1. Few investments hold value like Central Texas real estate. 
For example, Texans spend an average of six years in their 
home. Since 2004, the median price has risen 23 percent in 
Austin.* Few investments deliver that kind of return. 

2. Home affordability is at an all-time high and buyer incentives are still available. 
The combination of stable home prices and historically low mortgage 
rates has made housing exceptionally affordable relative to household 
income. In addition, the Federal Housing Administration (FHA) and many 
local programs offer loans that can result in lower down payments, more 
competitive interest rates or flexible credit qualifications. 

3. Texas has a strong and diverse economy. 
Central Texas’ economy is strong and diverse, and the 
population is expected to continue to grow steadily. These 
factors all point to continued health in the housing market.

4. Owning builds long-term wealth and can cost less than renting.
Homeowners see substantial savings through federal 
income tax deductions on property tax and mortgage interest. These 
tax savings partially reduce, or offset, the actual cost of owning your 
home. According to the National Association of REALTORS®, a typical 
homeowner’s net worth is 49 times greater than that of a renter’s.

5. Interest rates are near record lows.
Even small reductions in the interest rate can significantly boost your purchasing 
power. For example, a decrease from 6 to 5 percent on a 30-year home loan for 
$200,000 can change the monthly principal and interest payments by $125, a 
decrease of 11.6 percent.