Austin Nabs Ranking as 15th Best U.S. City in Prestigious Annual Report + Top Things to Do this Weekend

Austin Sculpture: "Kempelen’s Owls” | Location: 600 2nd Street, Downtown Austin

Artist: New American Public Art | Photo Credit: www.kxan.com

Happy Thursday, Y’all! I know there’s been a lot of talk about higher interest rates lately, and I’d like to offer a different perspective on this! If you (or someone you know) are wanting to buy, but are worried about the current timing, here’s something to remember: When interest rates are low, buyer demand is high. These low-interest rates cause competition, and in turn, home prices go up — just like what we’ve seen happen in the Austin market over these past few years.

So, what is the advantage of buying right now when interest rates are higher? With higher interest rates, buyers hold way more power in the negotiating process, which means you can end up paying less on your home. And later, when interest rates go down, you can refinance and end up with the best of both worlds… getting the right house and the rates that you want. A win-win!

The best time to buy is still when the time is right for you. If that time is now, or if you have further questions about the current market, then please reach out and I’d be more than happy to start a conversation!

Best Cities praises Austin as 'a place that’s incredibly livable. Talk to any entrepreneur leaving Silicon Valley or Seattle and chances are they’ve considered Austin.'

The Best Cities website points to a number of Austin’s assets, such as:

• Comparatively low unemployment rate

• Location of the University of Texas’ flagship campus

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Status as the Live Music Capital of the World 

• Home of the annual SXSW gathering

Best Cities notes that while Austin grabs much of the best-city attention, “the promise of the Lone Star State drawing Californians and New Yorkers is quietly being fulfilled in..."

Top Picks for Things to Do 

in and Around Austin