I think it is very important to evaluate the financial aspects of a new home purchase. I have evaluated just about every neighborhood in Austin with it's current value, and based on recent historical sales where I predict the value to be in 5, 10, and 15 years.
Take a look
We need to discuss your job situation, whether or not you are pre-approved yet with a lender, where would be best suited for you to live, et cetera, et cetera.
Please give me a call your earliest convenience and I'll be happy to help you, at no cost to you by the way. I have a great team of lease agents, lenders, inspectors, etc. to assist us throughout all phases of the process, and I happen to be one of the top rated agents in Austin.
Joe Jarusinsky, Realtor/Master Instructor, Keller Williams Realty, Austin's #1 Real Estate Company, Ranked #1 by Buyers and Sellers (JD Power & Assoc. 2012)
Since you rent now, you have the benefit of being able to purchase now and rent your home out for 6-12 months until you move here.
Not only will you make money from the rental as rental rates are up and booming right now, but you would make the upswing on market appreciation in those 12 months.
Do you want a house
or a condo?
Gee, the market has been picking up. Home sale prices are up almost 9 percent from last year, All indicators ive read and seen are showing no end in sight. Central texas is booming! There are at least 1000 people per day moving to the Austin area. I own investment properties and a property mgmt company. My investors are buying as much as they can right now.
I have some good suggestions for you if you are wanting to own a home in the Austin area sooner than later.
Cindylou Hunter / Broker
Lynn911 Dallas Realtor & Consultant
Multimillion Dollar Sales Producer
http://www.lynn911.com 100's of Dallas homes listed for sale or lease
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Honestly, who knows? There are honestly way too many moving parts going on right now in Austin to give a prediction about housing in a particular price range without it being more than an educated guess. Your move date is more than a year away, and as events of the past have shown, things can change pretty drastically in a year.
That being said, all things currently point to Austin having sustained growth because of the various industries moving to the area, immigration to the city, and generally favorable economy. My advice is to table your concern about the market for now and revisit it at the beginning of the year. You have nine months in that case to find a Realtor you feel comfortable with and make sure your transition to the Austin area is as seamless as possible.
If you have questions, please shoot me an email, or reach out to any of the other great Realtors who've responded!
A visit to the Chamber of Commerce's economic development page may be jus the tool you need to answser your questions.
Jeannette Spinelli | Broker
Austin Business Journal's Top 20
Austin has been a strong market for a while and most predict it to remain so. As will all markets, there are sub-markets that will be more or less competitive than the overall market. So a lot depends on where and what you are looking for. C'mon down and join the rest moving to Austin!!
When it comes to Real Estate,
All You Need Is Love
Atlanta is a good market, Austin is a HOT market. While no one can predict the future I see a continuing "tight" market. $250K and under is the sweet spot and therefore the hottest of this hot market. The rental market is even tighter than the resale market.
When the time comes I hope you'll consider contacting me directly. Best wishes!