My thought is, it's better to buy a house in Austin TX NOW, even with higher interest rates, than it was in 2021. I lay the thought process out easily, so dive into the fast-evolving real estate market in Austin TX with us as we compare house buying conditions in 2021 and 2023. Learn how factors such as market prices, mortgage rates, and local development have changed over these two years. Whether you're a first-time homebuyer or an experienced investor, this video is designed to provide you with comprehensive insights on buying a house in Austin.
Our specialty is Austin, Dripping Springs and the rest of Central Texas and the hill country and helping people who are moving here from out of the area. We would love show you what type of options you have here in Texas! We can help you find the home of your dreams and get you into the Dripping Springs Texas neighborhood you’re dreaming of, including anywhere in the Austin Texas area. Just call, text, email, or Zoom call us – we’d love to help you make a smooth move to Austin Texas.
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**All stats, data, house pricing, and anything else mentioned is always subject to change and is provided merely as an example at the time of this recording
0:00 Intro
00:33 better time to buy due to lower interest rate
01:27 cost of buying a house in 2021 compare 2023
03:54 buyers had to guarantee covering any appraisal gap
06:43 buying house during bidding wars
09:44 Why buying real estate in 2023 could be a good idea?
12:30 Mortgage Rates
14:37 Is 2023 a good time to buy a home?
====== Chris Pesek Dripping Springs Texas Real Estate Agent and Broker Associate | Texas Real Estate License: 614159
Brokered by Pesek Properties
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