Is this the perfect time to buy an Austin home or move-up?
- Rates are the lowest they have been (in my lifetime)
- Rates may shoot up in 2011 due to inflation
- Real estate is a great way to protect you assets from inflation
- Many homes on the high end are selling for 30%-40% discount
- Home prices on the low end are being propped up by the government tax incentive.
- The government is giving (almost) everyone money to buy a home.
It seems like a buyers dream, really. Especially for move-up buyers.
Owning a single family Austin Home can be a great investment. The current economic situation and problems with the mortgage markets, has resulted in the perfect storm and provided a perfect time to buy for both first time home buyers and move-up buyers. Qualified buyers can take advantage of lower housing prices and falling interest rates to snag some really good deals.
For the first time in a long time, the Austin real estate market has switched form a sellers market to a buyers market and there is the great selection of homes to choose from. There are many houses on the market, in all areas of Austin and in all price ranges so is relatively easy to find a good deal on the perfect home. The best time to buy real estate is when people want to sell. Warren Buffet once said “Be Fearful When Others Are Greedy And Greedy When Others Are Fearful”. This has never been truer than it is today. As an Austin Home Buyer, your housing dollars go much further and the power to negotiate is in your hands.
Walter Rock is an Austin Texas Real Estate Agent representing both buyers and sellers in North and West Austin and the surrounding communities of Round Rock, Georgetown, Cedar Park, Leander, Lakeway and more. Walt and the ROCK Properties team also represents buyers purchasing new homes in Austin like DR Horton, Centex, Wilshire, Drees, Meritage, and Ryland. We offer full service real estate brokerage services to discerning clients who expect only the very best knowledgeable and honest service from their Austin, Texas Real Estate Agent.