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.

11 Steps to Owning Your First Home

by Rebecca Shahan

Are you getting ready to buy your first home in Austin or Lake Travis?  If so, it’s certainly an exciting time for you. It’s easy to get lost in all the emotions and happenings. The trick is to not let yourself get swept away in the process.  But don’t worry, if you keep on track, you can successfully buy your first home in Austin and come out on top.  What are the steps involved, and how can you successfully complete them all so that you find the house of your dreams in Austin and the surrounding communities?

Here are the 11 steps that you need to follow.

  1. Do Your Homework
    Buying a home is without a doubt the biggest financial decision you’ll likely make in your life. You’ll need to consider factors such as price, housing type, neighborhood, school districts, and more. You can complete this worksheet to help you figure all these items out. Make sure to fill it out with everyone who’s involved in the process so that everyone has the same goals in mind.
  2. Start Shopping for Homes in Austin
    Now that you know what you're looking for, start looking for listings online.  Here's a great tool for finding the ideal home in Austin and surrounding communities.
  3. Find a Great Agent
    Rebecca Shahan is ready to help you find the perfect first home and help you through the process of finding the perfect home in Austin and Lake Travis.
  4. Choose a Lender
    Now it’s time to find the right mortgage lender. Your lender will be working closely with you throughout the process, so it’s important to find one that understands your goals and needs.
  5. Pick a Loan
    Your lender will work with you to determine the right mortgage to fit your financial needs.  You'll need to provide proof of income, employment, and other details.
  6. Look at Homes
    Here comes the fun part of the process! Rebecca Shahan can help you find homes in in Austin and the surrounding areas in Texas that fit your budget and the needs you determined in step 1.
  7. Make an Offer
    Now that you’ve located the home you want in Austin, then you make the offer.  Rebecca can help you decide how much you want to pay, along with contingencies that both parties can agree on.
  8. Negotiate, Negotiate, Negotiate
    This is where you work out the deal for your new home.  But watch out that you don’t get carried away by emotions because you want the house. Some sellers may just accept your offer, but some may make a counter-offer.  Your agent will work with you to decide what to do.
  9. Inspect the Home
    When an offer is accepted, then you'll sign a contract that will no doubt include a home inspection contingency.  At this point you'll hire a licensed home inspector to look for needed repairs. If major repairs are needed, then the seller will be asked to make those repairs.
  10. Appraisal
    Your lender needs to determine if the home is worth enough to cover the mortgage.
  11. Close the Deal
    You’re almost there! You just need to sign the final paperwork to finish the deal.  Now it’s time to get moved into your first home!

Rebecca Shahan has been helping people buy their first home in in Austin for years. She can help you through all of these steps to guide you to owning your first home in in Austin. Call her today at 512-657-4467.

Austin Is an Antique Collector's Paradise

by Rebecca Shahan

One of the many great things about Austin Texas is its rich history.  And the many great antiques stores located in Austin let you purchase a piece of that past. Austin is an antique collector’s dream come true.  All the antique stores and dealers are located walking distance or a short drive from each other, so you can literally spend all day perusing the treasures they contain.  You’ll not only find tons of antiques from the Austin and Texas area, but from around the world.  And it’s the perfect way to find unique items to decorate your new home in Austin or Lake Travis. Here’s a short list of some of the best antique stores in Austin to get you started on your journey through time.

The Austin Antique Mall

The ideal first stop on your antique shopping list in Austin, the Austin Antique Mall houses over 100 vendors.  For over 30 years, antique collectors have been exploring the largest selection of antiques and furniture in Austin.  You’ll also find items such as military memorabilia, crystal, toys, sports items, china, and just about anything else you can imagine.

Uncommon Objects

This quirky shop focuses on unique collectables, taxidermy, gadgets and more. With 24 vendors, it makes for a more intimate shopping experience, described as "your eccentric uncle’s attic on steroids." You’ll also find folk arts and parlor crafts from around the world.

Jean-Marc Fray French Antiques

If you prefer antiques with an international flavor, then Jean-Marc Fray French Antiques is an excellent place to find the perfect French and Italian antiques from the 18th – 20th centuries.  They specialize in fine furniture, lighting, and items perfect for  decorating your home in Austin.

Antique Marketplace

Antique Marketplace offers a unique mix of American and European Antiques, featuring art, furniture clocks, potter, and much more.

Other antique dealers in Austin include Antiques & Things, Antique Swan, Room Service Vintage, Out of the Past Collectibles, just to name a few.

Check back each week on our blog for more great reasons to buy a home in Austin. You can search for the perfect home on our website using our powerful home search tools. You can also get free listing alerts of homes as they hit the market at And you can always feel free to call us at 512-657-4467‚Äč to talk to an experienced agent today.

Displaying blog entries 1-3 of 3