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Blink...and it's Summer in Austin.
In Austin we enjoyed a beautiful Spring but then over one weekend...Summer was ushered in. We're already on the cusp of 100-degree temperatures and city-folk are swarming to lakes and watering holes to cool off in a fun way.
In the Austin real estate market, Spring played host to buyers scrambling for new homes before the end of the $8,000 home buyer credit. Things slowed after April 31st but picked up again with buyers now looking to buy and move before the end of the Summer and beginning of the school year.
On the mortgage front I've been hearing competing stories. I've read that the Fed's are going to raise rates and end the house-buying-boosting (you heard me) rates we've been enjoying. Then Bloomberg came out with this article at the end of May. Time will tell...
To know Austin is to love it, and to love it and be renting, is silly (biased...I know) if you think you're going to stick around a while. Unlike most purchases, buying a home is buying something that will appreciate in value over time. Statistically, Austin homes have doubled in value in just under 10 years time.
I'd like to be your Austin real estate agent. Get in touch to meet, discuss the possibilities, and see if it seems a good time in your life to make the move.
Own a piece of Austin. Let me help it happen.
For more information: 512-431-0716 or e-mail (Jen@ATownDigs.com)
~Jennifer
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