Leander Homes For Sale and Sold Report – June 2017

  • Hot Central Texas summer days are here and the real estate buy buy and and  sell season is in full swing. It sounds like a broken record,  but area housing market is hot and affordable housing specially is in real short supply.
  • I recently reported on ways that the Austin City Planners are trying to address this shortage by encouraging developers to build more affordable hosing around Austin. You cad read my report and follow my monthly blog about the real estate trends and market condition  on my site  or on ActiveRain (real estate information) blog site.
  • Recent trends in Leander housing market has seen continued decrease in active listings of houses for sale.  and continued steady or increasing demand. This high demand results in continued increase in prices. In short, until demand subsides or there is an over-supply of new houses, we are in a long term pattern of price growth.
  • Below is a summary of the Housing Market in Leander. You can get more details about the houses sold and currently in the market for sale by expanding appropriate section.
Leander        Sold       For Sale   

All this activity has affected your home’s value!

If you plan to move, you need to know the value of your home right now. You can find this out in two easy ways:

  1. Go to the website I created specifically for this purpose at: www.myLeanderPropertyWorth.com
  2. Text 52101 to (888)264-1910, to receive your property valuation

Leander_Home_Values

I hope you find this helpful. Referral is a big part of my business and as always I appreciate your consideration in referring any friends, family, or colleagues my way. Thank you for supporting me and my business endeavors. Please don’t hesitate to ask me questions about real estate, your desired neighborhoods, or your house value!

 

Best wishes,

 11507 Hare Trail | Austin, Texas 78726

 c: (512)740-6945 

 w: www.moeproperty.com

 e: moe@moeproperty.com 

Cedar Park Homes For Sale and Sold Report – June 2017

  • Hot Central Texas summer days are here and the real estate buy buy and and  sell season is in full swing. It sounds like a broken record,  but area housing market is hot and affordable housing specially is in real short supply.
  • I recently reported on ways that the Austin City Planners are trying to address this shortage by encouraging developers to build more affordable hosing around Austin. You can read my report and follow my monthly blog about the real estate trends and market condition  on my site  or on ActiveRain (real estate information) blog site.
  • Recent trends in Cedar Park housing market has seen continued decrease in active listings of houses for sale.  and continued steady or increasing demand. This high demand results in continued increase in prices. In short, until demand subsides or there is an over-supply of new houses, we are in a long term pattern of price growth.
  • Below is a summary of the Housing Market in Cedar Park along with break-down for two of the largest housing communities in the city, Avery Ranch and Cypress Creek. You can get more details about the houses sold and currently in the market for sale by expanding appropriate section.
Cedar Park Cypress Creek Avery Ranch
   Sold     Sold     Sold 
For Sale For Sale For Sale

All this activity has affected your home’s value!

If you plan to move, you need to know the value of your home right now. You can find this out in two easy ways:

      1. Go to the website I created specifically for this purpose at: www.myCedarParkPropertyWorth.com
      2. Text 52388 to (888)264-1910, to receive your property valuation

Cedar_Park_Home_Values

 

I hope you find this helpful. Referral is a big part of my business and as always I appreciate your consideration in referring any friends, family, or colleagues my way. Thank you for supporting me and my business endeavors. Please don’t hesitate to ask me questions about real estate, your desired neighborhoods, or your house value!

Best wishes,

 11507 Hare Trail | Austin, Texas 78726

 c: (512)740-6945 

 w: www.moeproperty.com

 e: moe@moeproperty.com 

Affordable housing in Austin?

Austin housing market continues to be tight with a short supply of affordable housing. According to the Austin MLS data, the median price for a single-family home rose 8.6 percent year-over-year in May to $310,000. Single-family homes priced at or below $150,000 were nonexistent and only %13 of houses sold $150,000 to $250,000.

To address the shortage of affordable housing, the latest attempt by the City Planner is to revise the building code to encourage more affordable housing by the developers. CodeNEXT is the latest plan to overhaul the Austin’s land-use regulations to address this.

The term “missing middle” is used to describe residences that are affordable and attractive to middle-income earners. It’s a segment of the Austin housing market that has been neglected as market forces have driven single-family home prices in Austin out of the range of middle-income earners.

One strategy for creating more affordable single-family homes is to permit more diverse and more dense types of residential structures, such as row houses, town homes, cottage homes and accessory dwelling units. The theory is that if Austin developers can put more units on smaller parcels of land, it will go along way toward reducing the costs required to provide housing.

Mapped out, those zones form a patchwork quilt of parcels scattered across Austin, such as off of Far West Boulevard, or parts of the Burnet Road corridor. Many of those zones are centered on major corridors where row houses might not be the best fit.

Although many of those “more intense” residential zones are unlikely to be developed as row houses because developers can get a bigger bang for their buck with other building forms than with row houses.

City planners readily admit the lack of middle-income housing in CodeNEXT, and are open re-evaluating these potential building types and the number to be built. They emphasize that the maps are draft and encourage people to get involved in the feedback process.

