home sales: Canyon Creek June 2023 Saw Roller Coaster Home Sales
- 07/04/23 12:00 PM
Latest news on the Canyon Creek Real Estate market in June 2023….
What you need to know now…..
What it means for you…..
In May 2023 we increased sales by 350% and in June we decreased by 89%. How can that be? We had many Under Contract homes in April so it stands to reason we had a higher percentage of closings in May.
In June we finally started to see homes go under contract after 47 average days on market and many price reductions. With 5 Under Contract homes heading into July we can anticipate a higher number of closings.
Pricing homes … (26 comments)
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home sales: April Showers Bring May Home Buyers!
- 04/02/23 01:32 PM
SELL YOUR CANYON CREEK HOME THIS SPRING...
THE SPRING 2023 HOUSING MARKET IS ALREADY BLOOMING!
APRIL SHOWERS BRING MAY HOME BUYERS...
Over the years Spring has shown us to be typically the most popular time to buy a home. We usually see February as the month activity begins. This year Austin experienced an ice storm that rendered us immobile and took weeks of clean-up before normalcy became restored in March.
We have 6 active listings in Canyon Creek and I’ll be adding another one to the list at the end of the week (and another in a few weeks). Still low inventory for a community … (13 comments)
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home sales: Property Sales ~ 2022 in Review ~ Canyon Creek Austin TX
- 12/29/22 01:30 PM
If you listen to the media than you’re probably thinking the 2022 real estate market should be labeled " The Good, Bad and the Ugly.” We are so glad to live in Austin, Texas where we enjoy robust job growth and economic expansion. I don’t think that label applies to Canyon Creek.
u Have we felt the effects of inflation? Yes
u Are properties sitting on the market longer? Yes
u Are prices escalating like the last two years? No
I’ve seen the pendulum swing over decades but in my opinion nothing compares to the roller coaster ride of 2022. First quarter … (25 comments)
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home sales: July 2020 Homes Sales Are In For Canyon Creek
- 08/01/20 06:59 AM
July 2020 Homes Sales Are In For Canyon Creek
Our market begin to emerge from the Covid-19 Shelter In Place orders and boy did things take off! The big news is the median and sold prices increased!
Active Listings in Canyon Creek
As of July 31, 2020 there are only 4 active resale homes in Canyon Creek out of 1,330+ homes in the community (3 are in the gated section of the Enclave.). Inventory is anemic....we need homes to list!
Pending Sales in Canyon
As of July 31, 2020 there are 4 homes under contract (2 of them are my listings). Just as expected new listings in July came on the … (4 comments)
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home sales: Homes Sales in Canyon Creek for September 2019
- 10/09/19 11:47 AM
Home sales for Canyon Creek are in for September 2019. The real estate summer market slowed in August and September as families turned their attention to getting students ready to go back to school and kids off to college. It happens every year.
Buyers need housing and are anxious to take advantage of the current low interest rates but are resisting escalating prices. Sellers you have time to be ready to hit the market but need to be realistic about your list price and be able to justify with solid comparable sold sales.
Active Listings in Canyon Creek
As of September 30, 2019 there are only … (17 comments)
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home sales: Paying it Forward~Comparable Sales
- 04/22/11 01:03 AM
It's spring and the real estate market is on fire! I commented on Debe's post this morning how fortunate Austin feels to be nestled in-between Raleigh and Charlotte as the top three fast growing cities in the last decade. I've been working with lots of sellers for months to ready their home for market. As they complete their list we are entering the market place. Agents working with buyer are calling to see if anything new is about to hit the market. Yesterday an agent called who is working with three sets of buyers this week-end! Wheeww..that makes me tired just … (14 comments)
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home sales: NW Austin, TX: Canyon Creek ~ 78726 ~ September 2010 Statistical Report
- 09/30/10 11:09 PM
NW Austin, TX: Canyon Creek ~ 78726 ~ September 2010 Statistical Report
Good news for Canyon Creek - the same number of homes closed in September 2010 than in September 2009. The average sold price is down by 13.20% but buyers were buying smaller homes thus reflecting a lower sales price. The actual sold price was only reduced by .90% and the average days on market were reduced by 50.60%! We are holding our own and continue to gain ground. In comparing our market to the balance of the country, Canyon Creek is in great … (6 comments)
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home sales: I Want To Hold Their Hand One Last Time
- 07/25/10 11:45 PM
I was reading a blog from Jane Peters on "I Saw My First Closing Table Today and it Wasn't What I Expected!" and it made me realize how different closings are in each state. I would never miss a closing for my buyer or seller!
We have separate closings to cut down on the time (a seller only has 20 papers or less to sign where a buyer could have quite a stack).
I work hard to make sure my closings run smoothly like clock work and no glitches. We all know there can be those last minute issues! I couldn't … (74 comments)
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home sales: Slide Show of Success in NW Austin
- 06/23/10 06:53 AM
Slide Show of Success...Congratulations to our sellers in NW Austin for successful closings these past 2 weeks! Four of our listings sold at an average of 97.87 percent of list price and 16.5 days on market! Their buyers are thrilled with their purchases of meticulously maintained homes located in premier communities and great school districts.
