Compound Galore at Cedar Creek Lake

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1 Main 2017_04_27__0621Compound Galore at Cedar Creek Lake with  3/2 main home open plan; 2/2 guest house also has kitchen & laundry.  Huge gourmet kitchen with SS appliances, solid surface counters, gas stove, built in oven and microwave, wine cooler, 2 islands & breakfast area, 2 living areas, covered porch & deck.  Detached 4-car garage is a man’s dream with pegboard & workshop space.  2-car carport & storage bldg; firepit; U-shaped drive; single slip boathouse with fish cleaning station.  Perfect compound for enjoying an extended family or business get-a-way from it all.    1.85 acres on 8.5 lots make up this fantastic property.  Beachwood is a gated community and has a pool, community center, tennis court, park and boat ramp.

Click here to view the Listing.

Let the Schwanbecks Exceed Your Expectations!

We would love an opportunity to assist you in your real estate needs  – anywhere in the DFW metroplex or whether you want a lake home in East Texas.  Click here to view our website.  Click here to learn more about Cedar Creek Lake.

| Debbie and Bruce Schwanbeck, Realtors at Ebby Halliday Realtors DebbieS@ebby.com BruceS@ebby.com  469.283.8656 |

Buyers – Home Prices are going to keep Rising

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Home sales reached their highest pace in a decade in the first quarter of 2017 as property prices continue to escalate, according to the National Association of REALTORS®’ latest quarterly report.

The median price of an existing single-family home nationally was $232,100 in the first quarter, up 6.9 percent from the same time period a year ago. Home prices rose year over year in 85 percent of the 178 metro areas analyzed.

The continued inventory shortages prompted home-price appreciation to quicken its pace in the first quarter, says NAR chief economist Lawrence Yun.

“Prospective buyers poured into the market to start the year, and while the increased presence led to a boost in sales, new listings failed to keep up and hovered around record lows all quarter,” Yun says. “Those able to successfully buy most likely had to outbid others—especially for those in the starter-home market—which in turn quickened price growth to the fastest quarterly pace in almost two years.”

Thirty metros saw double-digit price increases in the first quarter, NAR’s report shows. “Several metro areas with the healthiest job gains in recent years continue to see a large upswing in buyer demand but lack the commensurate ramp in new-home construction,” Yun says. “This is why many of these areas—in particular several parts of the South and West—are seeing unhealthy price appreciation that far exceeds incomes.”

The Commerce Department also reported Tuesday that overall home construction fell from March to April, with housing starts declining 2.6 percent month-over-month. This could have a broader impact on the economy, Yun adds. “With housing starts declining in April, inventory shortages will continue for a longer period of time. The intensifying housing shortage will push up home prices and rents, and easily above wage growth and the broad consumer price inflation. This continued, slow pace of construction of new homes is a major bottleneck to a faster economic and housing recovery.”

Affordability weakened slightly nationwide in the first quarter, despite a rise in the national family median income to $71,201. Higher mortgage rates and home prices softened affordability compared to a year ago, NAR reports. To buy at the national median price, a buyer making a 5 percent down payment would need an income of $52,251; a buyer with a 10 percent down payment would need to earn $49,501; and a buyer with a 20 percent down payment would need to earn $44,001, according to NAR.

Total existing-home sales in the first quarter, including single-family homes and condos, rose 1.4 percent to a seasonally adjusted annual rate of 5.62 million. That is the highest since the first quarter of 2007, when it stood at 5.66 million sales.

“Last quarter’s robust pace of sales was especially impressive considering the affordability sting buyers experienced from higher prices and mortgage rates,” Yun says. “High demand is poised to continue heading into the summer as long as job gains continue. However, many metro areas need to see a significant rise in new and existing inventory to meet this demand and cool down price growth.”

At the end of the first quarter, 1.83 million existing homes were available for sale—6.6 percent below inventory levels of a year ago. The average supply during the first quarter was 3.7 months, NAR reports.

Source: National Association of REALTORS®

Let the Schwanbecks Exceed Your Expectations!