Read my monthly monthly reports on various real estate topic and market activity on houses sold and houses currently on the market on my blogs  on my site  or on the ActiveRain   (real estate information) blog site.

Best wishes,

 11507 Hare Trail | Austin, Texas 78726

 c: (512)740-6945 

 w: www.moeproperty.com

 e: moe@moeproperty.com 

Leander Homes For Sale and Sold Report – April 2017

  • May 31st is the last day to file a request and protest your 2017 property appraisal and property tax bill. You can file a protest online whether you live in Travis County or Williamson County.  Once you are called for an in-office interview to present your case, you are expected to back-up your claim for a lower valuation and lower taxes. Your chances for a reduction is enhanced by presenting a recent comparative market analysis (CMA) that is prepared for your house. This is a report that compares your house against recent home sales in the neighborhood and come up with an estimated value; it can be prepared by a real estate agent. If you plan to protest your property taxes and would like to have such a report, contact me for a FREE CMA report tailored for your house.
  • As a realtor, I am often asked “How is the Housing Market?”. In an attempt to provide an answer, I prepare these monthly reports. It summarizes the real estate activity for houses sold and houses currently on the market. There reports are tailored for Leander. You can view all previous  reports as monthly blogs on my site or on ‘ActiveRain‘  (real estate information) blog site.
  • Recent trends in Leander housing market has been a continued decrease in active listings of houses for sale.  However, the demand has been steady or increasing. This high demand results in continued increase in prices. In short, until demand subsides or there is an over-supply of new houses, we are in a long term pattern of price growth.
  • Below is a summary of the Housing Market in Leander. You can get more details about the houses sold and currently in the market for sale by expanding appropriate section.
Leander  Sold  For Sale

All this activity has affected your home’s value!

If you plan to move, you need to know the value of your home right now. You can find this out in two easy ways:

  1. Go to the website I created specifically for this purpose at: www.myLeanderPropertyWorth.com
  2. Text 52101 to (888)264-1910, to receive your property valuation

Leander_Home_Values

I hope you find this helpful. Referral is a big part of my business and as always I appreciate your consideration in referring any friends, family, or colleagues my way. Thank you for supporting me and my business endeavors. Please don’t hesitate to ask me questions about real estate, your desired neighborhoods, or your house value!

Best wishes,

Moe Dadseresht

Austin Skyline Realty, Inc.

p: (512)740-6945                   c: (512)740-6945
w: www.moeproperty.com e: moe@moeproperty.com
a: 11507 Hare Trail

Austin, TX 78726

      
Texas Real Estate Commission

Five Most Wanted Features In a New House

What are the most important features you look for in a new house? Depending on your age group the answer could be different. Developers and builders follow the trend set by majority of buyers. Millennials, as the second-largest segment of home buyers ranking behind baby boomers, are currently a major force in determining what features are offered in the houses built.

Although it seems some features are desired by most buyers, but  recent National Association of Realtors survey finds theMillennials first time home buyers prefer the following five features the most.

  • An open floor plan
    Formal dining room isn’t of much importance to the millennial group. An open floor plan with no separating walls in the kitchen, living and dining areas is preferred. These plans give the space a sense of more room, and make smaller areas seems to be bigger. A smaller space thus a lower price fits the first time hime buyer’s budget just fine.
  • An up-to-date kitchen and bath
    A functional kitchen is on top of the list for most people, right behind master bathroom. With a limited funds, younger buyers are less likely to spend money on renovations. It is very important that these two focal points of the house to be functional and ready to move-in.
  • Friendly location
    Location is always an important  a consideration in real estate. For younger first time home buyers a convenient location is a must. Who wants to pay extra money for gas and get stuck in endless traffic!  Many millennials prefer walking, biking, or some form of public transit for their commutes. A great location is the key.
  • Energy savings
    Younger generation are  often more conscious of energy conservation and efficiency. Availability of newer technology in energy-efficient appliances, windows, and a better quality home insulation can make a huge difference.
  • An office space
    This doesn’t have to be a separate room, but has to be a dedicated space. With people working from home more and more and all the freelancers and telecommuters among millennials, a dedicated space to  get work done is  a huge attraction.

Regardless of your preference for features in a new house, you  should know about financing, affordability and availability of new place to buy. You can increase you chance of success by:

      • saving as early as you can
      • being thorough with mortgage shopping
      • picking a neighborhood that fits your life-style
      • . . .

As a realtor, I am often asked “How is the Housing Market?” or “Is it s good time to buy a house?”. In an attempt to provide an answer, I write about topics related to real estate and home buying process. Additionally, I prepare monthly reports about the real estate activity on houses sold and houses currently on the market.  For viewing all previous reports and more information,  please take a look at my blogs  on my site or on the ActiveRain    (real estate information) blog site. 

