OHA Market Update Series - Sep 18, 2025
National: Rents are softening in some U.S. cities, but overall prices remain high. Discover why now may be the perfect time for renters to transition to homeownership and how to take advantage of the current market.
Local: Thunder Rock in Marble Falls is bringing 214 new homes starting in the low $290s—an exciting opportunity for first-time buyers looking for affordability, community, and Hill Country living just outside of Austin. With down payment assistance and first-time buyer loan options available, homeownership here may be more achievable than you think.
Intrigued? Keep reading.
(4 minute read)
National Real Estate Update
Housing Trends, Interest Rates, and Market Forecasts
Is Now the Time to Buy a Home?
How Rental Trends Are Creating Opportunities for Renters
If you’ve been renting for a while, you may be wondering whether it’s better to stick it out or finally take the leap into buying a home. The latest data shows the U.S. rental market is in an interesting spot: rents are softening in some cities, but overall, they’re still significantly higher than pre-pandemic levels. In fact, the national median asking rent for 0–2 bedroom properties is down slightly year-over-year, yet it’s still 17% higher than it was six years ago.
Certain markets, including Las Vegas, Atlanta, and Austin, have seen home prices drop more than 13% from their peaks. This shift creates a potential window of opportunity for renters who have been patiently waiting to transition to homeownership. Realtor.com’s survey found that more than 30% of renters are actively planning to buy a home within the next one to two years—a clear sign that the dream of owning a home is still very much alive.
With rental prices high, a cooling housing market, and mortgage rates recently trending lower, now is a great time to explore your homeownership options. Whether you’re looking for your first home or considering a move up, understanding the market and acting while conditions are favorable can make a big difference.
OHA’s HOT TAKE:
If you’re ready to take the next step, I can help you navigate today’s market and find a home that fits your goals and budget. Don’t wait for rents to rise again—reach out today, and let’s explore your options for making homeownership a reality.
Austin Area Real Estate & Community Update:
Market Trends, Local News, and Neighborhood Insights
First-Time Buyers: Thunder Rock in Marble Falls Might Be the Perfect Fit
If you’re a first-time homebuyer, you’ve probably noticed that finding an affordable home near Austin isn’t always easy. Prices in the city can feel out of reach, and competition can be intense. But just 50 miles northwest of Austin, Marble Falls is offering something exciting that might be exactly what you’ve been looking for.
The Thunder Rock community in Marble Falls is rolling out phase two of its development—bringing 214 new homesites to the market after the success of phase one. Built by trusted names like D.R. Horton and Lennar, these homes start in the low $290,000s. That price point is a game-changer for first-time buyers who want the space and lifestyle of homeownership without stretching their budget too thin.
And here’s the best part: Thunder Rock isn’t just houses on lots. It’s a master-planned community that will include nearly 2,000 homes, apartments, sports fields, and commercial space. Pair that with Marble Falls’ growing list of shops, restaurants, and nearby developments, and you’ve got a community designed to grow with you.
For first-time buyers, affordability is just one piece of the puzzle. Programs like:
Down Payment Assistance (DPA): Local and state programs may cover part of your down payment, helping you get into a home sooner.
First-Time Buyer Loans: FHA, VA, and USDA loans can make qualifying easier and reduce upfront costs.
City & County Incentives: Depending on your situation, you may qualify for programs that keep your out-of-pocket expenses lower than expected.
Imagine buying your first home with Hill Country views, nearby lakes, and trails—while still being within driving distance of Austin. It’s the kind of balance that’s hard to find in today’s market, and with the right programs in place, it may be more achievable than you think.
OHA’S HOT TAKE:
👉 If you’re a first-time buyer and curious about what Thunder Rock has to offer, let’s talk. I’ll walk you through your options, connect you with lenders who specialize in first-time buyer programs, and help you see what’s possible for your budget.
Jennifer Carey
Realtor and Agent Success Manager at Open House Austin, real estate investor, and renovation enthusiast with Wimberley Airbnbs. She loves mid-century modern design, hiking Austin with her dogs, yoga and pilates, and has been enjoying gardening at her new home in East Austin🎶✨
