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Are Millennial Buyers Coming to Austin in 2015?



There are a variety of opportunities in the Austin Real Estate Market for both buyers and sellers. If you're a prospective buyer click here for a full home search, or if you're considering placing your home on the market, get a free home value report, right here.

Austin Real Estate Agent
Welcome back, everyone. Today we are answering a question we recently got from a potential buyer. With low interest rates and down payment programs available, a lot of people are asking us, "Do you see Millennials buying more homes in 2015, or continuing to rent?"

When the job market collapsed in 2009, there were a lot of college graduates who had a tough time finding a job. Since then, the market has improved drastically and most of these early millennial graduates have stable jobs and a stable income. They have also been able to save up some money, and are now in a position to buy a property. Without a doubt, we are going to see many more millennials coming into the marketplace in the next 5-7 years.

In Austin, we expect to have a very strong year in 2015, with a lot of millennials entering the market. Interest rates continue to be at an all-time low and there are brand-new 3% down payment programs available. The savings alone on your interest rates will increase your spending power and save you on your payments for a short time.

If you have any questions for us, feel free to give us a call or send us an email. It would be our pleasure to help you.

Is 2015 'The Year' to Secure a Loan?


There are a variety of opportunities in the Austin Real Estate Market for both buyers and sellers. If you're a prospective buyer click here for a full home search, or if you're considering placing your home on the market, get a free home value report, right here.

Today I'm going to be answering a question from John, a potential home buyer in the Austin area. He wants to know if it will be easier to get a loan in 2015 because of the loosened loan buyback standards from Fannie Mae and Freddie Mac. 

There have been a lot of changes in loan requirements from Fannie Mae and Freddie Mac. Overall, it's gotten much more affordable and beneficial to get a loan. It's a tremendous time to buy a home in Austin with prices continuing to rise and with interest rates so low. You have a great opportunity to save a lot of money over the life of your mortgage. 

On top of this, home values are set to skyrocket in Austin with the influx of people moving here. If you invest in a home now while rates are low, you have a high probability of seeing a large return. 

If you have any questions about the market here in Austin or if you need assistance of any kind, please let our team know and we would be very happy to help you!