Real Estate Market Trends Bryan College Station - Real Estate Market Brazos County

Archive for the 'Market Trends' Category

A Silver Lining to a Dark Cloud

October 21st, 2008 categories: Market Trends

Lately, the media has not had a lot of “good news” to report on. The stock market is down… way down. Congress is continually arguing about economic stimulus packages that, if not passed, would mean millions of Americans losing their jobs and retirement funds. Obama and McCain will reportedly spend around 30 million dollars over the last month of their campaigns on mostly negative ads. Thousands of American families are having their houses foreclosed on. And, in a recent pole, about 75% of Americans think things are going badly in our country. Did I mention we are at war? Is there any light at the end of the tunnel? Yes. In fact, look closely and you can see the some light right now. Less than a year ago, gas prices were one of the hottest topics in the news and politics, with people fearing that rising oil prices would mean they could no longer afford to drive their own cars. Don’t look now, but oil prices have dropped dramatically; 53% since July 11^th. What was, just a short time ago, our nation’s number one concern has now become a silver

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Posted by Clay Lee | Discussion: Your Comments Please »

Credit Crunch? Media Feeding Frenzy

September 30th, 2008 categories: Buying Real Estate, Commercial real estate, Investment Property, Land & Rural, Market Trends, Real Estate News, Selling Real Estate

BRYAN, TX -- You and I know the media are out to make a buck. And most people know that a majority of the news is presented in a cunning way to grab your attention to increase media viewership to sell more ads to make a buck. What viewers may not know is that the recent hype on the alphabet soup mortgage companies (WaMu, AIG, FNM, FRM, ...) is just that - hype. Sensationalism to get you excited to grab your attention to increase media viewership to sell more ads to make a buck. It's like the Dallas Cowboys training camp... (more...)

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Posted by Cindy Seaton | Discussion: 1 Comment »

How is New Construction Doing in College Station?

September 21st, 2008 categories: Market Trends

January - August 2008

Type of Permit	Permit	Unit	Amount
Single-Family- Home	405	405	$61,361,539
Duplex	34	68	$5,387,633
Tri-Plex/Four-Plex	2	6	$515,350
Apartment	28	405	$4,553,525
New Commercial	61	n/a	$124,515,739
Commercial Remodel	79	n/a	$6,255,518

So what does it all mean?

Single-Family Homes (not including slab onlys)

January - August (YTD - 1yr)

Down 14%

January- August (YTD - 2yr)

Down 19%

Year-to-date, single family home permits decreased in quantity when compared to last year this time, August 2007, and decreased when compared with two years ago, August 2006.

Commercial (Does not include slab onlys)

January - August (YTD - 1yr)

Up 3%

January - August (YTD - 2yr)

Up 10%

Year-to-date, commercial permits experienced an increase in quantity when compared to last year at this time, August 2007, and an increase compared with two years ago, August 2006.

Total Permits

January - August (YTD - 1yr)

Up 1%

January - August (YTD - 2 yr)

No change

Year-to-date, total permits experienced an

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Posted by Susan Hilton | Discussion: Your Comments Please »

College Station Real Estate Market Share Report Jan - July 2008

August 18th, 2008 categories: Market Trends

Want to see the LARGE version of the College Station Real Estate Market Share Report for July 2008? Century 21 Beal Realtors remain the market leader in real estate in College Station and Bryan!

Susan Hilton - Realtor & Sales Trainer for Century 21 Beal

Want to Search the Bryan College Station MLS? CLICK HERE!!!

View Susan Hilton’s profile

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Posted by Susan Hilton | Discussion: Your Comments Please »

Builder Spotlight- New Vision Custom Homes

August 14th, 2008 categories: Market Trends

Thinking of building a Custom Home???

In the market for quality new builder construction in College Station at affordable and competitive prices? Look no Further. New Vision Custom Homes LLC. has been building quality custom homes in the Brazos Valley for 8 years, and been consistently knocking

out competitors in both price and quality on every deal. New Vision specializes in Castlegate Communities (Click Here for Tour), Castle Rock, and is building Spring Creek Gardens Phase 3 (Click Here for Tour). Specs start in the $130's and all include Granite Countertops, Fully sodded fenced yards, sprinkler systems, crown moulding, and countless designer touches. New Vision can also build any quality new builder construction custom anywhere in College station or surrounding areas!!! Call Jeffrey Leatherwood today at 979-255-2788 for details.

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Posted by Jeff Leatherwood | Discussion: Your Comments Please »

Foreclosure Home for a $1.00?

August 13th, 2008 categories: Foreclosures, Investment Property, Market Trends, Real Estate News, Real Estate True Tales

Detroit Foreclosure House for $1!

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, (more...)

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Posted by Jason Johnston | Discussion: 1 Comment »

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