New Home Builder CRISIS! Too Many Houses! 

Thanks! It’s a lot of work to put these out and people sometimes just want to be rude. I don’t put up with rude 😎

I share that info with our clients,

Always moving there.

Thanks! We’re a husband/wife team and we are a Platinum Top 50 team in Austin. Shoot me an email at jeremy@austinknighthomes.com we do a lot of work in the Hill Country. Just let me know how we can help!

Interesting. Why?

@@JeremyAKnight If I'm buying a property I'm looking to escape rent that dosnt get funneled into my personal equity. With paying a mortgage your basically putting your money as long as your keeping ahead of the interest into a savings account with a personal home purchase that will grow over time with the market rate for your property. If I have to pay rent to a HOA that lets be honest isnt putting all my rent back into the area but to a private management firm then I'm getting the worst of both worlds. I get a mortgage payment and I still get shafted paying rent that I'm just plain losing therefore they are basically taking my interest I'm receiving for my properties value growth. Every home in a city already has city ordinances that keep properties in line and if they don't listen you report your fellow owners to the city. You pay those taxes in property taxes to the city and county no matter what. There is no benefit to adding rent on top of this agreement. Also your playing f*** f*** games with your property and finances. One missed payment and a lot of these corrupt management companies will instantly file a lean against your property. I'm not dealing with all this, its just not in any way my best interest.

You got it!

I believe the stats were people renting to move.

Thanks Trevor!

Did you get it rented?

@@JeremyAKnight I heard Mickey and Pluto moved in ;)

@@dinosaurd7295 I heard that.

Haha. I’ll have to look.

I wouldn't necessarily say it's a good time to buy. Because if you're catching a knife on the way down, it's not a good thing. It results in poor return overall and a longer time to roi. If you got the cash to facilitate it great, but many don't. I would say that hearing people say it's a bad time to buy, is a time to start listening..... watching .... waiting.... the moment the amount of people who are screaming its a bad time to buy starts softening .... that is indeed then the time to buy (and potentially refinance later). P.S. I think May/June this year will be optimal time to buy and a potential turning point for the market to flatten out and start heading in the opposite direction. Especially if they drop interest rates.

@@dinosaurd7295 I can see your point, I never get good deals in the summer though. I always get my best deals in the winter.

It's hard to refinance a property that's lost its value.

@@danwebb755 oh man, I remember my first house. It's actually super easy, it's why you put 20% down. It's comically easy. I would suggest you do more research before owning properties.

@@ehren5347 as long as the price doesn't drop more than 20% right ?