- Selling Austin
- Posts
- 🤠🏡 Selling Austin #55
🤠🏡 Selling Austin #55
Mortgage Rate Drop 🪓 + 3D Printed Homes Come to Austin 🤖
Kirtana Reddy
March 07, 2025
Hi y’all, welcome!
Inside: Mortgage Rate Drop 🪓 + 3D Printed Homes Come to Austin 🤖
Did someone forward this to you? If you want to get 5% smarter* each week, subscribe here!
(*unbiased opinion)
WHAT'S INSIDE
🔢 THE DATA
👋 Hi, I’m Kirtana!
I’m an ex-dentist turned Realtor - let’s work together! Email me, tweet me or send me a carrier pigeon. 🐦️
Let’s talk rates. Finally, some good news.
Last week - mortgage rates fell to the lowest levels in nearly 3 months.
There was a 9% increase in home purchase applications and a 37% increase in refinance applications.
Heading into the spring buying season we see purchase activity ramp up naturally. This rate decrease appears to be giving buyers a nudge to purchase.
Read more here.
🤠 WHAT’S HAPPENING AROUND TOWN
Want to live in a 3D printed home? You can in Mueller.
Icon is building homes from the mid-$300,000 to $1.3M. There are 12 total homes for sale - 3 have already been pre-sold. 👀 Move ins will start before the end of the year (it only takes ~2 weeks to 3D print 2,000sqft)!
1 bedrooms will be offered through the Mueller Affordable Homes Program.
Mueller rendering
One of the really interesting things about an Icon build is that there are no right angles. The 3D printer can’t create them so you get these really interesting curved lines. But - if the home is 2 stories - the 2nd story is built with traditional methods (with right angles). Icon anticipated multistory capabilities will launch in 2026.
If you want to learn more about 3D printed homes in Mueller - reach out here.
⁉️ WHAT THIS MEANS FOR YOU
If you’re a buyer/seller/investor/renter or just interested in real estate - this weekly newsletter will help guide your decision making and help you better understand the market.
Buyer - You will see increased inventory in the coming months - Do not expect exceptional properties to sit on the market - we are seeing quick movement on prime homes | Seller - Avoid common listing pitfalls: inaccurate pricing will lose you both time and money. If you renovate - be specific and intentional. Not every upgrade has the desired ROI. | Renter - Seeing big complexes offer 6-8 weeks free |
🤤 HOUSE WORTH DROOLING OVER
After last week’s $64,000,000 property - this honestly feels like a steal.
Yours for: $7,995,000
Thank you for being here! Reply to this email if you have any questions or just to say hello! 👋
P.S. If you think your friends would like this newsletter, I’d love for you to share it with them!