Dear readers,
One of my favorite annual reports came out today. In it, Texas A&M attempts to assign numbers to the impact our University has on the local economy. According to the report, released by Texas A&M Univeristy Marketing and Communications, "the in-house study authorized by Texas A&M President Elsa A. Murano shows that the university and other locally headquartered members of the Texas A&M System had a direct $1.3 billion impact on College Station, Bryan and the surrounding area during 2008-a direct increase of about $146.5 million compared to the previous year and the previous record.
Adding the impact of those dollars being reinvested throughout the region, the total impact is about $3.28 billion-nearly $366 million more than the prior record set in 2007."
Other highlights:
It's no wonder we enjoy such a good life here. Who knew that the little college south of Bryan would turn into a multi-billion dollar economic machine.
You can stay up to date on the latest College Station real estate market reports at my market report Website, MarketReports.SamWhiteRealty.com. We also post links relating to College Station & Bryan real estate and economic reports at facebook.SamWhiteRealty.com.
Convinced and ready to buy? Search all College Station and Bryan real homes listed with any broker at Search.SamWhiteRealty.com.
Blue skies,
Sam White
SamWhiteRealty.com
Dear readers,
This is just a quick note to mention two events occurring today.
First, as every Ag should know, the Texas A&M men's basketball team will tip off its opening-round game in the NCAA Tournament against BYU today at 1130 am, which is one of the earliest starts in the tournament. Local coverage is on KBTX-TV as well as www.CBSsports.com. Several of your favorite bars and restaurants are gearing up for the game. Go Ags!
Locally, the NCAA Swimming and Diving Championships run today through Saturday at the Texas A&M Rec Center Natatorium on West Campus. Prelims begin at 11am with finals at 7pm.
Finally, its just a beautiful day in the Brazos Valley. Get out and enjoy our parks and excellent spring weather.
Spring also brings buyers and sellers of student properties to College Station. Things have been picking up on both sides.
If you are considering selling a property valued at less than $150,000, its time to get it on the market, as we have been working with buyers every weekend this month. We have one of the most extensive and effective marketing plans in the business, as well as our own buyer clients. Learn more by contacting me at http://samwhiterealty.com/sellnow.html.
Parents and students, have you considered purchasing a College Station property for your stay at Texas A&M? We specialize in finding the best student housing for Aggies. Sometimes it makes more sense to buy. Find out more at Students.SamWhiteRealty.com or Parents.SamWhiteRealty.com.
You can also search all properties in College Station, Bryan and the Brazos Valley at Search.SamWhiteRealty.com, and view our latest College Station real estate market reports at MarketReports.SamWhiteRealty.com.
We'll see you out and about. Enjoy College Station's great spring weather.
Blue skies,
Sam White
SamWhiteRealty.com
Dear readers,
Raw numbers regarding the Bryan and College Station market were released this morning, indicating a decline in total monthly sales of almost 30% from February of 2008 and 2007. Total monthly sales in February 2009 were $15,736,430, compared with $22,342,476 in 2008, and $22,937,147 in February 2007.
Remarkably, February 2009 numbers are comparable to February 2006, when total monthly sales were actually lower at $16,286,059.
As always, I'll insert the caveat that these are raw numbers, and they may change slightly over the course of the week as they are studied more carefully.
You can expect the complete, February 2009 College Station Market report on my Website, MarketReports.SamWhiteRealty.com, on Thursday, along with the Broker's and Lender's Synopsis.
Subscribers to my monthly College Station Market Report Newsletter will receive the market report via email and rss feed on Wednesday evening.
You can also find daily, real estate news updates, as well as timely articles from the Texas Association of Realtors on MarketReports.SamWhiteRealty.com.
We may be seeing some spillover from the national paranoia caused by the world financial situation, but people will ALWAYS need to buy and sell homes. College Station didn't boom, and we ARE NOT going to bust. The Brazos Valley has a professional, dedicated, RESPONSIBLE group of Realtors and lenders that have been here for years, and will be here for years, to serve buyers and sellers.
DON'T PANIC!
Blue skies,
Sam White
SamWhiteRealty.com
Dear readers,
It is the first Friday of March, and spring has sprung here in the Brazos Valley. Combine the two, and there should be great turnout at First Friday in Downtown Bryan.
If you have already attended a First Friday event, you know how much fun they are. There is art, music, specials and happy hours. You will run into friends, and see some things that you didn't know existed in the Brazos Valley.
More information, including a list of activities and a map is located on the Downtown Bryan Economic Development Association Website.
There is a lot happening in downtown Bryan, much of it behind city walls. Watch for another blog coming soon about Fibertown, a visionary company that is making Bryan the high-tech crossroads of disaster recovery.
Interesting in living downtown and becoming part of the urban scene? You can search all Bryan & College Station homes at search.SamWhiteRealty.com.
Have a great Friday!
Blue skies,
Sam White
SamWhiteRealty.com
979.574.0626
Dear readers,
Today The Eagle, our local newspaper, has two articles of interest regarding Texas, the economy and real estate, both written by members of the Texas State Comptroller's staff.
The first article, written by Bruce Wright, headlines "State's housing market still sound," and is a good read.
"Thus far, Texas' housing market is relatively healthy, and the state has a good chance of avoiding the worst effects of the meltdown. But the landscape of corporate America has been altered in unprecedented ways."
Follow this link for the entire article: http://www.theeagle.com/business/State-s-housing-market-still-sound
The second article, by Michael Castellon, details "start-up" dollars and how they are helping Texas as the nation and world go through a downturn. The article can be found at http://www.theeagle.com/business/Texas-startups-boost-economy.
I read The Eagle daily and link to many of their articles. It's the least I can do. I want to support my local newspaper as they try to find an appropriate economic model.
Of course you can get detailed College Station market reports, as well as state and national real estate news at my Website, MarketReports.SamWhiteRealty.com.
Normally, I'd plug my facebook page, facebook.SamWhiteRealty.com, because it has been a great place to post revelant links and articles. Unfortunately, facebook is going through a major change this week and the page conversions aren't going very well.
Have a good Thursday.
Blue skies,
Sam White
samwhiterealty.com
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With 25 years of depth in the Brazos Valley, I provide quality, premium service and excellent communication. I'm happy to be promoting and supporting sustainability in our community.
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