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Updated almost 4 years ago,

User Stats

13
Posts
2
Votes
Stephen James
2
Votes |
13
Posts

Austin - large offers over asking

Stephen James
Posted

I'm noticing that in January, houses seem to be going for way over asking price, even compared to 1 month ago in December. Looking at stats I saw houses going for 30-40k over. Now they're starting to go for 60-70k over plus full appraisal waiver which would be tens of thousands extra on top of the down payment. 

How do you buy a house in this market without feeling like you are getting "taken" ?

Is Round Rock any better right now?

I did see this article here which says Austin is one of the worst in terms of bidding wars: https://www.biggerpockets.com/... 

Feel free to DM me as well if you have any advice, it will be MUCH appreciated!!!

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