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Susan Hilton Texas Aggie Real Estate College Station Bryan Texas Real Estate

Why Buy Rather Than Rent in College Station, Tx?

Ever wondered why we should purchase homes in College Station and Bryan rather than rent? Is there really a benefit to purchasing?

I think there are a couple things to consider when deciding -

  • Financial
  • Stability

Financial -

We all know that purchasing a home can be an investment for the future. At least when purchasing, the monthly payment is applying to something you will own at the end rather than something someone else will own. Normally homes increase in value (they are continuing to increase in the Bryan/College Station area even though other parts of the country are NOT having the appreciation we have). So, your investment should be worth more than you paid for it many years later. If your home doesn't go up in value (appreciate) remember you will have "Forced Savings" (your monthly payment) that helps pay down the balance due on the home loan.

Each month you make your house payment you are reducing the amount owed on the home (if not, call me and I'll put you in touch with a lender who can make this happen!). When you pay rent you are paying someone else's house payment for them. You are making THEIR investment portfolio grow rather than yours.

As you pay down your loan, when you sell and collect the equity (difference between what you get for the home and what you still owe on it) you could move up to a larger home, use it for the kid's college fun, have money for retirement or..... remember it is YOUR choice!

Also you currently have a powerful tax benefit. Unless the laws are changed, you can deduct the interest on a typical home mortgage and the cost of the property taxes! I LOVE it when I can deduct from my income taxes -

Security -

To me, Security is the best part of home ownership. I don't have to worry about the landlord changing his mind and selling the property and me having to move. I don't have to worry about if my lease will be renewed. I don't have to wonder what my house payment will be next year (as long as I have a fixed rate loan). I know that if I make my house payment each month, the house is MINE to live in. My children have a home. I can have pets, remodel, plant a garden, redecorate and no landlord can tell me how to do it or what I can or cannot do. My family can put down roots in a neighborhood in a way very different from someone who is renting.

Give your family the gift of Security. Give them the gift of Home Ownership!

And, you may can also take advantage of the $8,000 tax credit from the government too!

7410-6x24-i45-coro

Susan Hilton - Realtor & Sales Trainer for Century 21 Beal

Want to Search the Bryan/College Station Real Estate MLS? CLICK HERE!!!

979-764-2100

Selling a home in Bryan or College Station, Texas or other location in the Brazos Valley is heavily dependant on pricing your home properly and picking an agent that will create an "online market presence" for your home. As a home seller, you need to be aware that the market in Bryan College Station and many other Texas communities has changed over the last three and a half years. We are no longer in a strong seller's market.

When selling a home in Bryan College Station, Tx, it pays to have a pro in your corner representing you. It pays to hire a well educated, top professional at Century 21 Beal.

** 85% of all buyers are finding their homes on the Internet. Is your Bryan College Station home being advertised on the web? If you are with CENTURY 21 Beal it sure is!

Want to read MORE like this? Start here for info on College Station Real Estate!

So How Big Is Texas Really?

Texas is the largest state in the continental United States. (Of course Texans will also say that Texas is bigger than Alaska if you melted all their snow!welcometotexas250)

Texas covers 268,000 square miles which is 7.4% of the nation! If you added up New England, New York, Pennsylvania, Ohio AND Illinois... Texas is still Bigger! The airport at Dallas (DFW airport) is bigger than Manhattan!

Of the top 10 most populated cities, Texas has 3! Houston, Dallas and San Antonio.

Wonder which state has the largest population growth rate of any state in the US? TEXAS of course! Texas is growing by over 1,000 people a day.

Wonder which state has the #1 fastest growing metro area in the nation? TEXAS of course! The Dallas/Fort Worth metroplex wins.

In the Texaplex (triangle connecting Houston, Dallas and San Antonio) we have the majority of the population. In fact over 70% of the state's population lives within 200 miles of Austin (the capital of Texas). That means that 4 out of 5 of the 24 million Texas live in the Texaplex!

And, Texas is growing very fast. Forecasts tell us that the Texaplex will add another 12 million people by 2030. That is like taking the current Texas population and adding another Houston metropolitan area, Austin metropolitan area and Dallas/Fort Worth metropolitan area and San Antonio metropolitan area all inside the Texaplex.

So if you could live anywhere in the United Stated (and you CAN!), where would be the BEST place to live? College Station, TEXAS of course! College Station is in the middle of ALL THIS GROWTH!

Susan Hilton

Susan Hilton - Realtor & Sales Trainer for Century 21 Beal

Want to Search the Bryan/College Station Real Estate MLS? CLICK HERE!!!

View Susan Hilton's LinkedIn profileView Susan Hilton's profile

Selling a home in Bryan or College Station, Texas or other location in the Brazos Valley is heavily dependant on pricing your home properly and picking an agent that will create an "online market presence" for your home. As a home seller, you need to be aware that the market in Bryan College Station and many other Texas communities has changed over the last three and a half years. We are no longer in a strong seller's market.

When selling a home in Bryan College Station, Tx, it pays to have a pro in your corner representing you. It pays to hire a well educated, top professional at Century 21 Beal.

** 85% of all buyers are finding their homes on the Internet. Is your Bryan College Station home being advertised on the web? If you are with CENTURY 21 Beal it sure is!

So How Big Is Texas Really?

