Economists call it 'pent up demand'. Political pundits say the market is 'moving forward in spite of the lack of confidence in our elected officials'. Regardless of how you define it, the Cedar Creek Lake real estate market is heating up.
Just over a year ago, we watched as higher-end homes started moving in the prestigious neighborhoods of the D/FW MetroPlex and, true to form, the Cedar Creek Lake real estate market has been following suit: Waterfront home sales at Cedar Creek Lake are up a whopping 60% over this same time last year - from 25 to 40 - with prices ranging from $95,000 to over $2 million.
The combination of low interest rates and motivated Sellers is the perfect environment for prospective Buyers looking to purchase a Cedar Creek Lake home. And the Buyers are out there looking - lots of them - in all price ranges: Showings of Cedar Creek Lake properties are increasing, too, with nearly 900 in February alone.
So, now is a great time to sell because it's a great time to buy OR now is a great time to buy because it's a great time to sell - either way, Cedar Creek Lake is the weekend resort/vacation destination for North and Central Texans!