Investing or Relocating To Austin? Real Estate Expert Kenn Renner Highlights Market Opportunities!
Автор: rennerrealty
Загружено: 2022-10-24
Просмотров: 3795
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In today’s video, Austin, Texas, Real Estate Expert Kenn Renner of Renner Realty reveals exclusive market insights and the best places for real estate investors to capitalize in the Austin and Central Texas markets. While many investors and buyers are sidelined, wishing for the market to go back to where it was a year ago, Kenn reveals why, even with interest rate increases, now is a good time to take action versus waiting on the sidelines.
In the two communities Kenn highlights, Santa Rita Ranch and the growing city of New Braunfels, home builders are offering deals at substantial discounts exclusively to Kenn and his investors so builders can offload their excessive inventory.
Over the summer, home builders ramped up home production in anticipation of a hot real estate market. However, interest rate hikes slowed the buying pace, leaving builders with large amounts of inventory to get off their books.
The Austin area has seen a massive increase in rental prices due to current market conditions and recent developments. Rents and housing values have skyrocketed in recent years. Rated #1 Best Place to Live in 2019, Austin has seen tremendous growth in both technology and housing.
The relocation of several large corporations like Tesla, Samsung, and Google has created a job boom, increasing the demand for affordable housing in the Austin market.
As the market changes, you may wonder where to invest your money for the long term. In previous recessions, cash, stocks, bonds, and commodities have not been as stable as real estate prices. Based on the data, real estate is truly one of the best, if not, the best hedges against inflation.
Interest rates are creeping up. However, rate hikes are temporary and they won't go up indefinitely. Once rates drop again, investors can refinance, making a good deals even better with higher monthly cash flow. And remember, your renter is paying down your mortgage as rental rates rise to meet demand, putting more cash flow in your pocket.
Are you concerned about financing? Kenn and his team offer numerous creative financing options to help you take advantage of today's market conditions.
Kenn has been in the real estate business for 40+ years, 30 of those years have been in the Austin area. Are you relocating or investing in Austin? Contact Kenn Renner today at 512-423-5626 (call or text)!
LINKS AND RESOURCES:
Renner Realty: https://www.buyaustin.com/atxhome
Schedule Your Call With Kenn: https://www.buyaustin.com/book-a-call
Binge Watch Kenn's most recent podcasts: • Austin Real Estate Investing 360 podcast -...
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