Unless you’ve been on a desert island for the last year you’ve been bombarded with negative media reports about the real estate market. It’s true that in some markets home prices have taken a real beating. But the classic statement “location, location, location” about real estate still holds.
Home prices remain strong and stable in our local area. The B/CS market ranked eight in the nation for price appreciation in 2008. The same national firm also concluded that the B/CS market was at minimal risk for any price devaluation. This supports what we’ve known for a long time – that Bryan College Station is a great place to live!
We are blessed to live in an area with stable employment and strong population growth. Projections show the local population doubling in ten years. These trends support the strong performance our real estate market has enjoyed in the past and bodes well for the future.
Don’t let the national news scare you away from owning a brand new home! With mortgage rates approaching all time lows home ownership is more affordable than ever. The current combination of low mortgage rates and stable markets in a growing community creates a perfect opportunity. Chances like these come along once in a lifetime – take advantage now.