If you yearn for 2 acres or 200 acres, chickens, and pole barn but you don’t want to spend $500,000 or more a manufactured home property maybe your best option. We all have heard the bad jokes about ‘trailers, double-wide, mobile (make that 3 syllables) homes’ but manufactured housing has come a long way.
Buying your first home can be super confusing to most people. The internet is a tremendous resource for information, but often it can lead to more confusion than clarity when trying to educate yourself and prepare for your first home purchase. So where should you start and what should you do to better prepare yourself?
According to the Austin Board of Realtors, residential home sales in the Austin Round-Rock MSA once again hit a record for the month of May, increasing 48% year over year to 3,976 sales, while the median sales price jumped 42.2% year over year to an all-time-high of $465,000. At the same time, sales dollar volume increased 116.2% year over year to $2,355,132,804. Monthly housing inventory dipped 1.5 months to a critically-low 0.5 months of inventory.