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Pearland Texas Real Estate

Maggie McFarland,Pearland realtor, Pearland Texas Real Estatate,mls,agent: Real Estate Agent in Pearland, TX

Pearland Texas Real Estate market shows to be a strong market in May 2009! Houston Association of Realtors reported 127 homes sold in the month of May. The even better news is there are 226 pending sales as of June 2, 2009.

Number of Properties sold in Pearland Texas: 127
( Average Sales Price / Average SqFt ) : ( 188406 / 2408 ) = $ 78.24
( Average Adjusted Sales Price / Average SqFt ) : ( 185837 / 2408 ) = $ 77.17

Thinking about buying or selling Pearland Texas Real Estate

Contact Maggie McFarland - RE/MAX One - 281-412-2022

Visit Maggie McFarland on the Internet at TheHomeSourceOnline.com

Shadow Creek Ranch In Pearland

Maggie McFarland,Pearland realtor, Pearland Texas Real Estatate,mls,agent: Real Estate Agent in Pearland, TX

Shadow Creek Ranch in Pearland showed strong home sales for May 2009. There were 20 reported sales through Houston Association of Realtors. Right now Shadow Creek Ranch has 43 pending sales. It is an exciting time in Real Estate, especially in Shadow Creek Ranch in Pearland.

Number of Properties: 20 SOLD in Shadow Creek Ranch in May 2009
( Average Sales Price / Average SqFt ) : ( 216586 / 2636 ) = $ 82.16
( Average Adjusted Sales Price / Average SqFt ) : ( 213108 / 2636 ) = $ 80.85

Contact Maggie McFarland to buy or sale property in Shadow Creek Ranch in Pearland

Maggie McFarland - RE/MAX One - 281-412-2022

Visit Maggie McFarland on the Internet at TheHomeSourceOnline.com

Silverlake in Pearland

Maggie McFarland,Pearland realtor, Pearland Texas Real Estatate,mls,agent: Real Estate Agent in Pearland, TX

Homes are selling in Silverlake. May 2009 there were 21 reported resale homes through Houston Association of Realtors. Currently there are 30 Pending sales waiting to go to closing.

Silverlake in Pearland continues to prove the Master Plan Community is a great place to own a home.

Number of Properties: 21 SOLD and Closed in May 2009 for Silverlake in Pearland

( Average Sales Price / Average SqFt ) : ( 212004 / 2629 ) = $ 80.64
( Average Adjusted Sales Price / Average SqFt ) : ( 208475 / 2629 ) = $ 79.30

Thinking about buying or selling a home in Silverlake in Pearland

Contact Maggie McFarland - RE/MAX One at 281-412-2022

Visit Maggie McFarland on the web at TheHomeSourceOnline

SELL YOUR Pearland HOME FOR MORE

Maggie McFarland,Pearland realtor, Pearland Texas Real Estatate,mls,agent: Real Estate Agent in Pearland, TX

SELL YOUR Pearland HOME FOR MORE

Sell Your Pearland Home for More first idea from Maggie McFarland: Creating the "WOW! Factor"

Before potential Pearland buyers start arriving with their checklists in hand, know this: Their decision to buy will be based primarily upon emotional considerations. Your informedefforts can elicit the emotional "buying" responses you want. Creating the "WOW! Factor" of a glowing presentation, as outlined below, will encourage the buyer's attention, intrigue and desire. Eliciting these emotional states will be your primary job as a seller. The simple procedures outlined below can help turn heads and create the desire to purchase.

Sell Your Pearland Home for More second idea from Maggie McFarland: Start With A GREAT First Impression

First impressions are the most lasting and important factors in the sale of your Pearland home. You gain a powerful competitive edge when you invest some time, money and effort toward making your home as attractive as possible. The results? A home that "pops" with possibilities in the buyer's eye.

Sell Your Pearland Home for More third idea from Maggie McFarland: Curb Appeal

The exterior of your Pearland home is the first thing a buyer sees. Walk into the street and take a look. Does your home convey impeccable order, cleanliness and good repair? This is referred to as "curb appeal." If your curb appeal is less than the desired "WOW! Factor", consider:

• Are your flower gardens neatly planted and weeded? Putting down some fresh bark is a great touch.

• Are your lawns green, neatly mowed and trimmed around the edges? Hire someone if you don't have the time or equipment to do it yourself.

• Are your shrubs healthy and trimmed? Remove and replace anything unhealthy or unsightly.

• Are your fences and gates in good repair and freshly painted?

• Remove hoses, sprinklers, toys, garden tools or debris - anything lying around that isn't where it belongs.

• Does your paint and trim look fresh and sparkling? Paint or power wash.

• Are the gutters and down spout clean and in good repair?

• Is the roof in good repair?

• Are your windows, screens and ledges clean? Replace torn screens or cracked glass.

• Is your driveway oil stained? Clean it up.

Here are some inexpensive touches to really put on the sparkle

• A clean, shining mailbox. No dents, no dust.

• A brass kickplate on the bottom of the front door.

• A new doormat.

• Impeccably polished and functioning doorknobs, door knocker, doorbell and front light.

