Is now a good time to buy a home in Austin, Texas?

Buying a house is a big step. The right time to take this leap depends on your financial and personal situation as well as your goals. If you are considering buying a house now, here are some strong reasons why the timing could be right:

• Housing prices in Texas have been steadily rising at a moderate pace for many years, even while other states have experienced wild price fluctuations.
• There are Texas-specific programs that can lower your interest rate or provide additional tax-credit incentives.
• Interest rates are at or near record lows. Even small reductions in the interest rate can significantly boost the purchase price you can afford when buying a home.
• Texas has one of the most affordable housing markets compared to household income, according to the Real Estate Center at Texas A&M University.
• Our state’s economy is strong and diverse, and the population is expected to continue growing steadily. These factors all point to continued health in the housing market.

As a Texas REALTOR®, I can show you how our current housing market conditions factor in to your goal of buying a home. You can count on me to put your interests first while I assist you during this exciting process.

For more information about Texas REALTORS® or buying or selling a home in Texas, visit TexasRealEstate.com.