Jeff Leatherwood
Broker/Realtor®
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Market Trends Category
Bryan College Station Real Estate Market Report January 2010
February 25th, 2010 Categories: Market Trends
2009 was a rough year for most of us, whether we were in real estate, stocks, retail business… Real estate for January 2009 was down 24% in sales compared to the 2008. That was a scary start for the year. 2010 did not start off much different from 2009 but without an additional drop!
January 2010 compared to January 2009 is only up 2% in sales. Being up 2% in sales is great, but remember we are comparing it to a year where we were down 24% from the previous year. Thankfully, we have all learned to cut back on our expenses and have learned to live “within our means” and “within our market”. January 2010 was not a record month but we are also thankful we didn’t have another “Down” month. We started off the year POSITIVE!
When 2009 started we had less inventory – properties available to sell. We started the year off 4.6% less than 2008. Starting 2010 we are way up. We have 17% more inventory this January than we did in 2009, but there were fewer new homes put on the market this January than in 2008 or 2009. So, there are more homes on the market available but fewer new ones on the market… so more homes are staying on the market longer. There are over 100 more houses available to choose from than in 2009 so if someone is looking – NOW IS THE TIME!
Note that the information above is the Bryan College Station total market – it is NOT what is happening at Century 21 Beal. Century 21 Beal has increased market share in both sales and new listings compared to 2009 and we are off to a GREAT year! Want to see our Bryan College Station Real Estate Market Share numbers and what other companies around town are doing? Click on the link!
Susan
Susan Hilton – Realtor & Sales Trainer for Century 21 Beal
Want to Search the Bryan/College Station Real Estate MLS? CLICK HERE!!!
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Bryan College Station Real Estate 2009 Market Summary
January 25th, 2010 Categories: Market Trends
2009 SUMMARY
Bryan/College Station Real Estate
Market Statistics
2009 was quite a year! We started off 2009 with January about 24% behind the previous year. We were all concerned that Bryan/College Station might follow the rest of the nation into the recession. Then February came and we were even further behind. We didn’t know what to expect the rest of the year but it sure didn’t look good.
The first quarter was really poor and then April and May turned into months 20% & 27% behind 2008.
Then we started seeing the turn. June was only 2% behind. We were SO happy that we were seeing less of a loss. Compared to the rest of the world a little loss was a good thing. When October and November rolled around we were SOOOOO excited! We actually saw increases over the prior year.
Yes, 2009 ended 12% below 2008, but compared to the rest of the nation, we did just fine. We sold fewer homes, but we did not see a significant decline in sales prices – just fewer people moving. I’m still SO glad we live in Bryan/College Station!
Are you thinking about selling in 2010? It may take a little longer to sell depending on the market segment you are in, but we need to look at it earlier than normal. Call me and we can review a Market Timing Analysis so Read the rest of this entry »
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College Station Real Estate Market Update Jan – June 2009
July 21st, 2009 Categories: Market Trends
Bryan/College Station Real Estate Market Statistics
January – June 2009
How is the real estate market changing in Bryan College Station? June was great again this year! Considering what has been going on in the rest of the country we had a remarkable number of sales in June! Hope you were one of the MANY to take advantage of the slower real estate market and the $8,000 tax rebate this month.
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!
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Barracks Townhomes Builder Spotlight: Superior Structures
February 23rd, 2009 Categories: Market Trends
For more information on Superior Structures, The Barracks Townhomes, or any other College Station Real Estate, Please Contact Jeffrey Leatherwood at Leatherwood@century21.com Jeff@superiorstructuresbcs.com or vist www.BuyAggieland.com
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Barracks Builder Spotlight: New Vision Custom Homes
February 22nd, 2009 Categories: Market Trends
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Barracks 4 Bedroom Floorplan
February 20th, 2009 Categories: Market Trends
The 4 bedroom, 3 bathroom floorplan is one of the 4 exclusive floorplans available at the Barracks. Each carpeted bedroom comes with a huge walk in closet, complete with shelves for extra clothing and shoes. Each private bathroom includes a garden bathtub. This 4 bed, 3 bath, 2 story floorplan includes a spacious living room and a remarkable kitchen with a complete appliance package and granite countertops. Each unit includes a washer and dryer.
To see a unit or to have any other questions answered, please contact Jeff Leatherwood at (979)255-2788 Leatherwood@Century21.com Jeff@Barrackstownhomes.com or vist www.BuyAggieland.com
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Planning an Appeal
February 15th, 2009 Categories: Investment Property, Market Trends
BRYAN, TX — So your property value drops in a shrinking economy. What can
Property Tax Assessment
you do? Make sure that your tax value is decreasing, as well. Brazos County mails out estimates for the year 2009 in June. That’s four months away, you exclaim. Yes, plenty of time to investigate your property’s current market value and to prepare your tax appeal, I say.
Your case for a request to lower the property’s value is not simply based on your feelings about higher taxes. You’ve heard Benjamin Franklin say it – in this world nothing is certain but death and taxes. So don’t be shocked to find yourself in a recession and asked to pay Read the rest of this entry »
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Builder Spotlight- New Vision Custom Homes
August 14th, 2008 Categories: 1, Market Trends
Thinking of building a Custom Home???
In the market for quality new builder construction in College Station at affordable and competitive prices?
Look no Further. New Vision Custom Homes LLC. has been building quality custom homes in the Brazos Valley for 8 years, and been consistently knocking 
out competitors in both price and quality on every deal.
New Vision specializes in Castlegate Communities (Click Here for Tour), Castle Rock, and is building Spring Creek Gardens Phase 3 (Click Here for Tour). Specs start in the $130’s and all include Granite Countertops, Fully sodded fenced yards, sprinkler systems, crown moulding, and countless designer touches.
New Vision can also build any quality new builder construction custom anywhere in College station or surrounding areas!!! Call Jeffrey Leatherwood today at 979-255-2788 for details.
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Is The Real Estate Market Crashing???
April 19th, 2008 Categories: Market Trends
Not here in Bryan College Station! We are experiencing our tried and true strong steady appreciation that we’ve seen for decades.
All over the news the economy is devastating and home prices are “Tanking”.
Not here in Bryan College Station, or the entire Brazos Valley for that matter. In a recent local market assessment we were able to determine at least moderate appreciation in every price range available here in BCS for the past two decades!
Numbers aren’t out yet but this summer seems to forecast exceptionally strong sales. Just this past week I personally entered into 3 separate “Multiple Full Price Offer” scenarios on 3 separate houses, in 3 separate price ranges, with 3 separate clients!!!
Why are we so strong??? Along with the economic fortitude of Texas A&M University and our growing Local Technology industry, we are strengthened by out of area investors. Everything from investors from Oman to Aggie parents buying houses for kids. Read the rest of this entry »
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Homeless Aggies!!!
March 27th, 2008 Categories: Market Trends, Texas A&M University
Much angst and uncertainty has developed in anticipation of city review of an attempt to limit the number of unrelated people living together in one College Station residence.
Late next month the City of College Station is set to take up the issue of whether to pass a city ordinance restricting the number of unrelated people living in a single family dwelling. Student interest groups are already rallying against this action, even going so far as to create an online interest group boasting “BTHO Housing Ordinance — GIG THE VOTE!…” Read the rest of this entry »
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