A Glowing Interior

You got their attention at the curb, now keep the "WOW! Factor" going with a glowing

interior for your Pearland home. Start with a full housecleaning from top to bottom. Do not store unused or unnecessary items in closets and storage areas. Before putting your home on the market, remove clutter by donating items to charity, storing them offsite, or selling them at a garage sale Eliminate clutter and your home will be noticeably more spacious. Even minor improvements will often yield as much as three to five times the repair cost at the time of sale. Ask your Realtor to point out what repairs will significantly increase the value of your home. Seemingly small fix up jobs can have quite an impact. Take an inspection tour of your home as if you were a potential buyer. Is it clean and uncluttered? Does it sparkle? Does it smell fresh? Make sure that:

• Walls are clean and free of nail holes or dents. Paint them if necessary.

• Woodwork and wallpaper are clean and in good condition.

• Old furniture is removed.

• Curtains and drapes are clean.

• Rugs and carpets are shampooed and floors are waxed.

• Loose doorknobs and window fixtures are repaired.

• Leaky fixtures are fixed, water discoloration in sink and toilets is eliminated.

• Loose banisters are tightened and steps are free of objects.

• Light fixtures work and old switch plates are replaced.

• All closets, shelves and drawers are organized to display spaciousness.

• Clothing is hung neatly and shoes and other objects are neatly arranged.

• Bathrooms are sparkling clean, and tub and shower caulking is repaired.

• Bedrooms are neat, bedspreads and curtains are attractive.

• The kitchen is clean and tidy, including cupboards, stove and oven.

• The basement, attic and garage are clean and well organized.

• Mirrors, picture frames and glass covering pictures are clean.

• Mirrors are strategically placed to create an impression of added space in problem areas.

• Lamp shades are in good condition.

• Houseplants are healthy and dust-free.

• Does electrical lighting create cheer and a sense of spaciousness?

• Is your garage, clean and orderly? Consider applying a coat of fresh white paint to these areas.

For "space-creating" ideas, visit a model home or apartment. Notice how the rooms are sparsely furnished to make small rooms appear larger. Traffic pattern appear more open and accessible. You can easily apply this strategy at home!

CLICK HERE for more information to SELL YOUR Pearland HOME FOR MORE

Visit Maggie McFarland at TheHomeSourceonline.com

Maggie McFarland - RE/MAX One - 281-412-2022

Pearland Investors Are "Responsible Homeowners" Too

05-28-09
Kathy Kipp
Kathy Kipp: Real Estate Agent in Pearland, TX

money, homeA couple months ago when President Obama announced his housing recovery plans, he talked in terms of "responsible" home owners who need help to stay in their primary residence. He did not want to help "speculators who took risky bets on a rising market and bought homes not to live in but to sell."

His intent was admirable, as homeownership is a valued cornerstone of the American way. To imply that all other property owners were "speculators" and to make that a dirty word was unduly harsh. In a country where most people start out renting and where some people happily rent all their lives, investment in rental property is an honorable tradition - and a necessity. Since few people buy investment property as a charitable enterprise, buying a property at a low price, rehabbing it, and hopefully reselling it or renting it for profit make sound business sense. Investors are necessary to make homes available for all who need them.

To be fair, there are areas of the country, like Las Vegas and the whole state of Florida, where investors rushed in and bought up property at bargain prices in hopes of selling them at a profit to retirees and working families. In Cape Coral, some even acquired their house-flipping strategies from "Millionaire University," which led to a doubling in housing prices in Cape Coral between 2000 and 2005. Most of these properties were shadily financed, so these investors not only played a major role in housing inflation but in skyrocketing foreclosure rates as well. By 2007, there were 1,900 foreclosures. By January, 2009, there were 24,000.

The group of investors involved in melees like this do not comprise the bulk of investors. Data from 2008 indicates that investors made up only 13% of foreclosures nationwide. In fact, according to a study on second homes and investment purchases done by the National Association of Realtors (NAR), the investor segment was one of the strongest in the real estate market in 2008. How does the NAR profile this "strong" market segment?

  • Investors comprised 21% of the market, down from 28% in 2007
  • 42% paid cash for their units vs. 15% of buyers of primary residences and 31% of vacation home buyers
  • They paid a median purchase price of $108,000 vs. $196,000 for buyers of primary residences and $150,000 for vacation home buyers. This is down from $189,000 back in 2004, when vacation home buyers when purchasing $204,000 homes
  • 54% of investment purchases were within 20 miles of the investor's residence, while 67% ere within 50 miles
  • 67% were detached single family homes, 22% were condos or duplexes, 8% were condo or rowhouses
  • 1 of 6 purchases was an REO or other distressed situation purchase
  • They tend to be about 10 years older than the average primary residence buyer (47 vs. 37)
  • Their average income ($85,000) was not higher than other buyers, though second and vacation home buyers averaged $97,000

At the moment, despite some encouraging housing news, foreclosures are still rising. The homes that will come on the market from these foreclosures will further swell the stock of bank-owned homes throughout the country. Some of these homes offer great opportunities for first time homebuyers and others willing to accept a challenging property often in need of repair in exchange for a great deal. Buying this type of home is not for everyone. In reality, many REO homes are being bought by investors - individuals and groups of varying sizes - who are willing to take a risk, rehab, and rent out the property. This is also the American way.

Will investors, even good cash-paying stable ones, stabilize housing where buyers in search of affordable housing may not always be able to? Skeptics say the many investors will just sell the homes when the market turns around, which will once again add to the pool of homes in the market. The likely reality is that many renters, perhaps temporarily displaced from homeownership by foreclosure, will be ready to buy again. In the meantime, investors are improving the housing stock and making rental homes available to families.

Pearland investors: Great deals await you in the local market place. Kathy Kipp knows the area and will show you the best in foreclosures and REO properties. I can even help you lease and manage your Houston-area rentals.