About Cypress' Fairwood

Now that Christmas has died down and family members are leaving town to go home, it's a great time before New Years to go out and visit the Johnson's home at Johnson's Christmas Corner. The Johnsons live in Fairwood subdivision in Cypress, Texas and have been putting on a MAJOR lights display (think National Lampoon's Christmas) since 2007. Their display is set to music and is certainly a memorable experience. If you can't make the drive over to their home, then check out their website at www.johnsonschristmascorner.com. You can watch past year's light displays and read about how and why they do it all on their frequently asked questions page. I think it's a great sharing experience to witness someone who goes out in such a way to have fun with the season and make young and old alike so happy with the experience. So before you pack up your holiday decorations and polish off the last of the eggnog, get everyone in the car and head over to The Johnson Christmas Corner located at 14811 Cypress Meadow Drive, Cypress, TX 77429.

FOURTEEN homes have closed in the Fairwood subdivision for the six months ending November 30, 2011.

Average price was $125,658; however there were huge differences in price. The lowest-priced Fairwood home was $53850 for a government-owned foreclosure on Cypress View. At the other end of the price range was a beautiful home on Cypress Green which sold for $157,500.

There are currently eleven Fairwood homes that are on the market right now! SIX homes are under contract as of 12/3/11, so if you are thinking of SELLING your FAIRWOOD home, CALL ME!! I have a proven track record of getting FAIRWOOD HOMES SOLD!

As shown by the six homes under contract right now, the buyers are still out looking during the holiday season, yet there are fewer homes on the market now than during the "busy season" in the spring and summer. So, less competition now means a potentially easier sale! Call today for a free market evaluation!

SONJA PATTERSON with RE/MAX REALTY CENTER 13611 Skinner Rd., Suite 100 Cypress, TX 77429

Direct: 281.213.8039 Cell: 713.303.9463 www.har.com/SPatterson

Ten homes closed in the Fairwood subdivision for the period of 4/1/11 through 6/30/11. Fairwood is located in the NW Houston area between Telge and Grant just south of Spring Cypress. Excellent schools, great ammenities (a neighborhood pool, park, playground and tennis courts), mature trees, and low HOA fees make Fairwood a great place to call home!

Sale prices ranged from $72,740 up to $144,000. Those homes with the most recent upgrades received the highest price per sq. ft. There were SIX homes which were not foreclosures of these ten sales. The average price/ sq. ft. was $61.51. The four remaining sales were foreclosure homes with an average price/sq. ft. of $42.29.

For more information about the Fairwood market, call Sonja Patterson with RE/MAX Realty Center!

SONJA PATTERSON with RE/MAX REALTY CENTER 13611 Skinner Rd. Suite 100, Cypress, TX 77429

Office: 281.213.6200 Direct: 281.213.8039 Cell: 713.303.9463

The Fairwood subdivision, conveniently located off Spring Cypress between Telge and Grant, continues to draw plenty of "buyer" traffic. This subdivision has excellent schools, nice ammenities, and a VERY affordable home owner's association fee. I have SOLD several homes in this subdivision in the past. I currently have a beautiful listing, however, that has had a difficult time selling. We have had many lookers and even two offers, so WHY hasn't this particular home SOLD?

First, a look at the data for August, September and October.

1. How many homes have sold? Only seven homes have sold in the past 3 months.

2. What types of homes have sold? Of these seven homes, FOUR were foreclosures, and three were regular sales (ie not a short sale or a foreclosure.)

3. And what kind of price/sq. foot are we talking about? Grouped separately, the foreclosures brought in an average of $41.33/sq. ft. The standard sales averaged much higher at $60.27 per square foot, however, this is much lower than the average from 2-3 years ago. Obviously, the number of foreclosures taking place is drawing the overall sales price down.

I was mulling over WHY this beautiful home has not sold yet, and I came to a very simple conclusion. The seller is not motivated enough to drop her price to sell, and in this market, you TRULY have to be motivated to sell. The homes I have sold more recently in Fairwood include a sale due to an out-of-state move, a sale due to the owner getting married, and an estate sale. Clearly, these sellers were motivated to sell. My current client wants top dollar for her property, and so do I. However, when you look at the market data, it is extremely HARD to get top dollar unless you do all the right things. DECLUTTER, DECLUTTER, DECLUTTER!! MOVE BIG FURNITURE ITEMS THAT MAKE ROOMS LOOK SMALL INTO STORAGE; CLEAN OUT THE GARAGE; KEEP THE LAWN LOOKING GOOD AT ALL TIMES; HIRE A MAID or BE EXTREMELY NEAT WHILE YOUR HOME IS ON THE MARKET. :) You really have to do all of the above AND be flexible on negotiating price in order to get it SOLD.

So, if you don't HAVE to sell your Fairwood home, now might not be the best time for a move. If you have any questions about what your home could sell for in today's market, please give me a call. I would love to share the market data with you and answer any questions you may have!

SONJA PATTERSON with RE/MAX REALTY CENTER 13611 Skinner Rd. Suite 100

OFFICE: 281.213.6200 DIRECT: 281.213.8039 CELLULAR: 713.303.9463

MY LAST FIVE BLOGS OF THINGS HAPPENING IN AND AROUND CYPRESS, TX!!

• Coles Crossing Community Garage Sale: http://activerain.com/blogsview/1965145/coles-crossing-community-garage-sale-2010
• 21 Reasons Why Not to Have a Pit Bull Or Pit Bull Mix As A Pet http://activerain.com/blogsview/1956501/21-reasons-why-not-to-have-a-pit-bull-or-pit-bull-mix-as-a-pet
• Coles Crossing SOLDS for October 2010: http://activerain.com/blogsview/1943146/coles-crossing-solds-for-october-2010
• You're The Next Contestant On The Price Is Right: SOLDS in Longwood for October 2010 http://activerain.com/blogsview/1951056/you-re-the-next-contestant-on-the-price-is-right-solds-in-longwood-october-2010
• Beautiful Home In Windsong To be Held OPEN This Weekend http://activerain.com/blogsview/1937025/open-house-in-windsong-this-saturday-october-30-2010-

For the last six months, there have been 22 SOLD signs for FAIRWOOD!! There is actually a NEED for MORE homes to go on the market in this subdivision! Currently there are only 14 on the market and FIVE already have a contract on them!!

Pricing your home does NOT have to be a tough balancing act!! :) I will share with you what homes have been selling for!! The lowest price/sq. foot was $51.79 while the highest price/sq. ft. was $72.47. Of the 22 homes SOLD, an AMAZING NINETEEN were FHA financed, only one cash, one conventional, and one VA loan. Also good news: only 2 of the 22 were foreclosures :)

***FAIRWOOD COMMUNITY POOL***

Avg. price /sq ft. was 62.79. Of course, this number could go up or down depending on age, condition of the home, upgrades, and LOCATION, LOCATION, LOCATION!! Fairwood has great schools, wonderful facilities, and mature trees which makes it a highly sought-after neighborhood.

If you are thinking of selling your Fairwood home, give me a call!! I'd love to discuss my marketing plan with you and add you to my list of satisfied customers!!