If you are intereested in buying or selling in NW Austin and are interested in similar results give me a call at 512 346-1799 or email me at dillard@reloaustin.com. I live and work in the area and can assist you in your next real estate … (4 comments)
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home sales: Homeowner's Insurance Is Like A Smorgasboard ~ Plenty Of Choices
- 02/25/10 06:35 AM
I find it hard to go to a buffet..there are always so many choices it makes your head spin! It's good to take the lead from someone who knows what is good and can advise you!
Checking out Home Insurance Companies, all they have to offer and compairing rates can also be a daunting task. You want to know you are comparing apples to apples.
In purchasing a home today it is wise to investigate options for homeowner's insurance early rather than later. There are many items that may need to be considered in making sure your bases are covered. … (14 comments)
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home sales: Central Texas Economy in Perspective
- 12/02/09 06:46 AM
Beverley Kerr, the Austin Chamber Vice President of Research paints a rosier picture than first projected for the Central Texas Economy. According to her article both Austin Board of Realtors and the Real Estate Center at Texas A&M are in agreement that Austin's existing home sales data through October 2009 reflect marked evidence of improvement.
See her complete article at:
http://app.e2ma.net/campaign/26685.e51cb1bd691334ab2e50f807b0c4d99e
Suzanne Jacobs with Gracy Title in Austin keeps us updated with the latest breaking articles on our Texas and local economy and sent us the following information to share with our clients and sphere of influence:
"After reviewing the latest … (2 comments)
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home sales: Instant Gratification Can Get The Best Of Us
- 12/01/09 08:18 AM
I was going through boxes of old records that I can finally discard and came across some files filled with the old shiny fax paper only to find there is nothing on them. Totally disintegrated! It made me think of how we used to transmit data and documents back and forth and how long it took.
We'd meet with a buyer, write up an offer, take it to the listing agent (sometimes meeting halfway in a parking lot) and the listing agent would go meet with the seller and present the offer.
If we went back and forth a few times … (80 comments)
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home sales: Hold On...
- 12/01/09 04:35 AM
The end of the year is upon us and those buyers who have not made a decision are out trying to take advantage of the low interest rates and home prices. The lenders are driving us all crazy with information and data gathering overload.
The best advice I can give my buyers:
"When you come to the end of your rope, tie a knot and hang on!"
Franklin D. Roosevelt
… (4 comments)
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home sales: 3/7/3 ~ Mortgage Disclosure Information Act
- 07/08/09 08:59 AM
If you imbed in your mid 3/7/3 you will remember the new MDIA rules!
3 days after application ~ An initial Truth-in-Lending (TIL) statement must be provided no later than 3 business days after receipt of the loan application.
7 business days after initial application ~ Waiting period ~ the borrower is not permitted to close until at least seven business days have passed since the TIL was placed in the mail or provided to the buyer
3 business days prior to closing ~ Waiting period ~ the borrower must receive an accurate APR on their TIL at least … (7 comments)
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home sales: NW AUSTIN ~ 2008 FINAL MARKET RESULTS ~ CANYON CREEK ~ 78726
- 01/05/09 08:56 AM
2008 ended on a solid note with 72 properties closing and funding in Canyon Creek, Austin, Texas. There was a 25.77% decrease in total number of homes closed from 2007 when there were 97 homes reported closed and funded.
The good news is there was only a 1.97% decrease in average price/square foot in 2008. In 2008 the average price per square foot was $110.63 and in 2007 it was $113.66. The average days on market jumped up 65.63%. In 2007 our average days on market was 32 days in 2008 it was 53 days.
Comparing this community to the rest … (2 comments)
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home sales: MEDIAN PRICE ONLY FELL 3% IN AUSTIN ~ NUMBER OF SALES DOWN BY 20%
- 12/22/08 08:03 AM
Austin is doing well and holding their own through November of 2008. The median price is only down by 3%! The number of sales is down by 20% for the year and that isn't bad considering the rest of the country! The bulk of existing homes sold in the Austin area for November were in the $200,000 to $400,000 price range.
Charles Heimsath, president of Capital Market Research said Austin still is doing better than many other cities, thanks to continued job and population growth. "Compared to other markets in the country, we are still healthy", Heimsath said. "There are other … (2 comments)
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home sales: IS THERE A MAGIC SELLING PRICE? YES!! FAIR MARKET PRICE! ~ AUSTIN, TEXAS
- 12/12/08 09:29 AM
It's crucial to remember when pricing a home in today's market the first days and weeks your home comes to market is when it reaches the greatest pool of potential buyers. You are the "shiny" new home on market! Pricing it correctly will mean getting your house shown and receiving a realistic offer. You do not want your home dismissed as not competitive in the market place.
Every seller feels their house is the "jewel" of the neighborhood and should receive top dollar! It is our job as professionals to educate and help sellers establish a fair, marketable sales price. We … (0 comments)
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home sales: A BALANCING ACT WITH DIVORCING SELLERS
- 12/10/08 03:00 AM
With 50% of marriages ending up in divorce we are finding ourselves representing our past clients, family & friends through a very difficult period in their lives. We are privy to sensitive and private information. Navigating through the emotions is hard enough but now we see instead of fighting for the coveted asset of their home, they are fighting to relinquish their right of ownership! Due to the unstable economy, fall in housing prices, unemployment rate and lack of consumer confidence neither party wants to be saddled with the burden of keeping the home. Lenders have a stake in this rising … (4 comments)
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