Buy Sell ATX

08/13/2021

Sold! Under contract in 4 days and we sold for $27,500 over list. So happy for my clients and friends to start their new ventures as investors 😀

07/30/2021

Welcome to Rianna Woods! A beautiful 5.0 acres to relish the charms of country living. As you come up to the property, the driveway leads you to a Cavco home built in 2010. The house is 1,792 sq ft (per tax records), 3 bed, 2 bath, 2 spacious living rooms with vaulted ceilings. The master bedroom is a large size with a generous walk-in closet, walk-in shower, and a double vanity.

The owners replaced the roof in April 2020 and it comes with a transferable warranty. All appliances inside the property convey with the sale. The front deck is freshly stained and will bring years of enjoyment as you watch the sun set over the western Texas sky. Don't delay, this is the countryside retreat you've been waiting for!

Open House:
Friday July 30th to Sunday August 1st
12:00pm - 4:00pm (each day)

Agents, text if you would like to show outside of Open House hours. Thanks!

07/16/2021

Mortgage lenders want to see low DTI ratios before issuing loans to a potential borrower. The preference for low DTI ratios is to make sure a borrower doesn’t have too many debt payments relative to their income. Although important, the DTI ratio is only one financial metric used by a lender when making a decision to provide a mortgage loan. Your credit history and credit score will also be an important factor for loan approval.   
  

05/24/2021

What would you call this color? ... green? (Pantone color 570 C) 
 

11/21/2020

How will Prop A impact Austin's real estate market? In short: Increased property values, traffic improvement, and an elevated global status. Read the full article.

Not only does Prop A have several implications from a real estate perspective, but it will shift the national perspective of Austin in several ways, says Ari Rastegar, founder and CEO of Rastegar Property Company.

11/07/2020

Joe Biden has proposed a first-time homebuyer (or “down payment”) tax credit of up to $15,000. The new "First Down Payment Tax Credit" will help families offset the costs of homebuying and help millions of families prepare for the journey of homeownership.

This tax credit will be permanent and advanceable (a huge deal) meaning that homebuyers receive the tax credit immediately when they make the purchase instead of waiting until tax time the following year. A tax credit to help homeowners with the down payment is a significant improvement over today’s primary subsidy for homeowners—the mortgage interest deduction.

To find out how to save even more on top of the $15,000 tax credit connect with me through a comment, message or email.

Full article here:
https://tpc.io/2IOqaG0

09/18/2020

Earlier this week the Federal Reserve announced that interest rates are projected to stay near 0% for an extended period, possibly until the end of 2023. Their goal is to provide support until "labor market conditions return to the maximum employment and inflation has risen to 2% and is on track to moderately exceed 2% for some time.”

The second half of their statement is very telling. Fed parlance translated, it means they will tolerate higher inflation (prices going up) for an unknown duration. What does this mean for the housing market?

Generally low interest rates will push housing prices higher. Couple that with fewer homes for sale on the market and building material delays for new construction -- we can really see an accelerated increase in the prices of homes.

The graph shown is from FRED's research, which charts quarterly housing prices for Austin-Round Rock-Georgetown MSA from 2000 - (Q1) 2020. Areas highlighted in red are periods of recession and we can see that during the past two recessions, Austin's housing prices stayed relatively stable.

However, at the far right you can see there's a sharp increase in home prices during the first 3 months of 2020, which again is a combination of less homes available for sale, supply chain disruption, and low interest rates.

On recent buy side transactions in entry and middle level homes, we've been in multiple offer situations with sales closing above asking price. This kind of activity is completely unheard of during a recession!

So what's the take away from all of this?

Housing demand in Austin will remain strong as companies and families continue to relocate here. The adoption of "work from home" policies is also increasing desire for more space, and people are making the leap into homeownership if they can afford to. High demand, low inventory, and low interest rates will result in home prices going up.

If you've been considering homeownership, don't get discouraged by increasing prices. As a dual licensed Mortgage Loan Officer and Real Estate agent, I can provide a seamless home buying experience AND save you money on your purchase. Reach out to me and let me show you how I can help.

08/13/2020

Thanks for allowing me to help you guys! Congratulations 🎉

05/11/2018

OPEN HOUSE THIS WEEKEND!!

6507 Pittsford Ct. Sugar Land TX 77479
Saturday, May 12th 1-3pm
Sunday. May 13th 1-3pm

This amazing one story patio home is located on an oversized corner cul de sac lot and zoned to the highly rated and sought after Clements H. S. Open split floor plan with large tile and white oak wood floors in master br and study. Kitchen has beautiful cabinetry, granite countertops, stainless steel appliances and breakfast bar. Study room with French doors, corner fireplace in the family room, covered patio, sprinkler system and much more. Oversized back yard provides plenty of space to entertain friends and family or escape into your own private oasis. Front yard maintenance is included with HOA. You will only be a couple of minutes away from the tremendous development that's going on along University Blvd. Come and see why this should be your new home!

Follow the link below to view pictures and share!!
https://www.har.com/6507-pittsford-court/sale_75221716