Hope you are enjoying 2009 so far. There have been some exciting things going on in the Austin real estate market. Prices are remaining steady, and home purchases are on the rise. Interest rates have dropped, so there has been a rush to refinance lately. For qualified home buyers, it is now the time to buy. If you qualify for an FHA loan, you can still buy a home with a 3.5% down payment.
If you or someone you know is looking to purchase their 1st home this year, they will receive an $8,000 tax rebate from the government. You must buy it before November 2009. You do not have to pay this money back. It's a very exciting time! Attached is the March Real Estate Statistics -Austin, Tx.
Enjoy!
Crystal Kilpatrick
Homes ATX, Realtor
512-680-5835