As home sales slow, price reductions soar, and mortgage rates increase, motivated sellers and builders are leveraging interest rate buydown incentives to make their homes more attractive and affordable.

This type of mortgage assistance may help offset the impacts of the market cool down, bridging the gap between what sellers want or need and what buyers are willing or able to pay. A win-win for both parties.

The idea is straightforward: Sellers and builders can make their home listings more attractive to buyers by lowering the buyer’s monthly mortgage payments. This financing strategy of sellers and builders paying money upfront to the buyer's lender in exchange for a temporary reduction in the mortgage interest rate is known as a 2-1 buydown.

Whether you are a current or prospective homeowner or renter, and regardless if you are considering buying or selling, it is important to know how the current state of the market impacts your daily decisions while living in Austin.

We understand the importance of providing you with a transparent outlook on the health of the local market so that you can make informed real estate-related decisions. Our monthly blog is here to provide you with the data to create clarity. Email us with the questions on your mind to include in a future newsletter article.

We are experiencing more than the seasonal slowdown in the Austin housing market this fall. On one hand, buyers are finally getting relief from the skyrocketing prices and rapid selling speeds of the…

Whether you are a current or prospective homeowner or renter, and regardless if you are considering buying or selling, it is important to know how the current state of the market impacts your daily decisions while living in San Antonio. 

We understand the importance of providing you with a transparent outlook on the health of the local market so that you can make informed real estate-related decisions. Our monthly blog is here to provide you with the data to create clarity. Email us with the questions on your mind to include in a future newsletter article.

We are experiencing a slower-paced housing market this fall. On one hand, buyers are finally getting relief from the skyrocketing prices and rapid selling speeds of the last two years. On the other…

Saving up for a down payment can be a challenge for those currently renting. For some, rising rent costs make it hard to break from the cycle and imagine homeownership as a reality. The average multifamily rent rose 10% year over year in Austin as of August 2022, according to the UNC Kenan-Flagler American Growth Project report for October 2022, which ranked the fastest-growing U.S. cities. If you’re curious, Austin ranked as the second-fastest growing city!

It's only natural to have questions when you're considering becoming a first-time homebuyer. For many, buying a home is an unfamiliar territory with unknown steps to navigate. As experts on the Austin housing market who have helped countless new buyers move forward with confidence, we’ve compiled…

Deciding to sell your home is a big choice. When it comes to selling a house in today’s marketplace, there are more innovative solutions in the real estate industry than ever before. With creative models such as buy before you sell, instant or simple sales, trade-ins, sell and buy in one simple move, buy on your timeline, and more, the ability to achieve convenience, speed, profit, and quality are more attainable than ever before.

No matter your path forward, you want to have someone advocating for you to achieve your definition of success. The right real estate agent will help guide you to understand the options available in your area so you can make the most informative decision for your future. Your agent will also factor in current market…

Whether you are a current or prospective homeowner or renter, and regardless if you are considering buying or selling, it is important to know how the current state of the market impacts your daily decisions while living in Austin.

We understand the importance of providing you with a transparent outlook on the health of the local market so that you can make informed real estate-related decisions. Our monthly blog is here to provide you with the data to create clarity. Email us with the questions on your mind to include in a future newsletter article.

After a summer of ups and downs, the fixed rate on a 30-year mortgage has surpassed 6% for the first time since 2008, and the Fed continues to be aggressive in raising rates to fight inflation.

While…

Safe and affordable housing is essential for every community, and affordability is a major issue facing renters and potential homebuyers across the country. When you start your home search, you may find yourself wondering how much you can afford and if there are any helpful programs that put the path to homeownership closer in reach. We’re here to help you understand San Antonio and Texas affordable housing programs and resources, so keep reading. 

In San Antonio, the rise in home prices with the median household income coupled with rising mortgage rates (and therefore higher monthly payments), has hurt purchase affordability.

“There is a reason people come to San Antonio, and we feel like the most popular reason is you can still find a house and…

Safe and affordable housing is essential for every community, and affordability is a major issue facing renters and potential homebuyers across the country. When you start your home search, you may find yourself wondering how much you can afford and if there are any helpful programs that put the path to homeownership closer in reach. We’re here to help you understand Austin and Texas affordable housing programs and resources, so keep reading.

In Austin, the rise in home prices is outpacing income, according to a recent housing affordability outlook report by researchers at Texas A&M University’s Texas Real Estate Research Center. Factors like median household income and median home sale price coupled with rising mortgage rates (and therefore higher…

Over 6,000 kids and parents will head to Camp Mabry on Saturday, September 17, 2022 for the SAFE Alliance’s annual Touch-a-Truck 2022 event.

Touch-A-Truck 2022 will feature trucks, food vendors, live music, picnic spaces, and the Touch-A-Truck Kid-Zone where kiddos can jump, play, and slide on open-air inflatables.

To purchase tickets to Touch-A-Truck 2022, click here!

WHAT IS TOUCH-A-TRUCK?

Touch-A-Truck is a fun way for families to bond with their children and explore vehicles they have seen in movies, books, or just driving down the street. The event directly supports SAFE's mission to stop abuse for everyone, and promotes happy, healthy families and relationships in our community.

ABOUT SAFE

SAFE is a human service agency serving…