Best wishes,

Moe Dadseresht

Austin Skyline Realty, Inc.

p: (512)740-6945                   c: (512)740-6945
w: www.moeproperty.com e: moe@moeproperty.com
a: 11507 Hare Trail

Austin, TX 78726

      
Texas Real Estate Commission

Cedar Park Homes For Sale and Sold Report – April 2017

  • May 31st is the last day to file a request and protest your 2017 property appraisal and property tax bill. You can file a protest online whether you live in Travis County or Williamson County.  Once you are called for an in-office interview to present your case, you are expected to back-up your claim for a lower valuation and lower taxes. Your chances for a reduction is enhanced by presenting a recent comparative market analysis (CMA) that is prepared for your house.  This is a report that compares your house against recent home sales in the neighborhood and come up with an estimated value; it can be prepared by a real estate agent. If you plan to protest your property taxes and would like to have such a report, contact me for a FREE CMA report tailored for your house.
  • As a realtor, I am often asked “How is the Housing Market?”. In an attempt to provide an answer, I prepare these monthly reports. It summarizes the real estate activity for houses sold and houses currently on the market. There reports are tailored for some of the neighborhoods in Cedar Park. You can view all previous  reports as monthly blogs on my site or on ‘ActiveRain‘  (real estate information) blog site.
  • Recent trends in Cedar Park housing market has seen continued decrease in active listings of houses for sale.  However, the demand has been steady or increasing. This high demand results in continued increase in prices. In short, until demand subsides or there is an over-supply of new houses, we are in a long term pattern of price growth.
  • Below is a summary of the Housing Market in Cedar Park along with break-down for two of the largest housing communities in the city, Avery Ranch and Cypress Creek. You can get more details about the houses sold and currently in the market for sale by expanding appropriate section.
Cedar Park Cypress Creek Avery Ranch
Sold  Sold  Sold 
For Sale For Sale For Sale

All this activity has affected your home’s value!

If you plan to move, you need to know the value of your home right now. You can find this out in two easy ways:

  1. Go to the website I created specifically for this purpose at: www.myCedarParkPropertyWorth.com
  2. Text 52388 to (888)264-1910, to receive your property valuation

Cedar_Park_Home_Values

I hope you find this helpful. Referral is a big part of my business and as always I appreciate your consideration in referring any friends, family, or colleagues my way. Thank you for supporting me and my business endeavors. Please don’t hesitate to ask me questions about real estate, your desired neighborhoods, or your house value!

Best wishes,

Moe Dadseresht

Austin Skyline Realty, Inc.

p: (512)740-6945                   c: (512)740-6945
w: www.moeproperty.com e: moe@moeproperty.com
a: 11507 Hare Trail

Austin, TX 78726

      
Texas Real Estate Commission

Cypress Creek Area Homes For Sale and Sold Report – March 2017

In a March 16, 2017 press release, the president  of the the Austin Board of REALTORS® described the signs of slow home sales as “the market catching up to itself after years of unprecedented sales growth”. He further explained that current figures are compared to a very strong housing market activity in 2016, so a decline in home sales growth is understandable and does not automatically mean that “the market is softening.”

If you follow these monthly reports, you may have noticed a similar trend in the Cedar Park housing market in recent months. For the second consecutive month the median price of the houses sold remains flat.  However, as another metrics (below) indicates, a decrease in the active listings and a lower inventory of available houses for sale points to a high demand and a strong market.

I have started to report a new metrics for “Sale Price to Original Asking Price” ratio in the report card. This measures how close to the asking price a house is sold. It is a good indicator for the level of demands and how ‘hot’ the market may be.

In case your are considering a move in the coming months, start with bringing your house up to date. Get an inventory of needed repairs and bring your house in tip-to shape for maximum sales value. Whether you are refinancing or buying a new house, take into account all the the selling (closing) costs. Like any other business decision, knowledge is key in a successful real estate transactions. Find out how you can sell your house at the right price.  Get an estimate of the closing costs and who pays them, and contact a knowledgeable agent for consultation.

You can explore details (click on the marker for details of each sale) of all the 53 Cypress Creek Area home sales during March 2017 in the interactive map below.

For the city of Cedar Park single-family home sales during March is summarized below. All comparisons are relative to March 2016.

All this activity has affected your home’s value!

If you plan to move, you need to know the value of your home right now. You can find this out in two easy ways:

  1. Go to the website I created specifically for this purpose at: www.myCedarParkPropertyWorth.com
  2. Text 52388 to (888)264-1910, to receive your property valuation

Cedar_Park_Home_Values

I hope you find this helpful. Referral is a big part of my business and as always I appreciate your consideration in referring any friends, family, or colleagues my way. Thank you for supporting me and my business endeavors. Please don’t hesitate to ask me questions about real estate, your desired neighborhoods, or your house value!

Best wishes,

 Moe Dadseresht

Austin Skyline Realty, Inc.

  •  p:  (512)740-6945                   c: (512)740-6945
  •  w: www.moeproperty.com  e: moe@moeproperty.com
  •  a:  11507 Hare Trail
  •       Austin, TX 78726
      

Texas Real Estate Commission