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nancyfilgate
Nancy Filgate
    Years of Experience: 16

    ABR: Accredited Buyer's Representative
    CRS: Certified Residential Specialist
    GRI: Graduate REALTOR® Institute
    e-PRO: Professional Technology Certification

Direct: (512) 528-1651

Office: (512) 351-1497




Company Info

Avalar Austin Real Estate
6203 N. Capital of TX Hwy, Suite A450
Austin, TX, 78731
(512) 351-1497


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Housing Market

I Need to Sell My House Now – What Can I Do?

Saturday, July 4th, 2009
  • Never turn down a showing even if you’re cooking or have company or the house is messy.  Tell the Agent why the house is not at its best but let the Agent show the house. Coming back in two hours or two days might not be an option. Some Buyers have very limited time off or are in from out of town and their Agent is showing them property over a wide geographic region or the Buyers may fall in love with the Builder’s Model in a new construction neighborhood. If you turn down the showing, you may never get a 2nd chance.
  • Do not leave negotiating room when you price your house. If the Buyers need closing costs, they can be added back into the price of  the house. The lower you price your house, the larger the number of Buyers who will want to see your house. Most Buyers looking at resale homes today are looking for a bargain. The best thing that can happen is that you get multiple offers.
  • Your house needs to be clean and uncluterred even if it needs updating. Most Buyers buy with emotion and a dirty and/or cluttered home is a turn-off.  Take a look at some nearby model homes to see how the small bedrooms are furnished. Too much furniture in a room makes the room look small. Too much stuff in a closet makes the closet look small.
  • Light is your friend! Use the maximum allowed wattage light bulbs in fixtures and open the curtains and blinds. Dark houses seem sad and Buyers buy with emotion even if they won’t admit it.
  • All the documentation needed by the Buyer’s Agent needs to be readily available either online or dispayed in the house. Uncertainty makes Buyers hesitate. Is the house now in a flood plain now that the flood plain maps have been redrawn? What is planned for the adjacent vacant land? What are the HOA rules? What does the Seller Disclosure say?

You goal is to make your house easy to buy! You want to create such a sense of urgency in your Buyers that they want to skip the rest of the houses on their list and go back to the office immediately and write a offer NOW before somebody else does. That way the Buyers never see that beautifully decorated model home with all the $$$$ Builder incentives.

Real Estate Market Statistics for Cedar Park & Leander

Tuesday, November 11th, 2008

From 9/1/07 – 8/31/08, 2086 Cedar Park & Leander homes have sold that were listed for sale in the mls. As of 10/13/08 there were 837 homes listed for sale. In the area south of Whitestone Blvd. (also known as1431) home listings under $300K are selling briskly with an inventory supply of 4.39 months. In the area north of Whitestone Blvd., houses under $200K were selling briskly with an inventory supply of 4.11 months. Above these price points, home sales slowed significantly and the higher the price, the greater the inventory supply of homes. This is the recent history but there are several changes that may impact future sales.

1.      The opening this summer of the Cedar Park Regional Medical Center plus the recent opening of Target, Kohl’s, Lowe’s, and Super HEB and Gold’s Gym should provide a definite boost to the area and the community. The northern area is gradually becoming a destination rather than just a cluster of bedroom communities for Austin.

2.      The newly announced closing of Circuit City (after only one year) will hurt unless the 1890 Ranch Shopping Center can find a new tenant quickly.

3.      The foreclosure of Portrait Homes’ New Condo Community (off Buttercup Creek Rd.) while still under construction has the potential to create a very negative impact if the lender doesn’t find a way to complete the condominiums and get them sold in a timely manner.

4.      A large part of Leander still qualifies as rural property (at least until the 2010 census) making many homes in the northern part of Leander eligible for 100% USDA loans. This means that the northern part of Leander is one of the few places near Austin where 1st time homebuyers may find it easy to purchase.

So far the positives outweigh the negatives. As long as the economy doesn’t go into a total tailspin, the outlook for the Cedar Park and Leander is good. Move-up or relocating buyers can get terrific deals from builders, especially in the higher dollar homes and first-time home buyers can get zero down home loans on both new and resale homes in the designated USDA areas.

Market Recap

  • Avg. Sales Price: $203,773

  • Avg. Days on Market: 59

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