Beacon Innovative Investments LLC

🏡 Unlock the Power of Real Estate in Your Golden Years! 🌟

Your home is more than just a place to live, it's a valuable asset that can work wonders for your retirement. Join us for a complimentary light breakfast where you'll discover the secrets to maximizing your home's equity and enjoying your retirement to the fullest.

🔑 Learn How to Leverage Your Hard-Earned Home Equity

💰 Get $36,000 More for Your Home With a Revolutionary Approach

🏠 Embrace the Advantages of Aging in Place

📦 Stress-Free Downsizing Tips

Don't miss out on this opportunity to gain financial flexibility and enjoy retirement to the fullest! Register now at bit.ly/9-20RRET or call Brian Scott McRae at 512-584-9766.

Meet your retirement real estate specialists:

Brian Scott McRae, Retirement Mortgage Specialist (NMLS # 2214872)
“Putting Home Equity To Work After Age 62”

Linda Osborn, Seniors Real Estate Specialist
“A Better Way To Sell (Your Home)”

JJ Martinez, Downsizing Specialist
“Surfing the Silver Tsunami: Maximizing Your Earnings in the Senior 55+ Market”

Tim Price, Project Consultant
“Maintaining Your Home for a Better Life”

Stephanie Hon, Estate Attorney
“How an Estate Plan Can Protect Your Home”

Sept 2022 update on the Williamson County real estate market.

It is still a sellers market, and buyers have a more flexibility than a year ago.

I read an article that predicted a "crash" in the Austin market. This is harsh language and I'm just not seeing it.

In the electronics manufacturing space, my team was often notified of a "crash" in some piece of test equipment. 9 times out of 10, the equipment had failed, but it had not "crashed". In electronic equipment language, a "crash" is defined as "operating system data have become CORRUPTED, or hardware has failed in a NON-RECOVERABLE fashion." This is by far more harsh than typical equipment failure.

We humans seem to have a tendency to predict "gloom and doom" where it may not exist.

Although the median home sold price in Williamson Counry has dropped 10% to $455,000 from it's high of $510,000 in April-May 2022, home prices are still up significantly. In fact, the median sold price was $318,000 in Sept-20, so $455,000 is still an increase of over 40% for those 2 years!

The Austin area market is incredibly resilient.

Homes are still selling. People are still buying. Yes, the rate of sale has slowed.

Sellers who let the market data (and a great agent) guide them in pricing their home will do just fine.

The ABOR Aug 2022 Real Estate Market update numbers are IN!

Latest numbers show another small decrease in median sold price in the Austin-RR Metro Statistical Area from $515,000 to $496,039, and Days on Market jumped from 22 DOM to 31 DOM.

This shows a continued softening of our seller's market to something more balanced. It also means that homes are taking longer to sell and are not, in general, selling for as much as in July or June.

In addition, there has been a large increase in price reductions in the past couple of months. This means that many homes being listed for sale are overpriced for the changing market.

Although I do not believe the Austin market is in trouble, it does mean that if you are considering selling in the next 1-4 months, sooner is probably better than later. In addition, it is very important to price your home correctly the FIRST time.

The longer your home sits on the market, the more buyers discount it in their heads, and, right now, the market is also following suit by showing sale prices are getting lower the longer you wait.

Two new homes going in on east 4th street which Mike and I are helping to fund.