Austin’s Housing Market Sept 2013

  • New Austin Listings increased 14.5 percent to 2,809.
  • Pending Sales were up 19.9 percent to 2,356.
  • Inventory levels shrank 20.3 percent to 7,107 units.
  • Median Sales Price increased 12.8 percent to $219,875.
  • Days on Market was down 31.1 percent to 42 days.
  • Months Supply of Inventory was down 34.3 percent to 2.8 monthImage

Halloween Time in Bastrop, Texas

If you lived in Bastrop, Texas right now you might be enjoying the much cooler weather that the rains brought to us last week. That feeling of the Fall season when leaves crunch under your feet and rustle in the winds. When the pecans start to fall and it’s time to rake. You might be decorating your Bastrop yard with scarecrows, cornstalks and Halloween decorations like your neighbors and businesses around town. On October 31, the Bastrop, Texas Downtown Business Alliance transforms the downtown area for their annual Halloween Fest into a spooktacular family fun filled evening for people of all ages.

If you lived in the Historic Bastrop downtown area you could walk the tree-lined streets, see historic Victorian, older or modern homes decked out in Fall finery. Or drive to designated parking areas and take a shuttle bus to the festivities. If you lived here you would see your neighbors in costumes volunteering at the game booths, as street crossing guards, vendors and manning the lost & found booth. You might see your County Judges in their robes with the Mayor at the viewing and judging stand for the best costume contest. You might see your City Council Members hard at work judging the Lip–Syncing contest. The ghosts, goblins, monsters and creatures you might see will truly amaze you. Bastrop, TX has a very vibrant arts community with many talented artists in residence and you never know what they will come up with. The Haunted House gets better and spookier each year as more people volunteer their talents. The Fire Department runs a wonderful hay ride. This is just one of the festivals that Bastrop, TX puts on each year. The sense of family, camaraderie and commitment to the residents of Bastrop County by the residents of the county is what makes Bastrop a special place to live.

If you or maybe someone you know are looking to purchase a home I have the resources to guide you through the entire process to ensure a smooth process. I will work with you to sell your property and to find the perfect home for you and your family that meets your work/life balance needs and your budget. Give me a call today to discuss what options are available and to schedule an appointment to see what I can do for you. I look forward to earning your business.

FHA Loans and Low Down Payments

If you think you need a 20% down payment to purchase a home think again. According to a recent survey nearly 2/3 of all home buyers put down 5% or less and with the interest rates at an historic low there has never been a better time to buy. If you’re thinking about buying your first home in the Austin or Bastrop, TX area, contact me today, I would love to earn your business. There are many options available for those who need assistance with down payments, including a FHA loan.

FHA Loans

An FHA loans is a US Federal Housing Administration backed mortgage which is lent to you by a FHA-approved lender. Federal Housing Administration loans are offered in conjunction with the U.S. Government. These loans are designed to assist home buyers overcome many of the obstacles to buying homes of their own. FHA loans are a loan that affords buyers the following benefits:

  • Low down payments
  • Closing costs can be covered by grants or even gifts
  • No cash reserves needed
  • Co-borrowers that are non-occupying are permitted
  • Depending on the program, loans may be fully assumable

FHA loans are recommended for first time home buyers, people lacking a down payment, those who plan to use gifts or grant money, individuals lacking credit history, and those who are concerned about qualifying income. These loans are also limited to single family homes, townhomes, condos, and manufactured homes on permanent foundations. While there are underwriting requirements on these types of loans, the FHA can allow home buyers to get down payments as low as 3.5 percent. The underwriting requirements tend to be less stringent than conventional loans. While these loans may be a good option for those who cannot come up with the minimum 5 percent down payment of traditional loans, most people would benefit from exploring all of the options available to them, including down payment assistance programs. Check out some starter tips for getting an Austin or Bastrop mortgage.

Call Bastrop, TX Home

Bastrop’s schools, shopping, theater, movies, live music, spacious state parks, restaurants, fishing, boating, festivals, we have it all, in Bastrop and it’s all within a short drive and often walking distances. Bastrop is an easy commute into Austin and the Bergstrom International Airport.

In Bastrop, TX you can have your pick of many older or historic Victorian style homes under the sprawling pecan trees with spacious gardens in the downtown Historic District.  Maybe you’re looking for a more traditional style home in subdivisions with family friendly parks, walking paths, playgrounds and community swimming pools. And for you country folks we have secluded ranch style homes with acreage out in Bastrop county among the Lost Pines.  How about a simple country farm house with a patch to raise vegetables and pets that is not very far away from town.  Bastrop County has a little something for everyone.

I’ll will work with you to find that perfect home for you and your family that meets your work/life balance needs and your budget. Give me a call today to discuss what options are available to you and to schedule an appointment to see what I can do for you.

Victorian Bastrop Homes