Market Trends Category
For the past few months the nation has been hearing how the market is stabilizing. In fact, articles on evidence for the steadiness of the economy have become almost redundant. We get it. Unemployment rates are lower than they’ve been in years; businesses are once again growing and being created; the stock market (despite its occasional, but predictable vacillations) is growing slowly and steadily; and jobs are being created. Hurray, the economy has been saved. Life in the Brazos Valley...Continue Reading!
There is no great wonder regarding the effects of the nation’s latest mortgage crisis both in Bryan College Station, Texas and the nation as a whole. Loans were left unpaid, and homes were abandoned as banks and the government foreclosed on them. The question is: what became of all those homes that various banks confiscated? With all the lost finances and the economic downturn, there has got to be a stockpile of these homes just waiting to enter the market...Continue Reading!
Would you buy a car without taking it for a test drive? Most people wouldn't consider making such a major purchase without a test drive.
But, surprisingly, people buy homes without "test driving" the prospective neighborhood. I'm not talking about just walking around the block, although that's a good start. I'm talking about pretending you're a resident for a couple of hours. Here are some ideas:
-Have your kids play in the neighborhood park
-Go for a bike ride and explore the surrounding...Continue Reading!
If you've ever wondered how much your house would sell for in today's market, you're not alone. There are many things to think about, but here are three key considerations:
How much have other homes in my neighborhood sold for recently? The key word here is "recently". We all know that prices have adjusted downward in the last couple of years, so it's not really relevant what Mr. Smith sold his house for five years ago. You need up to date...Continue Reading!
The recession hurt our nation’s real estate industry. There’s no way around it but thankfully the Bryan College Station market has not been hurt anywhere near the rest of the country. Unpaid mortgage loans were a large cause of the recession, and echoes from the plummet of real estate values following this crash are still being felt nation-wide. So, perhaps an infrequently asked question in recent months: how have Real
Estate Agents been faring? The answer is, surprisingly — quite well....Continue Reading!
Have you heard of the Texaplex? Sounds like a made up word, huh?
Well, it's actually term coined by a real estate broker in Dallas, David Winans. A few years ago, he had grown tired of all the bad news about the economy so he created a presentation for his office to remind them that things weren't all that bad in Texas. I first heard the term a few years ago while visiting with a lender friend about the potential for a...Continue Reading!
Promising Prospects for the Market of Home Real Estate in College Station, Tx
