Micah Franks - Real Estate Agent
10/03/2025
What would make you feel more comfortable making a move?
63% of would-be homebuyers say lower home prices.
50% say lower mortgage rates.
If that’s what you want too, here’s the update you’ve been looking for.
Experts are projecting single-digit price increases in many markets this year. Some areas will even experience slight declines. That’s a far cry from the 20% rise we saw just a few years ago.
At the same time, mortgage rates have eased from their recent highs.
While it’s not enough to completely change the game on affordability, both trends should stick around going into 2026.
If you want to talk through how this helps your budget, DM me.
Message me if you’d like to talk about buying or selling, I'm here to get all your questions answered.
10/01/2025
Saving to buy a home? Don’t forget your closing costs.
They’re not the same everywhere. In some states they average roughly $2-3K. In others, nearly $20K.
This map shows the state averages. Use it as a ballpark for your budget, but be sure to work with a local agent and lender to get your real number before you start shopping. Because it depends on taxes where you live, the home’s price, and more.
DM me if you want an estimate on what you can expect to pay in our area. Or, if you’re looking for tips on how to bring that number down.
Message me if you’d like to talk about buying or selling, I'm here to get all your questions answered.
Only 2% of Home Sales Are Foreclosures or Short Sales
Only 2% of home sales are foreclosures or short sales right now. Want to know what’s happening in our local market? Let’s connect.
Message me if you’d like to talk about buying or selling, I'm here to get all your questions answered.
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11814 Jollyville Road Ste 104
Austin, TX
78759