Home Buying in Spicewood>Question Details

Dean Pillay, Home Buyer in South Africa

We are relocating to Austin in early 2009 and are interested in finding a 3/4 bedroom lease/purchase home.

Asked by Dean Pillay, South Africa Tue Dec 9, 2008

As we work from home an additional building or guest suite for offices would be a plus on a small-holding of 3-10 acres for organic farming in the spicewood/lake travis area. Any ideas?

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3
This question was asked in Dec. 2008 and I wanted to update the answer pursuant to the current Real Estate Market as of 2010/2011 calendar year. This would pertain to almost all areas to included zip code area's of 78669, 78654, 78645 and 78726.

Now is the best time to buy a home as the prices have dropped significantly over the past 12-18 months. When property prices decline, opportunities to capitalize present themselves. Whether you are a real estate investor looking to flip properties for a profit, or an individual searching for their first piece of real estate, declining property values present an ideal buying situation. Simply put------today is a buyer's market.

However, real estate prices will not stay suppressed over the long term. Don't let this opportunity pass you by! Whether you're buying, selling or leasing, you will need to find a REALTOR® to help you locate your ideal property. One with industry experience that has a firm grasp on the opportunities currently presented within the current real estate market.

However, most potential home buyers and sellers alike are taking it extremely slow and are looking before they leap. Even though, there are great deals on homes out there and interest rates are better than ever, people are simply scared and are holding on to their homes and/or money with a much tighter grip.

Subsequently, my recommendation is that you do not procrastinate and delay for too long! Currently it’s a Buyer’s real estate market; however, the market always fluctuates back and forth between a Buyer's and a Seller's Market. Also, alternately there are many other reasons why the market can shift; it may be due to variations in supply and demand and so on. Ask yourself what will cause the next shift in the real estate market and what will the next “Marque” read? Just know that it can and will change and when it does, can you afford the risk of it favoring your opposing situation------ be it Buyers and/or Sellers alike?

Hope this helps!

Dixie Fedler
0 votes Thank Flag Link Tue Nov 23, 2010
Dean,

I am very familiar with this area, and I would love to help you. If you want to search my site it is very accurate and has a complete database of ALL the homes in that area. Feel free to email me and I can run a specific search for you based on how much you would like to spend as well. I would love to help you find the perfect retreat you are imagining and it is obtainable in this area!

Sincerely,
Lindsay Kelley
(512) 589-0009
0 votes Thank Flag Link Mon Jun 21, 2010
Hi Dean,
You can start your search on my website below. In the meantime, I can pull some listings that match your criteria and send them your way. It would be helpful to know a price range that you are shooting for on either the lease payment, or the purchase price Drop me a line with a little more info, and we can get started.
0 votes Thank Flag Link Tue Dec 9, 2008
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