Found 2 blog entries tagged as competition.

As you’ve probably heard, interest rates are the lowest they’ve been in over a year and a half. This means more buyers are coming off the sidelines and starting their homebuying search. More buyers mean more homebuyer demand, bringing more sellers into the market looking to sell their homes for top dollar.

How Low Interest Rates Can Affect Your Purchasing Power - Shane T White - Shane T White Team - Texas Real Estate


Interest rates are a huge economic factor that affects the market's direction and where it’s going. Low interest rates can help increase your purchasing power and ability to navigate the market. Let’s dive into the importance of low interest rates below! 


Increased Borrowing

When interest rates decrease, the cost of borrowing money decreases, directly affecting how much buyers can afford. Even the slightest decrease in interest rates…

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Although it might seem like we just got to the spring season, a new season will be here before we know it! The Austin Board of REALTORS® just released the latest market stats for April, and if these numbers continue to increase, summer might be the best season to sell your home this year.

Let’s dive into four reasons you should consider listing your home this summer.


4 Reasons You Should Sell Your Home This Summer, Shane White, Real Estate, Texas Real Estate

Low Inventory

The Austin Board of REALTORS® shows a 3.4-month supply of inventory for Williamson County. While this is a 0.8-month increase from last April, it’s still well below the 6-month inventory needed for a balanced real estate market.

Low inventory means there’s less competition for sellers, a higher possibility for multiple offers, and higher sales prices. 

High…

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