When is the Best Time to Buy a Home in Austin? — First Time Homebuyer Edition
2025 has been full of first time homebuyer wins in Austin. Many buyers are taking advantage of programs designed to make homeownership more accessible—from 0% down and 1% down options to no private mortgage insurance, closing cost credits, physician loan programs, and location based down payment assistance. I work closely with my clients to help figure out which program fits their budget and goals.
One of my clients took advantage of a program we recommended and even got a check on closing day for a portion of their 1% earnest money deposit, meaning they effectively bought their house for less than 1% of the sales price!
How Sellers Are Helping Buyers in 2025
Sellers are showing more flexibility this year. Concessions post inspection can make a big difference, whether it’s a brand new roof or a long list of updates. These opportunities give buyers more negotiating power and help them maximize their budget.
Should You Wait for Rates to Drop?
This is a question I hear all the time: “Should I wait until rates go down?” While rates do affect monthly payments, I never advise anyone to buy if it doesn’t feel comfortable in their budget. Waiting for the perfect time or the perfect rate can keep you on the sidelines for a long time, but making a move that works for you right now is often the smartest choice.
Planning Your Purchase with a Creative Mindset
The best time to buy isn’t about the market—it’s about being ready, knowing your options, and having a Realtor who can guide you through every opportunity. With the right strategy, you can find a home that fits both your lifestyle and your budget. Don’t be afraid to explore what is out there even if you think you are “not ready.” Looking at options with a creative mindset can help you start planning a purchase in your future!
Buying a home is about timing that works for you. Let’s figure out your best next move. Book a free consultation call here.
Realtor at Open House Austin and seasoned real estate investor with long-term, mid-term, and short-term rental experience under her belt. She loves hosting, grilling, dining al fresco, and strolling through her Cherrywood neighborhood with her two pups! When she’s not browsing estate sales or caring for her thriving plant collection, she’s probably planning her next home update or getting hands-on with a weekend project.
