Sam Affanhe, REALTOR®

Bryan and College Station, TX Real Estate

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Call: 979-314-1399


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Sam Affanhe, REALTOR®

Bryan and College Station, TX Real Estate

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Local Attractions/Spotlights Category

New Lakeridge Townhomes in College Station, TX Expected to Follow The Success of Builders Predecessors

lakeridgeLakeridge Town Homes will mark the 3rd Development from Starfish Development Group here in College Station. The first two, Waterwood Townhomes (2003-2007) and River Oaks (2007-2009), have proven to be well received by both parents/investors and residents alike given their continued demand as premier college living along with the success on the cash flow and property appreciation side of things. Waterwood was 170 units, River Oaks was 97 units and Lakeridge will total 210 units.

Out of the current 267 units, from Waterwood and River Oaks townhomes, Starfish Development has only been able to retain 12, which have consistently leased out annually. Since their inception into the real estate market here in College Station, Starfish Development properties have seen an average price appreciation increase of just over 5%

ONLY 41 units will be available for move-in come August of 2010. So we are encouraging all potential buyers to strongly consider making a decision in the near future. We have already had much interest in Lakeridge and expect it to only increase. For investor clients, this property bodes well on the cash flow side, and if a move is made in the near future, I do not see an issue with leasing out that specific unit. As I alluded to above, there has been much interest expressed in Lakeridge up to this point.

The units at Lakeridge Townhomes will be 2, 3, and 4 BDRM units with large floor plans, own private bath, and your own spacious walk-in closet. I imagine that investors would express a particular interest in the 4 BDRM layouts. From an investor’s perspective, the 4 BDRM, frankly, cash flows better and is a more logical investment on paper.

Currently, there are early bird specials to the first 20 buyers. This includes a free 46″ LCD flat screen TV along with a free washer/dryer to the first ten buyers. Also, we have implemented a price incentive for pre-construction sales. The result of this is an $8000 sales price discount.

Please send me an email at sama@century21bcs.com or give me a call at 979-314-1399 to learn more or to take a tour of a model unit. Once again, much interest has been expressed in this development and time is of the essence.

I also have floor-plans and a price sheet available by request, Thank you.

Posted by Sam Affanhe, REALTOR® | Discussion: 5 Comments »

College Station Regional Association Of REALTORS December Lunch-In

2009-12-04_1541

B/CS Association of REALTORS December Luncheon

The Bryan-College Station Regional Association of REALTORS hosted the last luncheon of 2009 yesterday! The turnout was huge, the food was great, and the holiday spirit was in the air.  The event was carried out at the regular venue Christopher’s World Grille and graciously sponsored by Discount Floors Superstore.  The Broker/Owner of Century 21 Beal, Inc. was presented with an award for his service on the MLS as vice-president and was also officially inducted as a new director of the MLS.  Congratulations Mike!!! The induction of all the other elected positions in the Bryan College Station Association of REALTORS were carried out as well and can be found on the association website at http://www.bcsrealtor.com/ .

Posted by Sam Affanhe, REALTOR® | Discussion: No Comments »

BCS Calendar of Events

OCTOBER EVENTS

October 1-2 and 8-10 at 7:30 pm

October Texas A&M Ice Hockey – Lots of dates this month!

October 2 from 7pm to 8pm

October 2-4, 9-11 and 16-18 at 7pm on Friday and Saturday nights and 2pm on Saturday and Sunday afternoons

October 2 from 5:30pm to 9:30 pm

October 3 at 8am

October 3 from 10am to 4pm

October 10-11 from 10am to 6pm

October 12 at 11am

October 13 from 1pm to 4pm

October 15-18 and 22-25 at 7:30pm and Sunday at 2pm

October 17 at 3pm

October 17 at 2pm

October 17 at 6:30pm

October 20 at 11:15 am

October 20 from 7pm to 9pm

October 21 10am to 3pm

October 22 at 7:30pm

October 24 from 6:30pm to 9pm

October 27 at 7pm

October 27 from 7pm to 9pm

October 28 from 9am to 1pm and November 1 from 1:30pm to 3:30pm

October 28-29 at 7:30pm

October 30 at 6:30pm

PLAN AHEAD

November 7 at 9:30am

CONTINUING EVENTS

The entire month of October

Through November 2

Through August 2010

Have more ideas or things to do this fall? Let me know and we’ll help promote it too!

Posted by Sam Affanhe, REALTOR® | Discussion: 1 Comment »

2009 January-July Market Statistics

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!

Posted by Sam Affanhe, REALTOR® | Discussion: 2 Comments »

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