We would love an opportunity to assist you in your real estate needs  – anywhere in the DFW metroplex or whether you want a lake home in East Texas.  Click here to view our website.  Click here to learn more about Cedar Creek Lake.

| Debbie and Bruce Schwanbeck, Realtors at Ebby Halliday Realtors DebbieS@ebby.com BruceS@ebby.com  469.283.8656 |

Mancave for Him & Charming Cottage for Her

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IMG_0403Looking for a home that offers a place with great living, kitchen and entertaining?  This is it. From the front porches, to screen porches and decks – there is plenty of space for all.  Gas (propane) stove and wine cooler in kitchen.  The main home is a 2BR/2BA and the Guest House is a 1/1 with a kitchenette (could also be a man cave or mother in law quarters.)  Mature shade trees and pretty gardens.  This well desired neighborhood has a Property Owners gated park with a pavilion, boat ramp and boat storage.  

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Click here to view the Listing.

Let the Schwanbecks Exceed Your Expectations!

We would love an opportunity to assist you in your real estate needs  – anywhere in the DFW metroplex or whether you want a lake home in East Texas.  Click here to view our website.  Click here to learn more about Cedar Creek Lake.

| Debbie and Bruce Schwanbeck, Realtors at Ebby Halliday Realtors DebbieS@ebby.com BruceS@ebby.com  469.283.8656 |

It’s that time of year – LAKE TIME

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A Stately & Spacious Waterfront in a Private Setting at Cedar Creek Lake with an amazing open water view. This 4 bedroom/4.1 bath home has so much space. Each bedroom has a private bath. There are 2 living areas, a formal dining, breakfast area, storage cabinets everywhere, wet bar, & large utility room. Tall ceilings and walls of windows let you enjoy the panoramic water view. The master suite is upstairs and has a sitting room and private balcony. The master bath is spacious & closet is so large \2013 it is a room itself & even has a cedar lined closet. Outdoors sit under the covered or uncovered porch & enjoy the mature shade trees and watch the open water views. The backyard is large with room for entertaining and yard games. The boathouse has 2 boatslips, 3 jetski lifts, small sink & storage closet. Lovely drive in with a circle drive and Porte Cochere. MLS 13461297

Click here to view the Listing.

Let the Schwanbecks Exceed Your Expectations!

We would love an opportunity to assist you in your real estate needs  – anywhere in the DFW metroplex or whether you want a lake home in East Texas.  Click here to view our website.

| Debbie and Bruce Schwanbeck, Realtors at Ebby Halliday Realtors DebbieS@ebby.com BruceS@ebby.com  469.283.8656 |

Are You Ready to Relax? Come to the Lake!

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IMG_0435Want to go fishing?  I have the perfect spot.

Fantastic 1-story open floor plan with 2 living & dining areas.  Kitchen is open to living & dining, breakfast bar, and coffee bar.  Large master suite & sitting area. Covered porch & deck, boathouse can house 2 boats.  124’ of waterfront with nature and lake views.  3-car garage and a 38×11 RV garage.  Bridgepointe is a gated community at Cedar Creek Lake. 4BR / 3BA 3597SF $849,000 MLS#81753 & 13579828  Click here to view this listing.  

Let the Schwanbecks Exceed Your Expectations!

We would love an opportunity to assist you in your real estate needs  – anywhere in the DFW metroplex or whether you want a lake home in East Texas.  Click here to view our website.  Click here to learn more about Cedar Creek Lake.

| Debbie and Bruce Schwanbeck, Realtors at Ebby Halliday Realtors DebbieS@ebby.com BruceS@ebby.com  469.283.8656 |

Build on the Island at Cedar Creek Lake

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4 YUN00030Idyllic commercial property with 1,384 water frontage on 4.57 acres. Highway frontage is 688.  Utilities are already on the land.  The property is ideal for Townhomes, Residential homes or a Hotel.  The site is level to gentle sloping and slopes downward to the waterfront along the NW, NE and SW.  Conceptual drawings and surveys are available for Townhomes, residential homes, hotel, and marina.  What a perfect spot to build on – with Amazing and Wide Open Water Views. Utilities are already on the land.  See website for more details, drawings & concepts http://www.DebbieSchwanbeck.Ebby.com/island  MLS#13543186

Let the Schwanbecks Exceed Your Expectations!

