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How Do You Find a Home in Your Dream Neighborhood?

If you want to move into a neighborhood you can’t afford, there are three steps to accomplish this goal.

Selling in the Austin area? Get a market analysis report
Purchasing in the Austin area? Get full MLS access

Recently, we asked our viewers to send us questions they had about the Austin market. Today we’re answering Fran, who asked, “If you like an area and can’t afford to buy in it right now, how can you get into the neighborhood and what can you do to buy a home there?”

Great question, Fran. There are three steps to accomplishing this:

1. Call me and meet our team. I would love the opportunity to introduce you to our preferred lending partner and give you a chance to counsel with him so you can understand what your buying power is. You never know—you might be able to afford more than you think you can.

2. Come and counsel with me. Let’s talk about what you’re interested in and what’s drawing you to that area. What is it about the homes and the community that you like so much? This will help you understand what kind of community you’re looking for.  

"Call me and counsel with me."

3. Be open as a buyer to more areas. As they say, there are plenty of fish in the sea. You might not be able to afford to live in the neighborhood you want, but odds are there is another neighborhood just like it somewhere in Austin that’s more affordable. If you try a different neighborhood, you always have the opportunity to build up your equity in another house so that sometime in the future, we can move you into your dream neighborhood.

If you have any questions or are interested in buying, selling, or investing in real estate, let us be your resource. We would love to work with you and help you accomplish your goals! 

Why Sell a House in the Fall?

Selling in the fall and winter months is actually a great idea. There are three main reasons why that I wanted to share with you today.

Selling in the Austin area? Get a market analysis report
Purchasing in the Austin area? Get full MLS access

The winter months are actually a great time to sell your home. In fact, there are a few distinct advantages to selling now over the spring and summer months, which many people think are the best times to sell.

For starters, competition is lower. When you put your home on the market, it will be measured against everything that's also on the market at that time. During the winter, you have less competition, which gives you the ability to make your home stand out even more.

You also have the interest rates factor. We don't have a crystal ball to predict the future of these rates, but we have been told that they will be going up soon. They will likely even go up before the end of the year. Higher interest rates shrink the pool of buyers who can afford your home, so list now while the pool is big.

"Your home is in position to stand out more than ever."

In the fall and winter, every indication in real estate history shows that you'll deal with more serious buyers. Buyers who are out searching in the colder, darker months of fall and winter are the ones who are serious about getting into their new house and getting their children settled in before the end of the year. You have fewer looky-loos than you do in the spring.

If you have any more questions about selling during this time or you or someone you know is interested in selling a house this season, reach out to me! Give me a call or send me an email. I'd love to work with you!