We Have Great News for Buyers

The Lancashire Group Real Estate Video Blog

If you are a buyer in our Austin area, you may be interested to hear the details of a statistic we heard recently about today’s market.

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Jed and I came across an interesting fact that we wanted to share with all of you, especially our buyer clients.
According to the MLS, 553 home listings in Austin have had a price reduction in the last seven days. When we look at this in the context of the last month, that's an 11.3% increase in homes with a price reduction.
This is a pretty large jump, especially for having happened so quickly.
As we move toward the end of the summer season, sellers appear to be getting anxious. More and more, sellers seem to be increasingly willing to drop prices to get their homes sold before summer’s over.

Now could be the perfect time to buy.

This means some great things for buyers. Opportunities are really opening up, and Jed and I both have important information we’d love to share with you about which areas specifically will be the best path for your success.
There are still multiple offer situations and homes are still moving quickly, but great deals are certainly out there.
Now could be the perfect time to buy.
If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.