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(979) 764-2100 Century 21 Beal Inc.

Market Trends Category

The Century Tree Reader Foreclosure Home for a $1.00?

From an article in the Detroit News, this house in Detroit, Michigan was recently listed for $1.00. That's right. One American greenback. It sold for full price! The buyer plans to pay cash. Between sales commission and $1,000 bonus, buyer's closing costs, back taxes and a past due water bill, the sale will cost the bank owner about $10,000. The empty, foreclosed home is now a shell of its former self. As a vacant home, ...Continue Reading!

The Century Tree Reader College Station Real Estate is STILL BOOMING in Texas!!!

College Station Tx real estate home sales are still doing GREAT! Thank you to Randy French at Stylecraft Homes to for providing these stats - July 2008 was the HIGHEST number of homes sold for ANY MONTH in ANY YEAR in our MLS history YTD sales for 2008 is 2% above our highest sales year on record (2007) Days-on-market is at 107 (anything below 120 is considered a Sellers market) Average sales price...Continue Reading!

Bryan and College Station, Texas Luxury Homes Report

As of August 12, 2008, there are 73 residential properties in Brazos County, Texas listed in the Bryan and College Station, Texas Multiple Listing Service (MLS) that are priced at or above $500,000. The price range for these homes and properties ranges from $505,000 to $2,875,817. The median price is $685,000. In this price range you will find everything from a two bedroom, two and a half bath A-frame to a five bedroom, five and a half bath plantation-style traditional....Continue Reading!

Record price paid for Riviera home

The UK's TimesOnline published a story on Monday, August 11, 2008 about a Russian oligarch who paid a record $750 million (£392 million) for a villa on the French Riviera. Villa Leopolda, a mansion once owned by King Leopold II of Belgium and Gianni Agnelli, the Fiat tycoon, is located on the French Riviera between Nice and Monaco. The previous record price for a residential property was said to be £57 million, paid by Lakshmi Mittal, a steel tycoon, for a property...Continue Reading!

When You Have to Sell NOW!

You might be one of those sellers who has to sell your home now. Maybe you are close to losing your home to foreclosure, or perhaps your new construction is almost complete and you can't close until you sell your existing home. Whatever the reason, here is a summary of seven tips, courtesy of David Crook with The Wall Street Journal, that you can use to get your home sold fast! (more…)Continue Reading!

Benefits to Homeowners from the New Housing Bill

When reviewing an article from www.BankRate.com, I noticed information on the Housing Bill that has not received much attention. Property tax deductions for all homeowners: Under current law, you can deduct your property taxes from federal income tax but only if you itemize deductions on Schedule A. That leaves out people who don't have enough standard deductions to warrant filling out Schedule A. They have to take the standard deduction which means that they can't deduct their...Continue Reading!