SPACIOUS HOME IN SOUTHERN OAKS – $319,900 Reduced!
June 24th, 2011 categories: Featured Properties
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.
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
May 24th, 2011 categories: Featured Properties
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.
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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REAL ESTATE SALES TREND ON ITS WAY BACK UP – KERR COUNTY, TEXAS
May 11th, 2011 categories: About the Local Market, Assessing the Local Market
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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JANUARY TO SEPTEMBER SALES UP IN COMFORT, TEXAS
September 14th, 2010 categories: About the Local Market, Assessing the Local Market
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%
As 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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Fredricksburg Food & Wine Fest
September 9th, 2010 categories: Places to Go & Things to Do
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!
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SLIGHT INCREASE IN REAL ESTATE SALES IN KERR COUNTY FOR FIRST 5 MONTHS OF THE YEAR
June 4th, 2010 categories: About the Local Market, Assessing the Local Market
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.
The 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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KERRVILLE REAL ESTATE SALES DOWN FOR 2009
January 6th, 2010 categories: About the Local Market, 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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SLOW MONTH IN BOERNE – OCTOBER REAL ESTATE SALES
November 6th, 2009 categories: About the Local Market, Assessing the Local Market
Real Estate sales were slow during the month of October in Boerne. Sales totalled $7,434,930 as compared with $10,831,320 in October 2008 and $11,840,353 in October 2008.
It would seem that we are still experiencing negative growth here in the Hill Country. We have heard many economists predict that since the downturn was felt much later here than the nation as a whole (and certainly much less severe), it is likely that the upturn will be felt later as well.
Certainly there is much more activity though. We are hopeful that that will translate into more sales for the upcoming months. We’d like to here your predictions. Feel free to comment.
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BOERNE SALES UP FOR JUNE, SLIGHTLY DOWN FOR JULY
August 3rd, 2009 categories: About the Local Market, Assessing the Local Market
Boerne Real Estate Sales are up for the Summer so far. Total Sales for June & July were $29.9 million as compared with $25.7 last year during the same period.
The number of total sales for June & July was up by 7; however, days on market increased from 138 to 200 from July, 2008 to July, 2009 reflecting increased inventories. Pending sales as of August 3, 2009, total just over $11.2 million.
We watch the Boerne market daily. If you have something specific that you are interested, we’d love to help you find what you are looking for.
Recently, we were contacted by a gentlemen. He had previously been in contact with a listing agent on a property, tried to make an offer, but did not get the property as there were competing bids. The moral of the story (as he found out) is that Buyers need their own representation. It eliminates conflicts of interest and it provides you, the buyer, with the best market information possible.
Our goal is to EXCEED YOUR EXPECTATIONS BY GIVING YOU ABOVE & BEYOND SERVICE.
We’d love to visit with you. Call us at 830-995-2511.
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KERR COUNTY REAL ESTATES SALES – SUMMER SO FAR ABOUT EQUAL TO LAST
August 3rd, 2009 categories: About the Local Market, Assessing the Local Market
Real Estate Sales in Kerr County during the month of July slowed a bit. Sales amounted to $11.1 Million as compared with $13.5 Million a year earlier, down from June’s increase.
It would seem that the Kerr County market is continuing to adapt to the changing, slower market as we take a closer look at other available data. List/Sales Price decreased from 95% in July, 2008 to 93% in July, 2009 meaning that buyers are still getting better deals, overall. Inventory, which as been very high (there were 1121 Active listings as of July 31, 2009 as compared with 923 a year earlier) is finally seeing some improvement. Days on market, a number that tells us how long it takes an average property to sell, decreased from 168 in July, 2008 to 152 in July, 2009.
Our Motto is “Connecting Buyers & Sellers for a Win/Win Result”. We work hard to bring YOU the results you want! Ask us , we’ll tell you how! We can be reached at 830-995-2511.
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