Austin Real Estate Scene

There was a good article in the Austin American Statesman about how the Mueller Housing Development is attracting a lot of interest for first time home buyers who want to get into the first home. Buying your first home is a dream many people have and as prices going up on housing that dream will become harder to realize here in Central Austin.

They’ve been holding sessions focused on first-time home buyers, credit repair and housing styles. Prospective home buyers can pick up a registration form at Mueller Central, 4550 Mueller Blvd., or download a registration form at www.mueller austin.com/builders.html

The process is not first-come, first-served. Prospective home owners must choose one builder and one house type and pay a nonrefundable $50 fee for a prequalification letter from the builder’s lender. The deadline for registration is April 30th.

The homes will be priced from $120,000 to the $600,000s, with the bulk priced between $200,000 and $450, 000. The affordable housing, about 25 percent of the overall project, will range from $120,000 to $160,000.

I previewed this area last week and think this is a great opportunity to buy into central Austin at affordable pricing. It’s especially beneficial to a lot would be home buyers who thought they couldn’t afford it, but only if you are willing to act soon.

For more information on their Pioneer Program for first time home buyers go to: http://www.muelleraustin.com/pioneer.html