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Is it the right time to buy in Austin?
October 10th, 2008 9:22 AM

Everyone is asking this question now with the markets in flux.  Well, despite all of the national headlines, property values in The Austin and Central Texas market - continue to gain in value (though sales have slowed).  Click here for the full article

Plus, a third party entity called The PMI Group has recently ranked the four major Texas cities as the "least likely to decline in value in the coming year" with less than 1% chance of decline.  Click here for the full article

That being said, there are deals out there to be made - everyday, I get emails with price reductions from homes that were overpriced.  Plus, the interest rates are low, the 30-year FHA rate dropped below 6% last week.  If you are a first time home buyer - all the signs suggest it is a buyer's market today and would be a good time to purchase your first home! 

Darcie

512.944.0485 (direct)


Posted by Darcie Shannon on October 10th, 2008 9:22 AMPost a Comment (1)

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Darcie - great article! Thanks for all the fantastic advice - we really count on you as our real estate expert. I subscribed to your blog - looking forward to seeing future postings! -andi

Posted by Andi Vopalensky Morales on October 22nd, 2008 4:40 PM
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