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3 Things You Didn’t Know About Condo Down Payments

The idea of being a homeowner is important to millennials, but there’s a whole world to see before they delve in to the “American Dream.” While the generation may not be prepared to sign for a mortgage immediately after graduating college, statistics show they are quickly becoming the biggest group of homebuyers in America. The National Association of Realtors reports first-time buyers in 2016 were about 32-years-old, making roughly $72,000 a year. The same report states 92% of first-time buyers…

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Condo Craze: Millennials Take Over Austin Real Estate

In addition to many other parts of our economy, millennials are quickly taking over as the top home buyer age group in America. Zillow reports that the median age of today’s buyer is 36, making about $87,000 a year. What’s more, millennials make up roughly 42% of the home buyer population, and their message is clear – they know what they want and they’re willing to wait to make the best deal for their future. Because the mid-30s homebuyer has…

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7 Things You Should Know About Buying A Condo

From purchasing your first home to downsizing from a suburban residence, purchasing a condominium can be ideal for a number of lifestyles. Being close to the downtown attractions, restaurants, and within walking distance to different parks can make buying a condo in Austin, Texas appealing to homebuyers of any age. Having as much information as possible about buying a trendy new condo will help you decide if it’s the right choice for you. We’ve put together a list of seven…

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Top 3 Things You Need to Know About Condo Fees

The amount of money changing hands when you buy a new condo can be overwhelming – the down payment, inspection fees, realtor fees, insurance, taxes, moving costs, and the infamous condo fees. Some of the costs are expected, but the sticker shock of some fees may take you by surprise. Despite the warnings you may have heard when it comes to condo fees, a major benefit is knowing ahead of time exactly what your monthly, quarterly, or yearly cost will…

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5 Things You Need to Know About Condo Down Payments

The rules of making a down payment on your home have changed. When you’ve made the exciting decision to buy a condominium in Austin, Texas, one of your first thoughts will likely be how much you should put down when buying a condo. Let’s talk about what a down payment on your condo covers, how much you should plan to pay, and what options you have based on the type of loan you use for your condo purchase. 1. What…

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South Austin To Get New Affordable Residential Community ‘Cooper Villas’ With Trendy Condos Coming Soon

Great news for all those planning to move to South Austin soon! The fast growing region is going to have a new residential community, Cooper Villas, that promises trendy craftsman-style, Texas hill county, luxe condos within budget, starting from a highly affordable Mid-$200k. A special $3,000 buyer incentive is running at present for the next 5 units. Cooper Villas would be ready for move-in Q1/2017. Nestled in the sprawling 78745 neighborhood of South Austin, Cooper Villas would represent a modern…

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Emerging Trends in Real Estate: Austin Clinches the #1 Spot

Austin has consistently ranked among the hottest real estate cities and markets in the country. Because of that, it should not come as a surprise that Austin has now emerged as the number one city in America to invest in real estate according to the Emerging Trends in Real Estate annual report. The report, which was jointly carried out by the Urban Land Institute (ULI) and PwC, is comprised of reviews from over 1500 real estate experts and remains one…

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