good time to buy Take a moment to watch our latest lender update: [display_podcast] It’s great that Interest Rates are low, but what does that mean to me? Did you know that for a $200k home, with 5% for a down payment, with the current [...]
According to the press, it appears that our hometown of Austin, Texas will be the host city for the Formula One United States Grand Prix. What will this do for Austin real estate?
If you will take advantage of FHA financing (loan amounts up to $288,750), waiting will only cost you more money. The cost of FHA financing, due to the national delinquencies, is increasing
Great News for Virgins who held out for their first time. If you haven’t owned a home in the last 3 years, you are still eligible for the $8,000 tax credit. Just approved by the President, the Credit will extend through April 30th to contract on a home. You will have through June 30th to close on it.
Alright virgins, it’s great to wait for just the right house but wait no more. You are running out of time to take advantage of a rare first-time homebuyer opportunity an $8000 tax credit available only to you virgins.
It’s that time of year again – Tax-Assessed Appraisal time. On May 1st, if you are a homeowner, you should receive your property valuation by your county appraisal district. And, according to recent article in the community impact, it is most likely that your tax appraisal has increased. According to the article, home values in [...]
I find it fascinating as we, The GoodLife Team, show houses across the City that they are still overpriced. I think we would all agree that housing prices have declined, yet so many homeowners (and their agents) are still living in a bubble. Their homes are priced too high. Why? Why is it so darn [...]
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Beautiful Hyde Park Bungalow with Spacious, Open Floorplan. Must See!
The quaint stone exterior hides a fabulous updated interior with a custom kitchen and baths. High quality construction and updating have preserved the warm bungalow characteristics you love. You will enjoy the feel of expanded living space
Life is Good in South Austin!
Open floor plan condo that is move-in ready! Perfect location near amenities and just minutes from Downtown. Walk to eateries, public library, and there is a bus stop one block away.
Many of our clients have asked us – how is the market? As real estate professionals, this question is often the first thing our friends ask at social gatherings. A seemingly innocuous question, but one that can cause many things to happen. If the market is perceived as good for sales, sellers may decide to [...]
According to the press, it appears that our hometown of Austin, Texas will be the host city for the Formula One United States Grand Prix. What will this do for Austin real estate?
Great News for Virgins who held out for their first time. If you haven’t owned a home in the last 3 years, you are still eligible for the $8,000 tax credit. Just approved by the President, the Credit will extend through April 30th to contract on a home. You will have through June 30th to close on it.
Alright virgins, it’s great to wait for just the right house but wait no more. You are running out of time to take advantage of a rare first-time homebuyer opportunity an $8000 tax credit available only to you virgins.
On the fence? What would you do if I said that both interest rates and home prices were going to increase tomorrow?
I find it fascinating as we, The GoodLife Team, show houses across the City that they are still overpriced. I think we would all agree that housing prices have declined, yet so many homeowners (and their agents) are still living in a bubble. Their homes are priced too high. Why? Why is it so darn [...]
