How To Buy Your First Austin Home In An Expensive Market
Posted by Mary Ann Castro on
It's no secret that the real estate market is skyrocketing. Austinites are looking at a market that’s growing across the board. From the median house price to the inventory, the increases have been staggering year after year. Our city has become a permanent home to many new residents, and for those who want to put down roots, this can mean buying their very first home with a few more challenges than normal.
On top of learning about the real estate investment process and making the biggest purchase of their lives, first-time buyers now need to be savvy enough to compete in one of the nation’s hottest markets. How do you buy a home for the first time in a market that’s constantly growing in price? Read up, get a helping hand, and stick to your guns.
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2015 marks a record year for the Austin real estate market, according the latest reports released from the Austin Board of Realtors. The year-end report confirmed what industry professionals were experiencing day to day: an increase in demand and a climbing market that’s a direct result of a robust economy.
It was an exciting year to be a part of Austin's flourishing real estate market. In one year, there were increases in the median price, housing inventory, and the total number of units sold over the previous year. These impressive trends show no sign of slowing down as we kick-off 2016.
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As we enter a brand new year, it comes as little surprise that Austin area rents are expected to continue to rise throughout 2016.
Welcome to the New Year! Filling out forms probably wasn't part of your New Years resolutions, but the time has come to file your Homestead Exemption forms.
The start of a new year is the perfect time to start fresh and make plans for the months above. Whether you're looking to sell, or simply want to maintain your home to its best potential, you'll want to check out our 6 real estate resolutions for 2016!