Sam Affanhe, REALTOR®
Bryan and College Station, TX Real Estate
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Sam Affanhe, REALTOR®
Bryan and College Station, TX Real Estate
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August 14th, 2009 Categories: B/CS Market Reports, Bryan Neighborhoods, College Station Neighborhoods, Home Buying Tools, Local Attractions/Spotlights, New Home Builder Spotlight, Sellers Guide
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2009
Bryan/College Station
Real Estate Market Statistics
January – JuLY
WOW what a summer we have had! Sales are still off a bit from last year but compared to the rest of the country, Bryan/College Station is doing great. We missed some of the TAMU parent investors this year. I think this is partly due to the fear in the economy and also the tightening of the available “little money down” mortgage programs. As usual, when a problem arises regulations tend to swing from one extreme to the other. In the past there has been too little mortgage and appraisal regulation – now we have too much.
So – what does this mean to you? It means that when you are ready to buy or sell it is VERY important to work with an agent that KNOWS the market. You want one that knows the market statistics and changes. You probably should work with the agent who provides you with these numbers each month!
SALES 2008 2009 CHANGE
January 115 87 -28 -24.3%
February 132 91 -41 -31.1%
March 177 151 -26 -14.7%
April 253 183 -70 -27.7%
May 333 266 -67 -20.1%
June 308 300 -8 -2.6%
July 358 304 -54 -15.1
Year to Date 1676 1382 -294 -17.5%
AVAILABLE PROPERTIES AVAILABLE TO PURCHASE IN OUR MLS
Available 2008 2009 CHANGE
January 1165 1111 -54 -4.6%
February 1351 1188 -163 -12.1%
March 1407 1265 -142 -10.1%
April 1355 1272 -83 -6.1%
May 1333 1254 -79 -5.9%
June 1181 1253 +72 +6.1%
July 1218 1233 +15 +1.2%
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! |
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on Friday, August 14th, 2009 at 3:28 PM and is filed under B/CS Market Reports, Bryan Neighborhoods, College Station Neighborhoods, Home Buying Tools, Local Attractions/Spotlights, New Home Builder Spotlight, Sellers Guide.
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Good info.
Enjoyed your blog and the layout
Great to see other ares have positve signs in the nmarket. We are Realtors in the Phoenix Arizona and have been hit harder than most areas with foreclosures. It is difficult to find properties that are not lender owned (unless they are short sales which will soon be lender owned in most cases)
However, there is a silver lining in the market. Buyers are returning in large numbers and REO’s are selling in a few days with multiple offers being the norm. I too believe that a new wave of foreclosures is due soon but, at least here, the savvy buyers are ready, willing and able.
It is an exciting time to be a Realtor in the Valley of the Sun.