Archive for the 'Market Trends' Category
Market Analysis
December 10th, 2009 categories: Buying Real Estate, Market Trends, Real Estate News
BRYAN, TX -- Sluggish but successful best describes our market.We did not sell as many properties as we did in 2008 BUT it is not nearly as far behind now as it was in January! Notice on the chart below – WE HAVE ITEMS IN GREEN!!! Notice on the chart above – the available inventory on the market is on a slow and steady rise. Is it rising enough to really be concerned about? Not yet but it does bear watching. Did you hear congress extended the First Time Home Buyer Credit AND added a little for those of us who already own real estate? The First Time Home Buyer Credit is up to $8,000 and the Repeat Home Buyer Credit is up to $6,500. If you could purchase a home and get back up to $8,000 MAYBE it is time to think about making a purchase! Also - we are thrilled that Century 21 Beal sold more properties than any other...| Discussion: Your Comments Please »
College Station Real Estate Market Update Jan – June 2009
July 21st, 2009 categories: Market Trends
Bryan/College Station Real Estate Market Statistics January - June 2009 How is the real estate market changing in Bryan College Station? June was great again this year! Considering what has been going on in the rest of the country we had a remarkable number of sales in June! Hope you were one of the MANY to take advantage of the slower real estate market and the $8,000 tax rebate this month. [tomatoframe height="426"]http://spreadsheets.google.com/pub?key=tuc2xRrIkyeZv2EQWaWMh2A&output=html[/tomatoframe] Have you tried the new 979-764-2121 Instant Info Line? Remember to store the number in your phone so anytime you are out driving you can hear information about ANY home for sale ANY TIME. Is it time for YOU to take advantage of the real estate market? Is it time to move your retirement money from the uncertainty of stocks to the more stable real estate market in Bryan/College Station? Call me and I’ll tell you how you CAN use retirement money to purchase rental real estate NOW!| Discussion: Your Comments Please »
So How Big Is Texas Really?
March 29th, 2009 categories: Market Trends
Texas is the largest state in the continental United States. (Of course Texans will also say that Texas is bigger than Alaska if you melted all their snow!) Texas covers 268,000 square miles which is 7.4% of the nation! If you added up New England, New York, Pennsylvania, Ohio AND Illinois... Texas is still Bigger! The airport at Dallas (DFW airport) is bigger than Manhattan! Of the top 10 most populated cities, Texas has 3! Houston, Dallas and San Antonio. Wonder which state has the largest population growth rate of any state in the US? TEXAS of course! Texas is growing by over 1,000 people a day. Wonder which state has the #1 fastest growing metro area in the nation? TEXAS of course! The Dallas/Fort Worth metroplex wins. In the Texaplex (triangle connecting Houston, Dallas and San Antonio) we have the majority of the population. In fact over 70% of the state's population lives within 200 miles of Austin (the capital of Texas). That means that 4 out of 5 of the 24 million Texas live in the Texaplex! And, Texas is growing very fast. Forecasts tell us that the Texaplex will add another 12 million people by 2030. That is like taking the current Texas...| Discussion: Your Comments Please »
Survey says…… 85% Consider Home Prices Affordable – Imagine If They Were in College Station!
March 27th, 2009 categories: Market Trends
Century 21 surveyed First-Time Buyers and found optimism in the market! With prices falling throughout the country (Except Bryan/College Station) and additional buyer incentives, first-time home buyers are encouraged even with all the doom and gloom news. Century 21 Real Estate LLC surveyed 1,000 potential home buyers and found that they think it is a good time to buy a home. 68% said they think prospects have improved for purchase over the last 6 months and even better... 85% consider home prices affordable! Can you imagine if these buyers were in Bryan or College Station? Our prices haven't seen great drops but WOW what a great home you can purchase for the money! 56% of the people polled were considering purchasing a foreclosed home and 77% said they are "more than likely to purchase a house in the next 6 months" thanks to the $8,000 federal tax credit for first-time purchasers. The Top Reasons these buyers gave for buying real estate are: taking advantage of current housing prices (73 percent), moving to a bigger living space (60 percent), and having a more suitable place to start or raise a family (56 percent). I received information about this survey from Century 21 but then (more...)| Discussion: Your Comments Please »
Bryan College Station Real Estate February Single Family Market Report 2009
March 25th, 2009 categories: Buying Real Estate, Market Trends
Single Family Real Estate Monthly Market Stats February 2009 2009 2008 # Listings in Inventory 1, 188 1, 351 Down - 12.1% # Closed Sales 91 132 Down - 31.1% Average Sales Price $172,928 $169,261 Up - 2.2% # Volume $15,736,430 $22,342,476 Down - 29.6% Days on Market 130 126 So what is really going on in the Bryan/College Station real estate market? The numbers don't look good but what you see above is the effect of the fear in the market in November, December and January with the elections, stock market decline and horrible national news. We are in a bubbled community but we still see some of the effects of the national news. So what is going on right now? It depends! We are seeing the higher priced homes being (more...)| Discussion: Your Comments Please »
Barracks 4 Bedroom Floorplan
February 23rd, 2009 categories: Market Trends
The 4 bedroom, 3 bathroom floorplan is one of the 4 exclusive floorplans available at the Barracks. Each carpeted bedroom comes with a huge walk in closet, complete with shelves for extra clothing and shoes. Each private bathroom includes a garden bathtub. This 4 bed, 3 bath, 2 story floorplan includes a spacious living room and a remarkable kitchen with a complete appliance package and granite countertops. Each unit includes a washer and dryer. To see a unit or to have any other questions answered, please contact Jeff Leatherwood at (979)255-2788 Leatherwood@Century21.com Jeff@Barrackstownhomes.com or vist www.BuyAggieland.com Click here to see floorplan. Click here to see floorplan.| Discussion: Your Comments Please »
