Is Now the Time to Buy?
After increasing sale prices for the bulk of 2021, the cost of single-family homes in the Austin metro has slowed from July. What does this all mean? Is now the best time to buy? All signs point to yes.
Austin home prices are leveling off, new home builders finally have homes to sell and resale homes are sitting on the market for at least a few more days on average — there are more opportunities for buyers. We are finally seeing some relief in what was an intense seller’s market. Additionally, the U.S. weekly mortgage rate is averaging at 2.88% 30-Yr FRM (see chart below). Lower mortgage rates help make homes more affordable. If you have been waiting to purchase a new home, now is a great time to buy!
*September 2021 to date
Looking for the right home? Buy Now!
The Laurie Flood Team has helped hundreds of clients find their perfect home. What sets the Laurie Flood Team buying experience apart? When you buy with the Laurie Flood Team, you get an experienced, full-time Realtor who works EXCLUSIVELY with buyers.
Most Realtors juggle sellers, listings for sale, buyers, marketing, sales and the day-to-day business of running their real estate practice.
Laurie Flood Team buyer agents spend every minute of their working day assisting buyers. Period. They view more properties, negotiate more buyer contracts, work with more builders, and have more neighborhood expertise than any typical agent ever could. Combine that with the over 70 years combined licensed real estate experience and you can feel confident you’re getting the best service and advice.
Whether you’re a first-time, experienced, relocating, investor, new home, resale, or luxury home buyer, the Laurie Flood Team has EXTENSIVE experience in all buying situations and would love to help you find your perfect home.