Real Estate Blog - real estate market

4 Proven Strategies For Selling Your Home Quickly In A Competitive Market

Selling a home can be stressful in any real estate market, but with the right strategies, you can attract buyers and secure a sale faster than you might think. Whether your home is already on the market or you’re getting ready to list it, here are some proven secrets to help you sell your Central Texas property quickly (and hopefully for top dollar!)

Professional Photography

Professional photography is crucial in today’s digital age because high-quality images create a strong first impression and draw more buyers to your property. Most buyers start their search online, and stunning images can make your home stand out from the competition, driving more clicks and showings on the property. The more engagement you can get from your property online,…

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How Low Interest Rates Can Affect Your Purchasing Power

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.

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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The Disastrous Downfalls Of Overpricing Your Home

Regardless of whether the real estate market favors sellers or buyers, sellers are always looking for an upper hand, leading many to list their homes for a higher price. While higher list prices potentially mean more money at closing, it can lead to many downfalls if the home doesn’t sell.

Let’s dive into 4 disastrous downfalls if you overprice your home.

Price Reductions

Due to low inventory and buyer demand, when a new listing hits the market, showings roll in immediately, as long as it's priced right. So, if you’re not getting a lot of showings, you can assume your home is overpriced, meaning you’ll want to reduce the list price. Price reductions leave buyers wondering what is wrong with the home that the price dropped, and if you keep…

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3 Reasons Why Now Is The Time To Purchase A Home

Over the past few months, we have been in a strong seller’s market with many buyers waiting for the perfect home with the most perfect terms. The truth is, there might not ever be a perfect time to buy a home, but with affordability improving nationwide, now seems to be a prime opportunity to get off the sidelines!

If you’ve been waiting to buy, here are 3 reasons why now is the best time to purchase a home! Let’s dive in!

Mortgage Rates Are Decreasing

Mortgage rates have always been a huge factor when it comes to buying a home, and it's been an extremely popular topic over the past few years. During the pandemic, we saw record-low rates that many homebuyers were hoping to see again, which is why many were holding off on buying. However,…

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Why Location Is Still Important In Today’s Real Estate Market

At the height of COVID, remote work became more popular among employers, and many employees still work from home. While working from home means you don’t need to be near your workplace or worry about your commute, it leads people to wonder if the location of a home is still as important as it once was to homebuyers. 

Let’s dive into the importance of location and why it’s still a top priority in today’s market.

Amenities

Even if you work from home and don’t need to worry about proximity to your workplace or a commute, other amenities might be important for you to live by. If you have children, you probably want to be near their daycare so you can get them to and from daycare as quickly as possible. In addition, it might be important to…

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Understanding "Buying Down" Interest Rates: A Key Strategy For Achieving Your Financial Goals

When it comes to purchasing a home, securing a favorable interest rate is a critical component of your financial planning. One effective strategy that can help you achieve the lowest possible interest rate is "buying down" the interest rate on your loan. In this blog, we’ll examine what an interest rate “buy down” is, how it works, and how it can help you achieve your financial goals.

What is "Buying Down" an Interest Rate?

"Buying down" an interest rate, also known as a mortgage rate buydown, involves paying an upfront fee to reduce the interest rate on your mortgage. This fee is commonly referred to as "discount points." Each point typically costs 1% of the total loan amount and can lower your interest rate by a fixed amount, often 0.25%. For…

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How To Reduce Your Home's Power Bill During The Hot Summer Months

Summer in Texas is upon us, and with it comes the inevitable rise in energy consumption as we try to keep our homes cool. While air conditioning offers relief from the sweltering heat, it can also lead to a significant increase in your power bill. The good news is that there are numerous strategies you can employ to reduce your home's energy consumption and keep those costs in check. Let’s dive into our favorite ways to help you slash your summer power bill without sacrificing comfort.

Optimize Your Air Conditioning Use

Set Your Thermostat Wisely

One of the simplest ways to save on your energy bill is by setting your thermostat to a higher temperature when you're not home. The U.S. Department of Energy recommends setting your thermostat to…

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4 Reasons You Should Sell Your Home This Summer

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.

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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