Texas A&M University

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As we begin another year, everyone wants to know: “Where is the housing market headed in 2019?”

It’s not only buyers, sellers, and homeowners who are impacted. The real estate market plays an integral role in the overall U.S. economy.  Fortunately, key indicators point toward a stable housing market in 2019 with signs of modest growth. However, shifting conditions could impact you if you plan to buy, sell, or refinance this year.

HOME VALUES WILL INCREASE

A continual rise in real estate value is where our market’s headed. Freddie Mac predicts housing prices will increase by 4.3 percent in 2019.1  While the rapid price appreciation we witnessed earlier in the decade has slowed, several factors continue to push prices

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1725 Harvey Mitchell Pkwy S, Unit 1912

College Station, TX 77840


Fully leased 3 bedroom, 3 bathroom condo in the Woodlands of College Station


Well maintained, freshly painted, FULLY LEASED $1695 INVESTMENT PROPERTY, 3 bedrooms & 3 full Baths. Huge bedrooms+individual bathrooms. The breakfast area provides for an eat-in kitchen that opens to the oversized living room area – great space for entertaining. You must see this one! This location when comparing to others in this community is top notch! Across the street from the newly updated club house & steps from the community shuttle that drops off at the Aggie Bus Stop. The amenities – resort style community pool with sun deck, fitness center with weight room,

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It’s important that whomever you hire to sell your home studies our current market data, like the statistics released in December 2018.  As I’ve mentioned before, my time in undergraduate studies was devoted to the sciences.  What that means for you is when we work together, I will use the latest information available.

 

Here are the statistics for November in 2018:

  • Median price of homes INCREASED 9.5% compared to this time last year, to $218,950
  • Inventory is UP 21.1% compared to 2017
  • Percentage of closings is UP 2.7%
  • Number of days on Market UP vs 2017 (105 in 2018 vs 98 in 2017)
  • Months of inventory INCREASED to 4.6 months (vs 3.8 in 2017)

In summary, properties are appreciating; do not

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Century Square

From the desk of Mae Nowak, Realtor®

If you haven’t been back to College Station in a while, A LOT has changed! The community continues to grow with exciting new developments. One of those changes is Century Square, a 60 acre development that sits adjacent to Texas A&M on University Drive. The destination is the first walkable, urban mixed use environment in the Brazos Valley.

Whether you live locally here in College Station or in the surrounding cities, this is one destination you definitely want to check out! It features retail shops, restaurants, Class-A office space, green spaces for entertainment/events, star cinema grill, a luxury apartment complex, and 2 full service hotels. 

For those coming in for

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25 by 25 Initiative

From the desk of Mae Nowak, Realtor®  

Have you heard about 25 by 25 and it's effect on our real estate market? The 25 by 25 initiative began as a response to a national calling for more engineering graduates. As of Fall 2017, there were 19,378 students in the College of Engineering. 25 by 25 aims to increase the program enrollment to 25,000 by Fall of 2025. That's an increase of 5,622 students. Part of the growth will be increasing physical enrollment and the other part will be on ensuring the current students are successful and remain in the Engineering program.

So how will they do it? The graph below shows where the college intends to promote growth to reach their goals. The current retention rate

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You have probably noticed the large development project along the east side of EARL RUDDER FREEWAY at Sebesta 

It has been personally confirmed with two different sources that the construction will be a Mercedes Benz Dealership as well as the new location for Brazos Valley BMW.

The site work has been developing for many weeks now.  In the past few days, steel has been erected.  Recently I spoke with Madison from the City of College Station Planning and Development Department to discover a few of the building projects going up in our neighborhood.   Madison was kind enough to share that the construction along the east side of Earl Rudder Freeway is slated to be a Mercedes Benz Dealership.  Searching online, I located an

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3352 General is located in the Barracks - this one-owner, 3 bedroom, 3 bathroom townhome is a coveted corner unit with an extended concrete patio and backyard! The location is incredibly convenient; only 3 miles from Texas A&M, on the TAMU bus route and close to all amenities in the Barracks! Some great features include granite countertops, stained concrete floors, carpet only in the bedrooms, and all bedrooms with walk-in closets and their own full bathrooms. Large Kitchen with eating bar. The Barracks amenities feature a cable wake-boarding lake, lazy river, sand volleyball courts, fenced dog parks, an outdoor fitness park, game park, pools & so much more! You don't want to miss out on this property!

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Tips for Updating the Look of an Older Home Using Lighting

 

    When I was a young man, I remember most of the lighting used in homes was either indirect, by table lamps or hanging light fixtures. Although these forms of lighting had a sense of beauty, they were a poor source of washing painted wall surfaces and getting a sense of the true paint color. They were also difficult to read by unless one was right by the fixture which was hot and uncomfortable.

 Today, modern media such as computer screens and LED televisions in our homes are much easier on our eyes if we use the proper type of lighting to illuminate the room. One can give a stunning new look and feel to an older home by adding recessed lighting. Many times,

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 A common question sellers ask when I’m touring their house during the home evaluation is “Why should I choose you?”.  It’s a fair question, and arguably the most important question they should ask when we’re meeting.  So why should a seller choose me?  Well let’s take a look:

-       Heavy social media presence – Between my own online profiles and those of TM5 Properties, we have a reach of more than 6,300 followers.  That’s more than any others in town!  So when I market your home, I’m not just posting the listing to a couple other websites, I’m also immediately communicating with a huge pool of potential buyers.

-       Back to back Aggie 100 recipient – This prestigious reward is given to the top 100 fastest

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This week's neighborhood spotlight shines on one of the premiere BCS neighborhoods: Traditions!

 The Traditions neighborhood has so many great things to offer its residents. From the Jack Nicklaus designed golf course and accompanying club house to it's beautiful  tree-lined winding streets, Traditions is perfect for anyone looking for a picturesque place to home. With the new arrival of the Atlas Lake Walk and Stella Hotel, there are exciting community activities within walking or biking distance to every home in this neighborhood!   The best thing about the Traditions area is that they offer many different housing type to choose from. Looking for an Aggie gameday retreat? You have game day cottages, casitas and…
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