BY GRACIE WARHURST
Zooming out
Something to note
said the resale market is facing sti competition with new home builders who can oer competi- tive incentives, such as lower interest rates. Overhauser said this means sellers of existing homes need to be more strategic with pricing and ensure their properties are in a condition to compete.
Data for Georgetown-area ZIP codes shows total listings remain elevated, with peaks over the last couple of years. There is approximately six months of housing inventory available. “Denitely the market is picking up a little bit, but … we’re still in a buyer’s market,” Britt said. Despite being an inventory-heavy market, Britt
Not all commercial development along the Hwy. 29 and Ronald Reagan corridor directly bene ts nearby cities’ tax bases. Some major projects, including Santa Rita Ranch Center, fall within municipal utility districts, meaning Liberty Hill will not collect sales tax revenue from those sites. Georgetown faces similar pressures as growth outside city limits increases demand on regional infrastructure. “Although this area is outside of Georgetown’s extraterritorial jurisdiction, we do provide water to a portion of this area, which will bene t from the enhancements to Georgetown’s water system,” Assistant City Manager Nick Woolery said. As housing, retail and infrastructure continue to expand, local ocials say the challenge is ensuring rapid growth is matched by revenue and planning.
Total home listings over time
Key:
78626
78628
78633
700 200 300 100 400 500 600 0
SOURCE: REALTOR.COM¡COMMUNITY IMPACT
DECLUTTER NOW. Thank Yourself All Summer. Whether you’re prepping for travel, a move, or just craving a fresh start, I’ll help you create calm, functional spaces that work for YOU! Declutter • Organize • Simplify 25% OFF (applies to first 4 hour minimum session) YOUR FIRST SESSION
55+ INDEPENDENT SENIOR LIVING RESORT-STYLE LIVING WITH EXCEPTIONAL EASE
SCAN TO LEARN MORE ABOUT OUR COMMUNITY
sandisorganizingservices.com (512) 470-1838 • sandic@sandisorganizingservices.com
Call (512) 788-9478 to schedule your tour!
11350 Hero Way W • Leander, TX 78641 (512) 788-9478 • VerenaAtLeander.com
31
GEORGETOWN EDITION
Powered by FlippingBook