Bryan College Station Real Estate February Single Family Market Report 2009

Single Family Real Estate Monthly Market Stats

February 2009

2009 2008

# Listings in Inventory 1, 188 1, 351

Down - 12.1%

# Closed Sales 91 132

Down - 31.1%

Average Sales Price $172,928 $169,261

Up - 2.2%

# Volume $15,736,430 $22,342,476

Down - 29.6%

Days on Market 130 126

So what is really going on in the Bryan/College Station real estate market? The numbers don't look good but what you see above is the effect of the fear in the market in November, December and January with the elections, stock market decline and horrible national news. We are in a bubbled community but we still see some of the effects of the national news.

So what is going on right now? It depends! We are seeing the higher priced homes being reduced to get them sold. We are seeing the homes in the $120 - $150K in College Station that are in good condition and good areas, selling right away. Right now we have more buyers than we have good properties to sell.

Financing is a little more of a struggle than it was a year ago BUT THERE IS MORTGAGE MONEY AVAILABLE! Buyers need decent credit and they need a small down payment but that can come in the form of a gift until the $8,000 tax credit is received!

The last 2 weeks we have seen the stock market begin back up, the phones ringing, buyers buying and sellers selling.... I vote we don't listen to the national news anymore! Real estate is LOCAL and NOW is the time to move up to a nicer home!

College Station Real Estate Market Trends

For more information about the NEW HOMEBUYER $8,000 Tax Credit - http://susanhilton.com/2009/02/27/ready-to-file-for-you-first-time-home-buyer-8000-credit-in-college-station/ and http://susanhilton.com/2009/02/26/help-do-i-qualify-for-the-8000-tax-credit-in-college-station/ and http://susanhilton.com/2009/02/24/buy-a-home-in-college-station-and-get-8000-back/ Call me to take advantage of today's real estate market!

Susan Hilton 979-219-3970

College Station Texas WINS Again!

lynntech2The Real Estate Research Center's Recon Report on March 13, 2009 announced that Lynntech will be consolidating its operations and will become the new tenant of the former Westinghouse property at 2501 Earl Rudder South. The former Westinghouse property will be purchased by College Station Science Park LLC with Lyntech as the anchor tenant.

The plan is to redevelop 53 acres surrounding the facility as a science park "supporting scientific innovation and technology transfer." They plan to pay $3M for facility improvements while adding more than $2M a year in payroll. A three year term loan was provided to Lynntech by the Research Valley Partnership from its sconomic development fund for property improvements.

We are all looking forward to Lynntech's move to the new facility!

Susan Hilton

Susan Hilton - Realtor & Sales Trainer for Century 21 Beal

Want to Search the Bryan/College Station Real Estate MLS? CLICK HERE!!!

View Susan Hilton's LinkedIn profileView Susan Hilton's profile

Selling a home in Bryan or College Station Texas or other location in the Brazos Valley is heavily dependant on pricing your home properly and picking an agent that will create an "online market presence" for your home. As a home seller, you need to be aware that the market in Bryan College Station and many other Texas communities has changed over the last three and a half years. We are no longer in a strong seller's market. educated, top professional at Century 21 Beal.

When selling a home in Bryan College Station, Tx, it pays to have a pro in your corner representing you. It pays to hire a well educated and active agent.

** 85% of all buyers are finding their homes on the Internet. Is your Bryan College Station home being advertised on the web? If you are with Century 21 Beal, it sure is!

Texas Has the TOP 5 Healthiest Real Estate Markets!

Texas is rated with the Top 5 Healthiest Real Estate Markets out of 75 by Boyce Thompson with Hanley Wood Builder Market Intelligence and the top 5 cities are all around Bryan College Station! The report states that when the real estate market recovers the cities below are in a prime position to recover the BEST! The report used the top 75 real estate markets (Bryan College Station was too small to be included in the survey otherwise I'm sure we would have been rated #1!)

#15 - Myrtle Beach, FL

#14 - Wilmington, NC

#13 - Charlott, NC

#12 - Denver, CO

#11 - Nashville, TN

#10 - Washington, DC

#9 - Fayetteville, AR

#8 - Indianapolis, IN

#7 - Seattle, WA

#6 - Raleigh, NC

#5 - Dallas, Tx

#4 - San Antonio, Tx

#3 - Fort Worth, Tx

#2 - Austin, Tx

#1 - Houston, Tx

Isn't it great that the Bryan College Station real estate is surrounded by the top 5 real estate markets poised for a great increase during the upcoming real estate rebound! Looks like more growth around Texas A&M University TOO!

Susan Hilton

Susan Hilton - Realtor & Sales Trainer for Century 21 Beal

Want to Search the Bryan/College Station Real Estate MLS? CLICK HERE!!!

View Susan Hilton's LinkedIn profileView Susan Hilton's profile

Selling a home in Bryan or College Station, Texas or other location in the Brazos Valley is heavily dependant on pricing your home properly and picking an agent that will create an "online market presence" for your home. As a home seller, you need to be aware that the market in Bryan College Station and many other Texas communities has changed over the last three and a half years. We are no longer in a strong seller's market.

When selling a home in Bryan College Station, Tx, it pays to have a pro in your corner representing you. It pays to hire a well educated, top professional at Century 21 Beal.

** 85% of all buyers are finding their homes on the Internet. Is your Bryan College Station home being advertised on the web? If you are with CENTURY 21 Beal it sure is!

Read the rest of this post and other posts like this at http://susanhilton.com!