Cedar Park Town Center Has Inventory Homes to Sell!
While I was in Leander and Cedar Park today showing a home and dealing with business for buyers who are relocating to the area, I decided to drive through the D.R. Horton development Town Center. The last time I was there, there were several homes under construction. Today, I was surprised to find at least 2 dozen completed homes with "For Sale" signs in front of them. There were also a number of other homes in various stages of completion.
From my own observations over the past couple of months in new home communities in the greater Austin area, I had noticed that D.R. Horton was doing more building in its communities than other local and national builders were doing. This observation was verified in an article written by Shonda Novak in the Austin American-Statesman on Saturday, July 25: "In the strongest sign yet that the local homebuilding market is turning around, the largest builder in Central Texas, D.R. Horton, is ramping up production by putting hundreds of speculative homes on the ground in its communities across the region. ... D.R. Horton started construction on 162 homes in the first quarter and 398 in the second quarter, which ended in June, said Mark Sprague, the Austin partner for housing tracker Residential Strategies Inc. "They could easily start another 100" this month, he said." Per the article, some see the building by D.R. Horton as a gamble. Time will tell if they are correct, or if D.R. Horton is reading the Austin area real estate market well.
What does this building "boom" and lots of ready-to-move-into-inventory mean for buyers? If you are looking for a new home and do not want to wait for it to be built, this might be a great time to take a look at what is available in Town Center (or in another of the D.R. Horton communities such as Falcon Pointe, Sweetwater Glen or Avery Ranch). If you can buy now, you can still take advantage of low interest rates, lower prices and the $8,000 federal tax credit (for first-time buyers).
Click on the following link to learn more about Town Center and to browse homes for sale in the neighborhood.
I have helped clients get good deals in several D.R. Horton new home communities (including Town Center) in the Austin area. Having a Realtor on your side is always wise. When you get ready to talk to a Realtor, please give me a call at 512.913.1557. 
Jim Gilbert, REALTOR, Heart of Austin Homes Licensed (#0536692) to sell Real Estate in Austin and in the State of Texas
