George Wang
Broker/ Realtor®
Texas Fortune Realty
P O Box 160371
Austin, TX 78716
Phone: (512)694-6060
WeChat: GeorgeWangAustin
Email: GeorgeWang3@gmail.com
TREC #605970
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AUSTIN, Texas – Aug. 17, 2017 – Single-family home sales volume held steady across the Austin-Round Rock Metropolitan Statistical Area (MSA) in July, while housing inventory levels posted strong gains, according to the July 2017 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.
Brandy Guthrie, 2017 President of the Austin Board of REALTORS®, commented: “In years past, the high demand of the summer selling season has further constrained inventory levels and further pushed up home prices. This year has been different, with steady gains in sales volume as well as listings and inventory throughout the summer. During a month when housing inventory should reach its lowest point of the year, housing inventory across the Central Texas region is at its highest point since fall 2012.”
In July 2017, single-family home sales volume in the Austin-Round Rock MSA increased 2.8 percent year-over-year to 2,892 home
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The Lakes edge community info details as of July 2017:
Community Utilities Austin Energy (Electric) 512-494-9400 Alliant 877-532-5427 W. Travis Co. Public Utility Agency 512-263-0125 Septic Managed by HOA (wastewater) Time Warner Cable /Spectrum 512-485-5555 AT&T 800-288-2020
Property Tax Rate Travis County 0.383800 Eanes ISD 1.212500 Travis Hlth Dist 0.110541 Travis ESD #10 0.10000 City Bee Cave 0.0200 Total Tax Rate 1.826841%
Schools Eanes Independent School District https://www.eanesisd.net Barton Creek Elementary School 1314 Patterson Rd, Austin TX 78733 West Ridge Middle School 9201 Scenic Bluff Dr, Austin TX 78733 Westlake High School 4100 Westbank Dr, Austin TX 78746
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Two builders, Ashton Woods and Trendmaker Homes will start to presale lot and floorplan in the brand new, gated community Lakes Edge soon (as early as July 2017). The community is currently being developed and roads are being put in as quick as possible. Model homes will be constructed in there in the coming months.
Lakes edge is part of the prestigious, national ranked Eanes Independent School District, and will only have 118 home sites with beautiful views, greenbelt. The community is near Lake Pointe off Ashley Worth Blvd close to the Hill Country Galleria, Lake Travis and Lake Austin.
When presale starts, builders will schedule appointments for those who are seriously interested and want to meet with a professional to put a deposit down on a lot. This will be done on a first-come first-served basis. If you are considering Lake Edge community, I recommend you go to both
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I have received numbers of inquiry on the new gated Eanes ISD Lakes Edge community, and it’s understandable that many potential buyers are looking for new construction houses in the top notch Eanes ISD, since there have not had any new homes in Eanes recently years after the close out of Senna Hills. High quality new homes with price range in 500K to 600K will be very attractive considering houses in the nearby Eanes neighbor are way above this range.
The Lakes Edge community was expected to see first move-in ready house on the second half of 2017, and we are eagle to see how the development is going.
I went to visit Lakes Edge Community on the first day of the July, and took some pictures. As you can see, construction is underway for the roads and utilities. There is no sign of any houses, or any land/lot subdivision.
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AUSTIN, Texas – June 15, 2017 – Single-family home sales volume experienced strong gains across the Austin-Round Rock Metropolitan Statistical Area (MSA) in May, while home sales dollar volume topped $1.2 billion and set an all-time high for sales dollar volume, according to the May 2017 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.
Brandy Guthrie, 2017 President of the Austin Board of REALTORS®, commented, “Housing is the backbone of our region’s economy and the heart of our communities. Housing demand continues to be at an all-time high in and around Austin, indicated by steady growth in home sales and prices, listing activity and housing inventory. The concurrent gains in listing activity and inventory, in particular, are a positive sign that housing inventory could continue to increase throughout the aggressive summer selling season.”
