Found 4 blog entries tagged as best realtor in cedar park.

It’s hard to believe, but summer is already around the corner. Here in the Austin area, our home-selling “season” kicks off in spring and reaches its peak in the summer. It’s our busiest time of year, although this year things will be a little different.

With interest rates up, demand has slowed compared to last year. Prices remain high and sellers still have the upper hand, but buyers have a bit more leverage and homes are taking longer to sell on average. This season, homes that are attractive to buyers and marketed aggressively will sell fast and high. Here are the strategies we’re using to position our summer sellers for the best result possible.

I have to give myself a little grace here because I haven’t gotten much sleep lately and I’ve…

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If you have been shopping for a home there are 3 important things you should know about mortgage interest rates today.

Fed Raised Rates And Mortgage Rates Went Down

You probably heard the Federal Reserve raised interest rates .75% in July. The Federal Reserve does not control mortgage interest rates. It seems counterintuitive, but when the Fed raised their rates mortgage interest rates actually went down. Mortgage interest rates had been over 6% back in June. As of August 2nd, we were seeing quotes for 30 Year Conventional rates near 5%.

Jumbo Rates Are Lower Than Conventional Rates

In the Austin area the loan limit for Conventional mortgages is $647,200. If you are borrowing more than that you would be getting a “Jumbo” mortgage.…

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Let’s get into it and talk about the most recent sales statistics for the Austin real estate housing market. In May there were 4,033 sales which is up 40.5% from last year. This is a misleading statistic. Of course, we know last year many sellers held off putting their homes on the market and so the number of sales from last year was artificially low. If you look at the last two years the sales in May were essentially flat from May, 2019.

The pending number of sales was down 33.8% from 4,370 in 2020 to only 2,895 homes under contract in May, 2021. That will probably mean when we get the final statistics for June sales those numbers will be well below last year and many of the headlines will talk about how the sales market is dropping,…

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That seems like a silly question to ask but every day home sellers decide to sell for less.

In April I was having lunch with a friend at The League in Avery Ranch. My friend said the real estate market must be hot because his neighbor didn’t even need to list his home and they sold it off market for $900,000. He was surprised when I said his neighbor could have sold it for at least $200,000 more if they put it on the market.

You can’t blame most home sellers for not keeping up with real estate prices. In many cases homes are selling for significantly over recent comps that sold only a month before. We are in an area where the demand is higher than the supply and it can be unpredictable how much someone may pay for your home.

That’s why…

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