I have seen the firecracker stores popping up around the rural areas so it kinda feels like the Fourth of July is almost here, but in a lot of ways it doesn’t. Real Estate in the Houston are is moving, but safely. July is going to be a hot and interesting month. I am hoping that everyone got their property tax dispute filed. The media was too busy talking about Corona to help remind the public and provide a much needed PUBLIC SERVICE ANNOUNCEMENT. I hope that you and yours stay safe during the holiday which happens to fall on a Saturday this year, that’s fun. Please reach out to me if I can help you to….
Creating Moments for Buyers and Sellers # 33846 Learn how to identify and Celebrate Client centered WOW moments to establish a culture of “ABOVE AND BEYOND” customer service that encourages past clients to openly refer family and friends for many years to come…in this DYNAMIC 3-hour elective class taught by Scott Culberson #4547 an independent instructor for Lloyd Hampton Real Estate Education #09844
LOCATION:22477 Soaring Woods Ln, Porter, TX 77365, USA
Seller’s Market up to $900,000. Strong Seller’s Market up to $500,000
August Listings Under Contract were UP 25.9% compared July 2018
Year To Date Listings Under Contract = UP 12.2%
Low-Low Mortgage Rates
1 in 4 new listings were placed Under Contract in 10 Days Or Less
2 in 5 new listings were placed Under Contract in 31 Days Or Less
Average Days On Market before placed Under Contract = 58 Days
Median Number Of Days On Market before placed Under Contract = 40 Days
Median List Price placed Under Contract = $387,000
Average List Price placed Under Contract = $549,000
Q. Why is the market UP 12.2% year-to-date compared to than last year?
A. Our real estate market is fueled by a bundle of positive external stimulus factors.
Positive economic growth.
Job growth and low unemployment.
Stable oil prices.
Positive consumer confidence.
Corporate-relocation moving people in and out (like an Exxon/Mobil).
Excellent mortgage rates in the historically low 3% range.
All positive External Stimulus Factors are in place. Our real estate market is healthy and gaining strength.
Buyers. . .
It’s a Seller’s Market below $900,000, keenly competitive for buyers below $500,000.
When you find what you love, move fast.
Mortgage rates are at their lowest in years = More Home, Lower Payments!
Sellers. . .
While market conditions below $900,000 are strong, no matter the price, one fact remains, half hearted selling-efforts will fall flat faced. This is especially true as we enter a Seasonal-Slower Fall and Winter.