Click HERE To view/download/print/share the full market report info.
More Sales. Less Inventory. 2019 is off to a positive start.
Buzzing activity. Not crazy buzz. But steady buzz. Solid. Slowly accelerating. Showings Appointments are up. Phones are ringing. Agents power walking, working with buyer clients, going on listings appointments.
January sales UP 8.1% Listing Inventory is healthy, but selection shank smaller in instead of growing larger. Based on the velocity of contracts written over the last week, February sales may be up 20% or more. All this means we are likely to experience a better first quarter.
Let’s see what happens?
Why should things be better?
Our real estate market is fueled by a bundle of positive external stimulus factors.
Factors like:
- Positive economic growth.
- Job growth and low unemployment.
- Stable oil prices.
Strongpositive consumer confidence.- Corporate-relocation moving people in and out (like an Exxon/Mobil).
- Healthy selection.
- Favorable mortgage rates.
All positive External Stimulus Factors are in place. Our real estate market is healthy and gaining strength.
Buyers. . .
- Selection and buying conditions are excellent.
- It’s a Seller’s Market below $800,000. This means competition for prime properties priced below $800,000 is keen.
- In this more active market, steals are like unicorns, they don’t exist.
- When you find what you love, move fast.
Sellers. . .
- Aggressive marketing efforts will win. While market conditions are improved, one fact remains, half hearted selling-efforts will fall flat faced.
- Supreme interior and exterior merchandising is a must. (Here’s a Checklist)
- Quality and depth in your marketing and promotional strategy is more important than ever.
- Give-It-Away pricing is not required! Competitive pricing is!
- More and more, serious sellers are matched with serious buyers every day.
Real Estate Agents. . .
- This market will generate more opportunities to out-hustle and out-perform less committed amateurs and part-timers. When competition heats up, the weak wilt.
- Winning requires close contact and communication with everyone.
- Positive energy and outlook.
- No matter what, keep those promises.
- Confidence and a bias towards swift and consistent execution wins.
- Basically you need to go All In. The good news is, in this market, your efforts will be rewarded.
Take a look at these and let me know if you have any questions or I can be helpful📲
Listing Inventory Month-By-Month.
2019 | Listings By Month and Price Range
2018 | Listings By Month and Price Range
Listings Placed Under Contract (Sales).
2019 Sales By Month and Price Range
2018 Sales By Month and Price Range
Months Supply Of Inventory By Price Range.
In Conclusion:
More Sales. Less Inventory. 2019 is off to a positive start.
Buzzing activity. Not crazy buzz. But steady buzz. Solid. Slowly accelerating. Showings Appointments are up. Phones are ringing. Agents power walking, working with buyer clients, going on listings appointments.
January sales UP 8.1% Listing Inventory is healthy, but selection shank smaller in instead of growing larger. Based on the velocity of contracts written over the last week, February sales may be up 20% or more. All this means we are likely to experience a better first quarter.
Let’s see what happens?
Why should things be better?
Our real estate market is fueled by a bundle of positive external stimulus factors.
Factors like:
- Positive economic growth.
- Job growth and low unemployment.
- Stable oil prices.
Strongpositive consumer confidence.- Corporate-relocation moving people in and out (like an Exxon/Mobil).
- Healthy selection.
- Favorable mortgage rates.
All positive External Stimulus Factors are in place. Our real estate market is healthy and gaining strength.
Buyers. . .
- Selection and buying conditions are excellent.
- It’s a Seller’s Market below $800,000. This means competition for prime properties priced below $800,000 is keen.
- In this more active market, steals are like unicorns, they don’t exist.
- When you find what you love, move fast.
Sellers. . .
- Aggressive marketing efforts will win. While market conditions are improved, one fact remains, half hearted selling-efforts will fall flat faced.
- Supreme interior and exterior merchandising is a must. (Here’s a Checklist)
- Quality and depth in your marketing and promotional strategy is more important than ever.
- Give-It-Away pricing is not required! Competitive pricing is!
- More and more, serious sellers are matched with serious buyers every day.
Real Estate Agents. . .
- This market will generate more opportunities to out-hustle and out-perform less committed amateurs and part-timers. When competition heats up, the weak wilt.
- Winning requires close contact and communication with everyone.
- Positive energy and outlook.
- No matter what, keep those promises.
- Confidence and a bias towards swift and consistent execution wins.
- Basically you need to go All In. The good news is, in this market, your efforts will be rewarded.
Take a look at these and let me know if you have any questions or I can be helpful📲
Click HERE To view/download/print/share the full market report info.
About ken@kenbrand.com
Ken is the General Sales Manager for The Woodlands Area Marketing Center for Better Home And Gardens Real Estate Gary Greene.
_____________________________
Paradox. Surprise. Uncommon Sense. Irony. ELBs. Impressions. Observations. Less Blah Blah-More Ah-Ha.
If I can be helpful, call, text or eMail - Ken Brand | 832-797-1779 | Ken@KenBrand.com.
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