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More Reasons Why This Spring Is the Best Time to Sell Your Home

by Rebecca Shahan

Do you plan to sell your home this Spring in Austin or Lake Travis?  Typically, Spring is the best  time of year to sell a home. But this year it’s promising to be an even better time to sell.  There are factors happening in the Austin real estate scene that make this the case.  Here are the top 4 reasons why selling your home this Spring is such a great idea.

  1. Strong Demand

The National Association of Realtors Buyer Traffic Report indicates that buyer traffic is strong in Texas. Home buyers are ready to go and are buying homes right now.This means more competition to buy your home and possible more money in your pocket.

  1. Less Competition

Home inventory has been dropping for around the past 32 months. This is a good thing if you’ve been building equity in your home. But don’t count on this being the case for long. The average number of years that homeowners stayed in their homes has been around 9-10 years since 2011.This was due to the previous negative equity that kept many homeowners from selling.As values rise, more people will sell.So don’t wait too long or you could end up getting less for your home.

  1. The Process Will Be Quicker

The competition for buyers is real, and that means more buyers will be ready in advance to buy your home, including being pre-approved.Buyers are more likely to know what they want and how much they can spend, which really speeds up the process for everyone.

  1. Time to Move Up

Are you planning on moving into a better home?The good news is that higher priced homes are actually selling for less due to a higher inventory in the higher price ranges. So if you’re selling a starter home, your home will sell more quickly and you’ll be more likely to find a premium home.

The best time to sell your home in Austin and Lake Travis is now.  Rebecca Shahan has been helping people buy their homes in Lake Travis and Austin for years. She can help you make the right choice in a home if you do decide it's time to move. Call today at 512-657-4467. Or search for a home online with our convenient home search tool.

Spring is a Great Time to Buy a Home in Lake Travis

by Rebecca Shahan

Reasons to buy a homenow in Austin and Lake travisAre you thinking about whether Spring is the right time to buy a new home in Lake Travis, Austin, or the surrounding areas? If so, here's some great reasons why now is a good time to buy a home instead of waiting.

Prices Will Continue to Rise

According to CoreLogic’s latest Home Price Index reports, home prices have continued to increase by 6.6% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.3% over the next year.

The bottom in home prices in Austin has come to pass. Home values will continue to appreciate for years. Waiting to buy a home in Texas just doesn't make sense.

Mortgage Interest Rates Are Projected to Increase

Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage hovered close to 4.0% in 2017. And according to experts, that rate will continue to rise. The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors all agree that rates will increase by nearly a full percentage point by this time next year.

Higher mortgage rates means higher mortgage payments. You likely want to avoid that from happening.

Either Way, You Are Paying a Mortgage

Many renters are afraid to take on a mortgage. The thing to remember is that you are paying a mortgage when you rent, it's just someone else's.  

Having a mortgage payment is a form of ‘forced savings’ that allows you to have equity in your home that you can tap into later in life. when you rent, it's your landlord is the person with that equity.

It’s Time to Move on with Your Life

There are two things that determine the cost of a home: the price of the home and the current mortgage rate. Both of those factors are rising. Would you still wait if they weren't?

Examine the real reasons you want to wait. Are you doing fine where you are living now?  Or do you need to have a better place for your children? Maybe safety is a concern.  Maybe now is the right time to buy.

Rebecca Shahan has been helping people buy their homes in Lake Travis and Austin for years. She can help you make the right choice in a home if you do decide it's time to move. Call today at 512-657-4467. Or search for a home online with our convenient home search tool.

Top Restaurants in the Austin Area

by Rebecca Shahan

There are many great reasons to buy a home in Austin Texas and the surrounding communities, such as Lakeway, Costa Bella, Flint Rock, Spanish Oaks, Lake Pointe, Falconhead, The Hills, Arbolago, and Vineyard Bay.  Austin is one of the best cities in America to live.  And one of those reasons is the amazing food!  Every year, TripAdvisor.com comes out with their list of top restaurants in Austin.  Out of over 3000 places to eat in Austin, here are the top 3.

#1. Truluck's Seafood - Austin Downtown

Truluck’s is certainly a fine dining experience, featuring fresh seafood and prime steak, along with wine by the bottle or glass. The prices may be higher than average, but so is the food, service, and atmosphere. The full service bar is noted for its happy hour and piano bar.

#2. Eddie V's Prime Seafood

According to Eddie, “Man cannot live by music, wine, and fine dining alone. But it’s worth exploring.”  And you’ll certainly explore some of the best food and drink in Austin at Eddies. Reviewers comment on the comfortable elegance and the amazing service, not to mention the delicious food and drinks, and of course happy hour.

#3. Uchi

Hands down the best Japanese cuisine in Austin.  Featuring a daily menu, Uchi serves up Japanese dishes such as kinkan kanpachi (amberjack, kumquat, negi), and wagyu no daikon (ribeye, daikon, curry). All of this comes complete with valet parking and a knowledgeable and attentive wait staff.

Want more great reasons to buy a home in the Austin area?  Check back on our blog every week for more great places to eat and things to do here!

The Best Food is Found in Bee Cave

by Rebecca Shahan

If you plan on buying a home in or around Bee Cave, you certainly won't have to worry about going far to find great places to eat.  Bee Cave is filled with great restaurants just waiting for you to explore. Here's a few of the top places to eat in Bee Cave that you just have to try!

Cafe Blue

The best seafood in town, this is the place.  With dishes like crawfish omelettes and lobster eggs benedict, you're sure to find it to be a unique take on seafood. The classy cool atmosphere and presentation will set the mood for a delightful night out.

Meridian 98

This stunning restaurant not only offers locally sources food, but amazing views of the countryside and a gorgeous dining area fashioned after an authentic London club. â€‹Executive Chef Patrick Newman creates specialty plate concepts that are sure to delight the pallet.

Mimi's Cafe

Casual dining at it's best! You'll find unique dishes like Meyer Lemon Mussels & Frites, Mushroom & Brie Burgers, and French dishes such as Quiche Lorraine. Their tasty selection of dishes covers both the American and French side of the culinary spectrum.  

Displaying blog entries 1-4 of 4