Central Texas Real Estate Blog
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In our current real estate market, many buyers are asking for "seller concessions" which is a credit from the seller to the buyer that can be used for closing costs, to buy their mortgage interest rate down to a lower percentage, for repairs/updates outside of closing, or…
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Most of Central Texas is currently experiencing a BUYERS MARKET in residential real estate! Good news for BUYERS!
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Did you know that there are ways to set up "gift registries" for a down payment or closing costs on a home? Crowd-sourcing can be a good way to boost your savings and make a long-term investment in your future with real estate.
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Rates are back up approximately 50% of where they were, and I predict we won't see SIGNIFICANT movement in interest rates for a few years, based on the overall history of mortgage rates and trends. It was a good run, but the days of 3% mortgages are over.