Open House Austin Real Estate Blog

OHA Market Update Series - May 29, 2025

Younger homeowners aren’t letting inflation stop them—they’re diving into kitchen remodels in 2025, prioritizing style and function where it matters most. From boosting home value to creating a space that fits modern living, this trend says a lot about what today’s buyers really want.

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Stephanie Douglass Stephanie Douglass

How to Lower Your Monthly Housing Costs (Yes, Even in Austin)

This blog post from Open House Austin breaks down four practical strategies to lower your monthly housing costs—without giving up on owning a home. With the rising cost of living in Austin, it’s easy to feel priced out, but this post offers smart, realistic alternatives that many buyers overlook.

It covers:

  1. Using down payment assistance or below-market interest rate programs to reduce upfront and monthly costs

  2. Buying with a friend or partner to split the financial load and build equity together

  3. Renting out a room or back house to offset your mortgage

  4. Buying at a lower price point to create more financial breathing room

The tone is honest, empowering, and solution-oriented—reflecting Open House Austin’s commitment to making homeownership accessible, especially for first-time buyers navigating today’s market. Whether you’re early in your search or rethinking your budget, this guide offers real tools to help you make it work.

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Mandy Mendoza Mandy Mendoza

Thinking About Leasing Your Home? Here’s What to Know About Short vs. Long-Term Rentals

Leasing out your home can be such a great way to create extra income, especially if you're looking to travel more, build long-term wealth, or just put your space to work when you're not using it. But getting your home ready to rent really depends on the type of rental you’re offering. Are you leaning toward a furnished short- or mid-term rental? Or going the more traditional route with an unfurnished long-term lease? Both can work beautifully—it just comes down to your goals and how hands-on you want to be. Here’s a breakdown of what to expect.

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OHA Market Update Series - May 8, 2025

In today’s high-interest market, assumable mortgages offer a rare opportunity for buyers to take over a seller’s lower-rate loan, potentially saving thousands over time. This strategy can make a home more attractive to buyers and give sellers an edge — but it comes with important details both sides need to understand.

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Stephanie Douglass Stephanie Douglass

Houses Before Spouses

At Open House Austin, we live by the motto: Houses Before Spouses. Why? Because waiting for a life partner shouldn’t delay one of the most powerful wealth-building moves you can make: buying real estate.

Whether you’re buying your first home solo, house hacking with a roommate, or co-investing with a friend, we’re here to make it happen—before (or instead of) walking down the aisle.

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OHA Market Update Series - May 1, 2025

Property tax appraisals in Travis and Williamson Counties have risen, with Travis County seeing an average increase of 3.4% and Williamson County 6.3%. If you feel your appraisal is too high, you can protest it for free, and we’re here to help – join us at our Comps and Cocktails Event on May 8th to get personalized assistance! 🏡💬

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Stephanie Douglass Stephanie Douglass

Homeownership Isn’t Easy — But It’s Worth It

Buying a home isn’t always easy — but it’s one of the most powerful moves you can make for your future. In this post, we share real stories from Open House Austin buyers who pushed past fear, embraced the mess, and built lives they’re proud of. If you’re wondering whether it’s worth it…these stories say it all.

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OHA Market Update Series - April 24, 2025

Did you know your LinkedIn profile could impact your mortgage approval? As lenders get more tech-savvy, your online presence—especially on professional platforms—might be used to verify employment, income stability, and financial credibility.

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Eleanore Bacon Eleanore Bacon

From Home Sweet Home to Smart Investment: How to Turn Your Primary Residence into a Rental

Turning your primary residence into a rental can be a smart financial move, especially in a competitive market like Austin. Whether you're relocating, upgrading, or stepping into real estate investing, renting out your home allows you to retain ownership, build equity, and generate passive income — all while potentially benefiting from tax perks and market appreciation. However, it comes with responsibilities like property maintenance, tenant management, and potential financing challenges. To set yourself up for success, it's crucial to understand local regulations, crunch the numbers, prepare the property, decide on management, and consider working with a real estate professional to navigate the process effectively.

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home improvement, plumbing, home ownership Alan Galinsky home improvement, plumbing, home ownership Alan Galinsky

The Truth About Cast Iron Plumbing. 

If your home was built before 1975, there’s a strong chance it has aging cast iron plumbing—which could be corroding from the inside out and nearing failure. A professional plumbing inspection, especially with a camera scope, can help identify issues early and prevent costly damage, giving you time to plan and peace of mind.

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Stephanie Douglass Stephanie Douglass

Want Up to $27,500 Toward Your Down Payment? Here’s How the WISH Grant Works

Looking for down payment assistance in Austin? The WISH Grant Program offers up to $27,500 in free down payment and closing cost support for eligible homebuyers. Whether you’re a first-time buyer or re-entering the market, this 4-to-1 matching grant could be the boost you need to finally own a home in Austin. Funds are limited—book a call with Open House Austin or attend our next homebuyer workshop to learn how to qualify.

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OHA Market Update Series - April 10, 2025

Thinking of selling your home in 2025? You might want to mark your calendar: the week of April 13–19 is projected to be the best time to list a home all year, with the perfect mix of high prices, strong buyer demand, and low competition. But don’t worry if you’re not ready by then—spring through early summer is still prime time to hit the market in Austin. If selling has been on your mind, now is the time to start preparing. Let’s make a plan to get your home in front of eager buyers this season!

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Katie Burbank Katie Burbank

This Month in Austin - April 2025

It’s springtime and the calendar is in full bloom! The team at Open House Austin has rounded up their favorite events happening in April.

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OHA Market Update Series - April 3, 2025

The spring 2025 housing market is showing promising signs for buyers, with more listings, stable mortgage rates, and less pressure to make quick decisions. This shift in the market gives buyers more options and negotiating power, making it a great time to explore homeownership. As rental markets adjust, now could be the perfect moment to consider buying before rents rise again.

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Jenn Carey Jenn Carey

March 2025 Fed Meeting: Mortgage Rates Improve & Future Outlook

The Fed held rates steady, and mortgage rates have improved by nearly 0.5% this year, now averaging 6.5%–6.75%. With potential rate cuts expected in June and inflation concerns easing, the market is becoming more favorable for homebuyers. If you’ve been waiting to buy or refinance, now is the time to pay attention. Let’s discuss how you can take advantage!

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