Bryan and College Station Real Estate News

"The State" of College Station Real Estate

  

  

 delicious  

  

Make no bones about it, last year was a challenging year for College Station real estate.  It started strong with the first time homebuyer tax credit fueling a last minute surge in inexpensive homes.  When that wrapped up April 30th (the day buyers had to have their College Station home under contract) the real estate offices in College Station became virtual ghost towns.  There were a few buyers out there looking and the few that were immediately sensed their advantage and got some excellent deals. 

Before last year we were safe in our little cocoon sheltered from the world of declining real estate values and angst over sales at least in the 200K and below market.  The 300K and above market has been tough for some time.  April 30th heralded in a long summer with few sales and more inventory than ever. 

If you want to place your College Station home for sale you need to remember that the competition is fierce.  Good no longer suffices as far as condition.  Great takes the day...Great homes in College Station still sell fast and for very good prices.  Good condition means that your property will be on the market for quite some time and you will most likely get a very low offer on it.

If you are a seller don't despair.  We are starting to see an upsurge in buyers finally.  Once this takes hold we should see a declining inventory and more of a balanced market.  If you are a buyer the take away on this one is that if you want to save the maximum amount of money on your new College Station home you need to move now.

for more information call or email me today!