Real Estate Information Archive


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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.

Prepare Your Home to Sell This Spring

by Rebecca Shahan

Are you thinking about selling your home in Austin or Lake Travis this Spring? If so, Springtime is one of the best times of the year to sell your home.  But don't wait until then to prepare your home to sell.  The more preparation, the more chance you'll have of selling your home faster and getting more money from the sale.  Remember that first impressions are lasting impressions.  When a potential buyer comes to your home, you need to make sure you've done all you can to peak their interest. So here are a few ways you can get your home ready to sell this Spring!

Here are 6 great tips to get your home prepared:

1. Get a Home Inspection.  Having a home inspection before you sell will prepare you for any potential troubles that could make your potential buyers turn around and go to the next house. You'll still need to disclose what the home inspection finds, but you'll have time to make repairs. 

2. Gather all your Warranties. Have all the warranties for any appliances in your home that have them. This gives the buyer confidence in the home.

3. Make all Minor Repairs. Walk through your home with a critical eye and check each room for any minor fixes. This includes patching of holes or cracks, painting, floor replacement, windows, closets, outlets and more. Make the repairs you can and get ready to negotiate for those you can't make.

4. Clear out Clutter. No one wants to see a mess when looking for a new home.  Store as much as you can in an alternate location or get rid of as much as you can altogether.  This makes your move even easier and makes your home even more appealing.

5. Sparkle and Shine. Clean your home as if an army sergeant was coming through with a white glove!

6. Stage your Home to Sell! Consider hiring a professional home statger Home Stagers are experts at presenting your home's best assets and hiding those that are not. They also create the best light and flow to showcase your home. 

For more Home Selling Tips, visit our website or give us a call for a personal evaluation. And make sure to check back on our blog for more tips!

Falconhead Offers Golf Course Living at Its Finest

by Rebecca Shahan

Luxury living on the golf course has never been finer than it is at Falconhead.  At its center is the Falconhead Golf Course, considered one of the finest courses in Austin. Designed by the PGA Tour Design Center, this spectacular course offers challenges for all ages with its junior golf classes.  The Falconhead Golf Club also features outstanding amenities, such as their pro shop, practice facility and Talon´s Bar & Grill.

There’s no need to go far to enjoy great shopping and dining, due to it’s central location between Beecave and Lakeway. In Beecave you’ll find delightful places to dine, like Verde's Mexican Parrilla, Los Pinos Mexican, Tony C's Coal Fired Pizza, Café Blue, and Schmidt Family Barbecue.

And for outstanding shopping, Lakeway offers Hill Country Galleria and Oaks at Lakeway, featuring a scenic lake and pedestrian trails. Of course there’s Lake Travis, where you can spend the day enjoying one of the cleanest lakes in Texas as you play on the water.

Falconhead has so much to offer.  Take a look at our Falconhead Lakeway Real Estate & Community Information page and search for your dream home in Falconhead today!

Displaying blog entries 1-3 of 3