The Cedar Park area has seen a dramatic start to the 2013 Selling Season. With inventories rising again the question is where is pricing headed? Every year the seasonal trend lines have a way of being consistent. (as seen in the sawtooth pattern - inventories rise in summer and fall in winter) More homes come on in the spring and early summer, but are usually off-set by higher sales activity during the summer months. Listing Counts in Cedar in 2013 are at nearly the lowest value in the last 10 years. With interest rates at all time lows and steady buyer demand the sales activity for the area has been very strong. For more info on how these numbers affect your property call or contact us today for your free personal consultation
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| 10 Year Active Listing Count in Cedar Park |
We can also do nothing. We can pretend rather than perform. And if the idea of having to change ourselves makes us uncomfortable, we can remain as we are. We can choose rest over labor, entertainment over education, delusion over truth, and doubt over confidence. The choices are ours to make. But while we curse the effect, we continue to nourish the...
Investors and home owners should consider their options carefully in any market, I have never been one to advocate real estate speculation on a short term basis. The "Buy Low Sell High" strategy is a great idea in theory but usually does not take into account the lack of liquidity in a real estate investment or the substantial acquisition and disposition costs associated with Buying and Selling that have the potential to eat up a large portion of profits.
Another reason the Buy and Hold Rental investment scenario makes a lot of sense is that even if the property doesn't appreciate rapidly, they almost always will over a longer term. Payback usually begins to occur quickly and by the time 5-10 years pass, the owner has had the opportunity to take advantage of Tax Savings, Rental Income, Equity Build Up via tenant paid mortgage payments and the opportunity for Leveraged Appreciation.
For Investors looking to get in t...
Hey I know this is a Cedar Park Blog but maybe you are looking to expand outside Cedar Park... We have just the Property. My newest listing at 402 E. 4th Street Taylor, TX 76574. This is a unique residence/business opportunity. Three Buildings on one Parcel. A two bedroom, one bath home with Kitchen, Living Room and a Full Bath. Easily used as a home or Office Space. There is also a Steel Frame metal Building with Concrete Slab Floor. The building is insulated, has an overhead door a separate framed office space and bathroom framed in. The Third building is the largest of the three and is usable for a warehouse or materials storage. Zoned B-1 Light business in Taylor a perfect location for many small business type or live in business arrangements.. Check it out Priced to sell at only $120,000.00
TIME IS MONEY AND MONEY IS MONEY (QUICKER SALE)(REDUCED HOLDING COST)(HIGHER RETURNS)- For most people and businesses we have heard the expression "time is money". If selling your home takes you away from any activities that would otherwise be a source of income for you, you are losing money by selling on your own. Average sales times for Owner Sold properties are generally longer; this may mean extra carrying cost, taxes, maintenance and losses in value for interest rate hikes. (Interest rates are a very legitimate concern in the current economic climate). In a market with escalating interest rates a 1% deterioration of the mortgage interest rate can mean as much as $12,000.00 Dollars of lost "buying power" for the Buyer, this works to devalue your home. Finally, leaving a home vacant for any extended period of time can be very problematic. Insurance providers may not insure a home that is vacant for more than a short time period. ...