In May 2017, single-family home sales volume increased 9 percent year-over-year
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AUSTIN, Texas – May 16, 2017 – Single-family home sales increased throughout the Austin-Round Rock Metropolitan Statistical Area (MSA) in April, according to the April 2017 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.
Brandy Guthrie, 2017 President of the Austin Board of REALTORS® commented, “After a slow beginning to the year, increases in single-family home sales, homes on the market, and housing inventory across the region in April 2017 indicate that the Central Texas housing market is ramping up for a strong summer selling season.”
Single-family home sales in the Austin-Round Rock MSA increased 3.2 percent year-over-year in April 2017 to 2,640 home sales. In the city of Austin, single-family home sales rose 2.2 percent annually to 827 home sales during the same time frame.
At the county level, single-family home sales jumped 8.6 percent year-over-year in Williamson County to 886 home sales
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AUSTIN, Texas – April 20, 2017 – Single-family home sales declined across the Austin-Round Rock Metropolitan Statistical Area (MSA) and increased in the city of Austin in March, according to the March 2017 Central Texas Housing Market Report released today by the Austin Board of REALTORS®. Analyzing a growing disparity in market conditions among housing price classes, the report underscored the need for policies that create additional housing capacity to meet the market demand and a broader range of housing types throughout the region.
Brandy Guthrie, 2017 President of the Austin Board of REALTORS® commented, “Growing disparities in housing market conditions at all levels of pricing represent an urgent and immediate need to fill the ‘missing middle’ in the region’s housing stock. The City of Austin’s CodeNEXT Zoning Comparison released earlier this week has given us a more tangible view of that need and confirmed the Austin Board of
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AUSTIN, Texas – March 16, 2017 – The February 2017 Central Texas Housing Market Reportreleased today by the Austin Board of REALTORS® showed a slowdown in single-family home sales growth throughout the Austin-Round Rock Metropolitan Statistical Area (MSA) in February 2017, indicating that the Central Texas housing market is beginning to normalize to more stable market conditions.
Brandy Guthrie, 2017 President of the Austin Board of REALTORS® commented, “The Central Texas housing market is just now beginning to catch up to itself after years of unprecedented sales growth. It’s important to remember that current figures are being compared to very strong housing market activity in 2016, so a decline in home sales growth does not automatically mean that the market is softening.”
Mark Sprague, State Director of Information Capital for Independence Title, agreed: “Low inventory levels, high home prices and slowing job growth across the region are preventing a
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AUSTIN, Texas – Feb. 16, 2017 – Single-family home sales posted strong gains throughout the Austin-Round Rock Metropolitan Statistical Area (MSA) in January, according to a new and expanded Central Texas Housing Market Report released today by the Austin Board of REALTORS®.
Brandy Guthrie, 2017 President of the Austin Board of REALTORS® commented, “Consecutive years of strong housing demand and sales growth throughout Central Texas have significantly changed housing market conditions in Austin and the surrounding region. The radius of local market areas with critically low housing inventory levels has expanded out from Austin into surrounding counties, shifting the price range of available homes in local communities upward.”
Single-family home sales in the Austin-Round Rock MSA increased 7.0 percent year-over-year in January 2017 to 1,549 home sales. In the city of Austin, single-family home sales jumped 9.8 percent annually to 469 home sales during the same time frame.
Housing
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AUSTIN, Texas – Jan. 18, 2017 – The December & Year-End 2016 Central Texas Housing Market Report released today by Austin Board of REALTORS® reported 2016 as another record-breaking year for Central Texas home sales, while also showing signs that the housing market could begin to normalize in 2017.
“The Central Texas housing market is slowly beginning to align with long-term historical trends. Homes are spending more time on the market and the pace of both home sales and price growth is slowing,” said Brandy Guthrie, 2017 President of the Austin Board of REALTORS®. “This normalization does not necessarily mean a weakening housing market, but a return to less aggressive market conditions.”
Austin-Round Rock Metropolitan Statistical Area (MSA)
More than 29,000 (29,569) single-family homes were sold in the five-county MSA in 2016, a 3.9 percent increase from 2015 and an all-time high for annual home sales volume. Median price for
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