About Cypress' Blackhorse

Yawn! Not many Homes Sold in Blackhorse Ranch this past month

Blackhorse Ranch, a Golf Course Community in Cypress, Texas, did not see a whole lot of home sales activity in December. The good news is that there were no distressed sales, meaning none of the homes that sold were foreclosures or short sales.

Take a look at the table below to see the number of homes that sold in Blackhorse Ranch during the last month and even take a look at all the home sales activity that was reported on the MLS throughout 2010.

Click on Table to view larger

If you are interested in buying or selling a home in Blackhorse Ranch, please contact me.

Blackhorse Ranch is a golf course community located in a suburb of Houston, in Cypress, Texas. Because of the recent, lowest mortgage interest rates in history, Blackhorse Ranch saw some rigorous activity for home sales during the month of November 2010.

Click on Chart to view Larger

Compared to last November, one more house sold this year in Blackhorse Ranch, and the average days on market of the sold listings is significantly lower this year as well. This is good news for the real estate market in Blackhorse Ranch. Homes for sale in the $200,000-$250,000 price range did best overall. Of the 5 homes that sold in November, 3 were new home sales, and 2 were re-sales. None of the homes that sold were distressed sales (foreclosures or short sales).

Keep in mind that sales last November were most likely spurred by the First Go Round of the Homebuyer Tax Credit. This November, although there was no homebuyer tax credit, people took advantage of the lower interest rates. By now, everyone should realize the enormous amount of savings when buying a home in today's market because of the lower interest rates. It is more economically advantageous to purchase a home today, even without the Homebuyer Tax Credit.

As of today in Blackhorse Ranch, there are 23 active listings. On average, about 5 houses sell per month in Blackhorse Ranch, so right now, there is technically a sellers market in Blackhorse Ranch. (Please check out my previous blog for more information on "absorption rates").

If you would like further analysis regarding Blackhorse Ranch or a free market analysis for your neighborhood, please contact me at your earliest convenience. I would be happy to provide you with more detailed information on this or any neighborhood.

www.kathyjonesrealty.com

~Helping you Live the Good Life

The Ladies of Blackhorse Ranch proudly invite you to the 2010 BHR EGGstravaganza!! We have so many wonderful activities planned this year.

• Visit from the Easter Bunny
• Age designated Easter egg hunt
• "DJ Jay" will provide the entertainment
• Face painter
• Balloon artist
• Train rides
• Crafts
• Games (including: Hula hoop contest, jump rope contest, potato sack races and more)
• Snacks and beverages will be provided
• Photo opportunity for family Easter shots

This is our largest event of the year and the Ladies of Blackhorse have worked extremely hard to deliver a fantastic, memorable event for the entire family.

Please contact kathy@kathyjonesrealty.com for more information. Hope to see you there!