SPACIOUS HOME IN SOUTHERN OAKS – $319,900 Reduced!

Come see this spacious Hill Country Home on 3 acres just outside Boerne in the Southern Oaks subdivision community. Very large home priced at a bargain at $95/ft. Sellers have made substantial improvements: Fresh paint in and out, wood floors in living, new roof (2010) etc. Home is very large with 4 beds, 2.5 baths plus office + game room + bonus room that needs finishing touches (just needs texturing and carpet). Master and office downstairs and 3 bedrooms up. Spacious Kitchen + porch for outdoor dining.

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Ceramic Tile downstairs. Nice views. Decks on 2 levels. Fully fenced back yard. Shows well. Reduced!  Great place to call Home!   830-995-2511

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HARD TO FIND “BUILDABLE LOT” IN COMFORT – REDUCED TO $39,000

Come check out this hard to find “buildable” lot in Comfort. End of road privacy and within walking distance of downtown and Cypress Creek.  Property is in the flood fringe area and requires raised foundation. Adjacent lot is built on … so you can see the possibilities.

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Lot is in Kendall County Water Control District so public water and sewer is available. Tap fee applies.  Minimal restrictions. Contact Julie for more information. 830-995-2511

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KENDALL COUNTY REAL ESTATE SALES SHOWING IMPROVEMENT – JAN-APR (2007-2011)

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Residential Real Estate Sales for the first 4 months of 2011 improved slightly over last year. 84 Sales vs. 81 last year. Also showing improvement was average sales price which increased from $314,055 to $319,152.

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2007 was the height of the market.  The market is currently down about 40% from that point.  Sales are taking more than twice the time to sell and are selling at a deeper discount from original list price than that time period.

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Thankfully, the sales curve is finally on an upswing. We have noticed that the number of distressed properties are decreasing. Inventory, however, is increasing daily.

It will be interesting to see how this year plays out … whether sales will grow stronger and eat up the inventory or whether inventory will not be absorbed and a “glut” by year end will create more distress situations.  We remain optimistic … but are ever watching the market to stay abreast of the situation.  For all of your real estate needs, give us a call.

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Spoken by Julie Kathryn Quest-Brooks | Discussion: No Comments »

REAL ESTATE SALES TREND ON ITS WAY BACK UP – KERR COUNTY, TEXAS

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Sales in Kerr County are finally on their way back up. The total real estate market is only at 52% of the market height in 2007 but is up 11% from last year. The average sales price increased slightly from $181,742 to $183,095.

It is our feeling that the market has not recovered as much as in adjoining Kendall County because there have been fewer “deeply discounted” properties. With so much on the market, buyers are looking for “deals.” If a property doesn’t “shine” next to its competition and truly feel like a “deal,” savvy buyers will pass for the next more appealing property. The moral: Property pricing is more important than ever!

Regardless, we are encouraged by the turn in the trend. We’d love to talk with you about YOUR real estate needs. Give us a call at 830-995-2511.

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Spoken by Julie Kathryn Quest-Brooks | Discussion: No Comments »

CREEKSIDE HOME ON HWY 87 JUST BEFORE FALLING WATER – REDUCED TO $389,900

Spacious Family Home between Comfort and Fredericksburg. Creekside with live springs, dam and bridge to original homestead into Falling Water. DSC01722Master and office/2nd bedroom downstairs and 2 spacious bedrooms and bath up. Grounds are very useable for horses, vineyard, etc. Large barn with 2 very deep garage stalls and large apartment (unfinished) above. Private gated entrance and HOA. DSC01719The home is set back making it very pleasant with special views. The creek features just adds so much! Call 830-995-2511 for your personal showing.

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Spoken by Julie Kathryn Quest-Brooks | Discussion: No Comments »

KERR COUNTY REAL ESTATE SALES ARE STILL SLOW – January to September 2010

Year to date (January to September) real estate sales are down for 2010 … $7 million from 2009 and a whopping $60 million from 2007.

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September sales were just about even from last year providing some hope that sales decreases may have begun to “bottom out.”

There are SOOO many properties on the market right now providing year end opportunities for investors with cash and home buyers “READY” to move.  We’d love to help you find what YOU are looking for. Give us a call at 830-995-2511.

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Spoken by Julie Kathryn Quest-Brooks | Discussion: No Comments »

JANUARY TO SEPTEMBER SALES UP IN COMFORT, TEXAS

Increases in sales of Farm and Ranch and Lots/Acreage provided the stimulus for total real estate sales increases in Comfort, Texas so far this year. Looks like hill country land is coming back in vogue again!

On the other hand, residential sales are down so far this year. As I quickly look through the residential sales so far in 2010 (14 so far compared to 16 last year during the same time period), I am reminded that many of them were at deep discounts from original list price. The average list price to sales price ratio was 88.4%

ComfortJantoJune0910As for the outlook for THE ENTIRE HILL COUNTRY for the balance of the year, here are some things to consider:

Tax rates are set to increase next year. Current land owners: This year may be an opportune time to realize gains on real estate at lower tax rates.

There is currently a “glut” of residential properties on the market.  Since there is so much competition, homes that are “average” just aren’t selling.  Prices are being reduced time and time again in order to get market attention. As such, we believe that by end of year there will be some great “buys” on homes that need a little TLC.

We’d love to serve you whatever your real estate needs are.  We work from Leon Springs to Mountain Home, Bandera to Johnson City.  Give us a call!

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Spoken by Julie Kathryn Quest-Brooks | Discussion: No Comments »

Fredricksburg Food & Wine Fest

Toast to Texas Join the experience in downtown Fredricksburg at the Marktplatz ( 100 block of West Main Street).  October 23 , 2010 Fredricksburg Food and Wine  Fest will be celebrating  20 years this of this event. Enjoy the fall weather and  some of the fine tastes of  Texas food, wine, music, shopping and more. This event is from 12pm to 7pm. Adult tickets are $20 (under 21) $5 (12-under) Free.  Get started planning your trip and have fun!grapes

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SLIGHT INCREASE IN REAL ESTATE SALES IN KERR COUNTY FOR FIRST 5 MONTHS OF THE YEAR

So far this year, Real Estate sales in Kerr County are slightly up from last year; however, way down from 2008.  Total sales in Kerr County for January to May 2010 totaled $33.8 Million.  There were 186 sales.

JanMaySalesKerrThe average home price in 2008 was $220,921; in 2009, it was $223,123, and in 2010, it was $199,996.  Those figures, in our opinion, represent what we have been seeing happen.  In 2008, sales were still strong and prices were at their height.  In 2009, sales were off, but prices were not coming down like one would expect.  During 2010, prices are definitely lower.  We have been telling our clients that prices are down by about 10%.  These figures substantiate that information.

We feel like it is a really good time to buy.  Prices are down and interest rates are still low.  If you have been sitting on the sidelines waiting for the right time, now is the time to jump in!  Give us a call. We’d love to help you find what YOU are looking for.

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Spoken by Julie Kathryn Quest-Brooks | Discussion: No Comments »

FUN PICTURES FROM YESTERDAY’S SNOW IN THE HILL COUNTRY

Here are a few pictures from yesterday’s snow:

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Tailgate Party in the Hill Country with Frosty

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Snow Chilled Longhorn

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