Specializes in residential property including buying, selling, leasing and management
Cedar Park Real Property
Cedar Park, TX 78613
Why Cedar Park Real Property?
This is your one stop source in real estate for buying, selling, leasing and property management in the northwest corridor of the Austin metro area including the cities of Cedar Park, Leander, Jonestown, Lago Vista and communities of the Lake Travis area.
Paul Azevedo understands that realty ownership is more than simply a home or a parcel of land. The term real property includes a bundle of legal rights - the right of control, the right of possession, the right of enjoyment, the right of exclusion and the right of disposition. In addition to these legal rights, owners of real property enjoy some tax benefits, potential for capital appreciation (or income from investment property), a homestead exemption and security of a hard asset.
Paul Azevedo's goal is to provide you world-class service in achieving the outstanding results you desire for your purchase, sale, lease or property management arrangement. For the enrichment of our community, Paul will also donate a portion of his commission to the church or charity of your choice. Integrity, loyalty and accountability you can rely on. Please click the "Contact Me" tab on the site menu to make an appointment.
Ask about my specialty programs
* Lease Buyout for Renters *
* Relocation Assistance *
* Cash Back at Closing *
* Flexible Property Management *
Cedar Park, Texas
Cedar Park is one of the fastest-growing suburbs in America according to Forbes Magazine. Located less than 20 minutes from downtown Austin, the city has grown by more than 400% in the last decade. Cedar Park is well-established, founded in 1887 and incorporated as a city in 1973. It is now the third largest city in the Austin area with a population exceeding 54,000. Cedar Park attracts residents from all over the globe because of its unique charm, close proximity to Austin, the scenic Texas Hill Country and Highland Lakes (Lower Colorado River).
Cedar Park has 860 acres of park space and has been named one of the "Top Ten Places to Raise a Family" by Family Circle magazine. There is truly something for everyone here. If you like hiking, bicycling, water sports, live music, fine wine, great food, shopping, or any other activity, you will find it in or very close to Cedar Park. (Source: City of Cedar Park). Link: City of Cedar Park
Northwest Austin Metro - Other Communities
Link: City of Leander
Link: City of Lago Vista
Link: City of Jonestown
Link: Village of Volente
Texas Real Estate Market Finishes Strong in 2012, Consumer Expectations Rising for 2013
Feb. 1, 2013
As a capstone to a year of accelerating momentum in Texas real estate, the fourth quarter of 2012 featured the strongest increases in sales volume and price for single-family homes in Texas seen last year, according to the Texas Association of REALTORS®.
Citing results published in the 2012-Q4 edition of the Texas Quarterly Housing Report issued today, the report shows increasing demand for Texas homes coupled with decreasing inventory, leading to rising prices and improving confidence among homeowners.
Shad Bogany, chairman of the Texas Association of REALTORS®, commented on the results, “Texas REALTORS® saw a marked increase in the pace of home sales as 2012 came to a close and homeowners are expressing a lot of enthusiasm about 2013.”
As featured in the report, 56,488 single-family homes were sold in Texas in the fourth quarter of 2012, which is 19.82% more than the same quarter of the prior year. In addition, the median price was $159,200, which is 7.42% more than 2011-Q4. Those are the highest figures for sales volume and price seen in a fourth quarter in Texas since the association began issuing the Texas Quarterly Housing Report in 2009.
“This positive performance is evidence of a true rebound in Texas real estate that reaches broadly around the state,” said Jim Gaines, Ph.D., economist with the Real Estate Center at Texas A&M University. “We’re moving briskly down the road to recovery, thanks to positive economic activity in Texas and improvements in the attitudes homeowners have about the market. Looking ahead, I expect to see that confidence inspire more buyers and sellers to jump off the fence and into the market this year.”
The fourth quarter of 2012 also marked the sixth quarter of decreasing inventory for the Texas real estate market, which is an indicator of the balance between supply and demand for homes. The market featured 4.6 months of inventory in 2012-Q4, which is 1.8 months less than the same quarter of the prior year. In comparison, the Real Estate Center cites 6.5 months of inventory as a market in which demand is balanced with supply.
Gaines explained, “Over the last year-and-a-half, we’ve seen steadily increasing demand for homes, but falling numbers of listings. That has caused the inventory of homes to shrink and prices to begin rising. Those price increases could give sellers confidence, spurring them to consider listing their homes in 2013.”
The Texas Quarterly Housing Report is issued four times per year by the Texas Association of REALTORS® with multiple listing service data compiled and analyzed by the Real Estate Center at Texas A&M University.
Cedar Park Real Property
Cedar Park, TX 78613