FUN PICTURES FROM YESTERDAY’S SNOW IN THE HILL COUNTRY
February 24th, 2010 categories: Comfort Community News, Views & Faces
Here are a few pictures from yesterday’s snow:
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KERRVILLE REAL ESTATE SALES DOWN FOR 2009
January 6th, 2010 categories: Assessing the Local Market
Not surprisingly, real estates sales were down in the Kerrville area during 2009. There were 442 sales in 2009 totalling $80.013 Million as compared with 512 totalling $99.687 Million in 2008. Average days on market increased from 174 days in 2008 to 188 in 2009 and Average List/Sold Price declined from 94.33% in 2008 to 92.33% in 2009. Overall, the market was down 20% for the year … No surprise given the economic slowdown last year.
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2009 VARSITY FOOTBALL SCHEDULE – KERRVILLE TIVY ANTLERS
August 14th, 2009 categories: Local Events
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KERRVILLE AREA SALES – OCTOBER
November 6th, 2008 categories: Assessing the Local Market
Sales in the Kerrville area were WAY down during October. Total sales in the entire Kerrville MLS totalled $21.06 Million last October. This year, they were $12.42 Million.
The percentage decreases according to each category were as follows:
As was also seen in the Boerne area (see ARTICLE: BOERNE SALES IN OCTOBER), the Average Residential Sales Price increased ($199,413 in October, 2007 to $231,557 in October, 2008). This was NOT due to an overall increase in the market but RATHER to an increase in the value of the homes that ARE selling. The conclusion: There are fewer buyers in the lower price ranges. Not surprising given the tightening in the financial markets. Stricter guidelines, higher downpayments, and higher credit scores are now being required and that is affecting the lower priced homes the most.
For opportunities in the overall market, read my article, CONSEQUENCES OF THE BAILOUT – REAL ESTATE OPPORTUNITIES.
Just remember, in every market there are opportunities. We are seeing more and more of them each week and anticipate by the end of the year, there will be a large number of them.
If you are interested in the Kerrville/Center Point/Comfort/Boerne markets, please give us a call (830-995-2511). We’d love to hear what it is that you are looking for you and then help you find it.
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