We would love an opportunity to assist you in your real estate needs  – anywhere in the DFW metroplex or whether you want a lake home in East Texas.  Click here to view our website.  Click here to learn more about Cedar Creek Lake.

| Debbie and Bruce Schwanbeck, Realtors at Ebby Halliday Realtors DebbieS@ebby.com BruceS@ebby.com  469.283.8656 |

This Waterfront Family Lodge is Two good Two be true

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 Waterfront Family Lodge has two of everything – Two lake cabins, two open living, dining, kitchen areas, two screened porches, 2 boat slips & two jet ski lifts.  Both homes are connected by a hallway with doors to close off space.   Home1 (main home) is a 3BR 2BA;  Home 2 is a 3BR 2.5BA.  Spacious kitchen area for all those who love to cook.  Pretty views to the outdoors; large and level yard; Boat house was built in 2013 and has a fishing pier – one of the nicest boathouses with a unique plan on the lake.  The lake area is perfect for swimming, fishing, boating and jetskiing.   Lovely open water view with 287 feet of waterfront. Newer oversize frame built 2-car carport.  Star Harbor is a well desired area with a community golf course, boat ramp, city water, sewer and police.  If you need space for 2 families and large groups – this is it.  Click here to view the listing. 

Let the Schwanbecks Exceed Your Expectations!

We would love an opportunity to assist you in your real estate needs  – anywhere in the DFW metroplex or whether you want a lake home in East Texas.  Click here to view our website.  Click here to learn more about Cedar Creek Lake.

| Debbie and Bruce Schwanbeck, Realtors at Ebby Halliday Realtors DebbieS@ebby.com BruceS@ebby.com  469.283.8656 |

A Fun condo that reflects lake life living inside & out

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IMG_0425A fun condo that reflects lake life living inside and out.  GREAT water view from the balcony.  This second story, 2 bedroom 2 bath has been decorated in a ‘Jimmy Buffet style’.  Floors are tile and carpet, fresh paint, ceiling fans, vessel sinks, SS appliances, tiled fireplace, and breakfast bar.  Open living, dining and kitchen.  Enjoy your morning coffee on the balcony and watch the sun rise.  No lawn work so hang out at the pool, right across the front door.  Includes 1 covered parking space.  In Gun Barrel City and close to restaurants and shopping.   Come check out this fun one-of-a-kind Condo. Enjoy a carefree lifestyle at Cedar Creek Lake.

Click here to view the listing.

Let the Schwanbecks Exceed Your Expectations!

We would love an opportunity to assist you in your real estate needs  – anywhere in the DFW metroplex or whether you want a lake home in East Texas.  Click here to view our website.  Click here to learn more about Cedar Creek Lake.

| Debbie and Bruce Schwanbeck, Realtors at Ebby Halliday Realtors DebbieS@ebby.com BruceS@ebby.com  469.283.8656 |

One of the Last Islands Left in Gun Barrel City is Waiting for YOU!

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4 YUN00030Idyllic commercial property with 1,384 water frontage on 4.57 acres. Highway frontage is 688.  Utilities are already on the land.  The property is ideal for Townhomes, Residential homes or a Hotel.  The site is level to gentle sloping and slopes downward to the waterfront along the NW, NE and SW.  Conceptual drawings and surveys are available for Townhomes, residential homes, hotel, and marina.  What a perfect spot to build on – with Amazing and Wide Open Water Views. Utilities are already on the land.  See website for more details, drawings & concepts http://www.DebbieSchwanbeck.Ebby.com/island  MLS#13543186

Let the Schwanbecks Exceed Your Expectations!

We would love an opportunity to assist you in your real estate needs  – anywhere in the DFW metroplex or whether you want a lake home in East Texas.  Click here to view our website.  Click here to learn more about Cedar Creek Lake.

| Debbie and Bruce Schwanbeck, Realtors at Ebby Halliday Realtors DebbieS@ebby.com BruceS@ebby.com  469.283.8656 |

Exciting News for Cedar Creek Lake

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Check out our June Newsletter for EXCITING news about Ebby Halliday Realtors and Cedar Creek Lake.  Click here to view the newsletter.

Let the Schwanbecks Exceed Your Expectations!

We would love an opportunity to assist you in your real estate needs  – anywhere in the DFW metroplex or whether you want a lake home in East Texas.  Click here to view our website.  Click here to learn more about Cedar Creek Lake.

| Debbie and Bruce Schwanbeck, Realtors at Ebby Halliday Realtors DebbieS@ebby.com BruceS@ebby.com  469.283.8656 |