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
Demand Continues to Surge for Texas Real Estate in Second Quarter of 2013
August 1, 2013
In the second quarter of 2013, demand for Texas homes surged again and the median price for homes in the state hit another all-time high, as reported in the Texas Quarterly Housing Report released today by the Texas Association of REALTORS®.
On a statewide basis, 79,760 single-family homes were sold in Texas in the second quarter of 2013. That is 17.78% more than the same quarter of last year and the most homes sold in a single quarter since the Texas Quarterly Housing Report began in 2009. In addition, the surge in demand was widespread around the state, with 43 of the 47 markets included in the report showing an increase in sales compared to last year.
Prices for Texas homes were strong in the second quarter of 2013 as well, continuing the steady increase seen in recent years and hitting an all-time high for the quarter. Specifically, the median price in 2013-Q2 was $177,300, up 9.98% from the prior year, and the average price increased 10.44% from the prior year to $235,075 this quarter. Those are the highest figures for median and average price ever seen in Texas real estate.
In the wake of these increases in demand and price, the inventory of Texas homes continued to shrink. For 2013-Q2, the Texas market featured 4.1 months of inventory, which is 30.5% less than the same quarter of last year, when inventory was 5.9 months. The Real Estate Center cites 6.5 months as a market in which the supply of homes is balanced with demand, so that figure indicates strong market demand for homes.
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.
With approximately 80,000 members, the Texas Association of REALTORS® is a professional membership organization that represents all aspects of real estate in Texas. We advocate on behalf of Texas REALTORS® and private-property owners to keep homeownership affordable, protect private-property rights, and promote public policies that benefit homeowners.
Cedar Park Real Property
Cedar Park, TX 78613