Austin Texas Real Estate Blog

Should you Have an Open House?

Technology has changed the real estate industry tremendously over the years. With the majority of people doing their search from the comfort of home, you may ask yourself if holding an open house is worth it.

 

While having an aggressive online strategy and stunning photos are important, there are still some huge advantages to this old-school method. Let’s start by answering some common questions.

Will an Open House Sell my Home?

 It’s unlikely for an open house alone to sell a home. People don’t just walk into a house with a briefcase full of cash and close on the spot. However, coupled with the rest of a solid marketing plan, they can be extremely...

2022 Mortgage Rate Predictions

An increase in mortgage rates and rising housing costs are important things to look at when determining when to buy a home. Some recent forecasts of mortgage rates in 2022 show an increase from the lows we are currently at. These were estimated by researchers within Freddie Mac as well as the Mortgage Bankers Association.

2022 Mortgage Rate Forcast

In July of 2021, the economic research team from Freddie Mac predicted mortgage rates in the U.S. would gradually rise through the end of this year and into 2022.

At the time of this prediction, rates were hovering around 2.8%. Their forecast is estimating a slow rise for 30-year fixed home loans to around 3.8% by the end of 2022. This rise may seem insigificant to some, but if you run the numbers it makes a big difference in what you'll end up paying in interest.

While this...

What's the Best way To Find a Home?

Use the Resources Available

There are many apps and websites nowadays that make finding a home very easy. All you have to do is search within a certain area and you can get homes for sale nearby with information on the property such as price and more. The app we prefer and trust is the KW app. The KW app provides listings across the United States straight from the local MLS. If you're interested you can download the app here

Work with a Trusted Agent

While apps and websites can be very helpful, a local realtor can be an incredible resource when it comes to your search. Realtors are experts in the area and processes involved with purchasing real estate. They will be able to guide you smoothly through the process and get you into...