Lakeway Looks Busy

If you were to drive into Lakeway on 620 from the south and then turn on to Lohman's Crossing, you would think that things are pretty busy in Lakeway. That is because you would drive by two large construction sites. The first is the Lakeway Regional Medical Center, which is going up right by the Lake Travis ISD offices.

Then on Lohman's Crossing you would go by what will be Tuscan Village, a retirement community being developed in Lakeway. But don't let those two projects deceive you, Lakeway home sales are pretty slow. June of this year saw 22 single-family homes sell in Lakeway. In 2008 that number was 25 - about the same. However, in June of 2007, 38 Lakeway homes sold.

So is it a good time to buy in Lakeway? Money is still cheap and there is a lot of competition, so there may be deals to be had. With school starting in about a month, people who really need to sell know that now is the time they need to be agressive.