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About the Real Estate Market for the Barton Creek, Westlake and Lakeway areas in West Austin 

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Everybody wants to live in and around West Austin, Texas. We’re one of the fastest growing areas in America, and right now it’s a buyer’s market. With median home prices around $200,000 and median family incomes at about $70,000 (more than enough to qualify for a loan), the real estate market is still alive and well.

Buyers are hoping this change in the market will last forever of course, and things do look good for the next few months. Last week mortgage rates fell to yet another six month low, prompting more buyers to get out there house hunting. At the same time, sales and new construction have slowed, which is not surprising given the frantic pace of the market over the past few years.

There is still activity out there for sellers, however. Plenty of buyers want to make their move before the weather changes and the holidays settle in. Buyers are simply taking advantage of greater inventory—and in some cases, lowered prices—to choose from.

Investors are also eyeing the Austin area with interest. As much as the market has slowed over these past months, real estate in and around West Austin, Barton Creek, Westlake and Lakeway has continued to inch forward in appreciation. Moderate prices compared with other major cities of the United States, a strong economy, and higher family incomes mean excellent potential for future returns. All this makes the Austin area one of the best markets in the country right now for both buyers and sellers.

One thing buyers should keep in mind is that tighter underwriting controls have been instituted on mortgage loans. Because of the flurry of home loans over the past few years, new regulations have come into play that prevent buyers from stretching too far beyond their means. Buyers need to be especially diligent right now about gathering together all the paperwork that proves your income and repayment ability.

If you’re a potential seller, give yourself the greatest possible advantage. Consider these factors as you prepare your house:

--> Fall is a great time for a major yard clean up. Call in professional landscapers if necessary to take care of overgrown trees and bushes. That first sighting makes a huge impression on prospective buyers. 

--> Remember to clean out the garage. Why not sell off some of the things you’ve got stored in there and make a few bucks?

--> Make sure all windows and screens are clean, mended, and in place.

--> Inside, consider if a coat of paint would uplift the look and feeling of your home. Would switching to a lighter color allow more light?

--> Above all, make sure your home is correctly priced. Especially at this time of abundant inventory, over-pricing can drastically lower your viewings and cause your home to sit too long on the market. A Realtor® can help set the price according to current market rates, and negotiate the best possible deal.

Let us help if you’re buying or selling a home or property in the West Austin, Barton Creek, Westlake and Lakeway, Texas, areas!

Which neighborhoods offer the best values? It's our job to help! Ask us any question, or request our FREE relocation package of information on Barton Creek, Westlake and Lakeway. There's no obligation, and we promise to respond quickly... 

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Real Estate Tips
Curb Appeal >Upgrade Before You Sell

Real estate agents sometimes receive calls from homeowners asking for advice on what they should do to prepare their house to go on the market. They may have settled for living in a "less than optimal" circumstance for years, and are now going to spend money to make it nice for someone else to enjoy.

If you are considering painting, updating the kitchen, landscaping, or making any other improvements that will increase your home's re-sale value, think about making those improvements while you are still there to enjoy them. Create your own dream kitchen, master suite or spa, build an outdoor living room or restore your wood floors now. Improving your property will make your home more enjoyable, help maintain the property values in your neighborhood, and expedite the sale of your home when you are ready for a move.

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Real Estate Trivia
Q 
What weighs 320 tons and is considered the largest single block building?

A 
Pyramid of Mycerinus (Third Pyramid) at El Gizeh, Egypt is the largest single block building and the world's oldest pyramid.
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Delilah and Company, REALTOR®, real estate agent and broker for Barton Creek, Westlake and LakewayTexas home listings, property and land for sale - NUMBER1EXPERT(tm)

Delilah & Co.
Keller Williams Lake Travis

1927 Lohmans Crossing
Suite 102
Phone: (512)402-1330
Cell: (512)415-5364
Fax: (512)263-0109
Delilah: Delilah@WestAustinHomes.com

Delilah & Co.(WestAustinHomes.com) brings more to the table than anyone else when it comes to your real estate needs.

Whether you are buying, selling, or renting a property, Delilah & Co. (WestAustinHomes.com), the top producing team at Keller Williams Lake Travis office, utilizes the latest information technologies, market research, and business strategies to exceed all of your expectations.

Over the past years, Delilah & Co. (WestAustinHomes.com) has become one of Austin's most respected Real Estate teams. Our team ranks among the top producing teams in Austin and has received many local awards as well as been recognized several times in the Austin Business Journal.

Our motto at Delilah & Co. (WestAustinHomes.com) is to work hard, to be committed, to always bring integrity in every deal, and to put our clients first in every aspect of the buying and selling process. Our clients make us who we are!

Our goal is not just selling or buying homes or investment properties, it is to create LIFE LONG relationships by representing our clients from contract to close. We are truly dedicated to be the best team by offering the best service to our clients twenty-four seven!

From finding a great home to real estate investing, Delilah & Co.(WestAustinHomes.com) will find the real estate solution that is right for you.


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