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Courtney Albert

Fort Worth's Real Estate Insider Blog

Wednesday, January 02, 2019   /   by Bernie Christian

Happy New Year 2019 - December 2018 Sales Report a Seller's Market Ending out the year for Tarrant County

This is my first blog post for the new year. As soon as we finished out December home sales in Tarrant County, I wanted to see what the actual market statistics would say in terms of the month's supply of inventory. Many people are familiar with supply and demand in terms of economics. Others not so much! If supply goes up demand goes down and if supply goes down, demand goes up. When applied to real estate, we think in terms of a buyer's market, a neutral market (favors neither buyer or seller) or a seller's market. When real estate inventories are less than 3 month's supply, as it is for Tarrant county in the graph below, we say that it is a seller's market. 3 - 6 month's supply would be a neutral market and above 6 month's supply would be a buyer's market. 

Because I analyse the market almost daily, I could see back a few months ago that the last quarter of the 2018 was heading toward a neutral market and we were also seeing evidence that there were lots of price reduction ...

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Monday, June 25, 2018   /   by Bernie Christian

Median Historic Sales Price Trends for Zip Code 76179

Most real estate agents don't tell you the things I share with you in my blog because they don't study the real estate market, they react to it. For example, the median price trend graph attached below shows the local activity we are experiencing in the 76179 zip code over a period of 10 years. I make it my business to be the expert on the local housing market. I look at national and luxury home market trends as well, but that is the subject of another blog. I hope that you read my blogs and are finding them useful and educational. Are you going to be entering in the market any time in the near future. Given any thought to who you will be using to consult with you as you move and shake in the real estate market? Having the right real estate agent on your side can make a difference, in what you net from the sale of your home, and in how to avoid the simple mistakes that can cost you money. And experience counts too...my wife Terri and I have over 50 years experience and have sold over 1 ...

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Monday, June 04, 2018   /   by Bernie Christian

The Ranch at Eagle Mountain - Percent of Original List Price

What would your Ranch at Eagle Mountain home sell for in this market?

The Ranch at Eagle Mountain is a popular neighborhood located near Eagle Mountain Lake just off of Boat Club Road and located about 5 miles from I-820. You can expect to find homes priced between $275K and $325K in this community. You will also find new construction taking place on the back side (west side) of the neighborhood.

In May of 2018, homes sold in Eagle Ranch at 97.9 percent of original list price as compared to May of 2017 when they sold for 100.7 percent of list price (see our MLS graph below).

What is your home worth? Give us a call at 817-480-8425 and let Terri Christian with The Christian Group give you a free consultation on what your home is worth? It will only take 20 - 30 minutes. Besides, she has over 35 years experience from helping thousands of Fort Worth home owners just like you.


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Friday, June 01, 2018   /   by Bernie Christian

Market Condition for Lake Country Estates Fort Worth

HEY LAKE COUNTRY ESTATES SELLERS AND BUYERS - ITS OFFICIALLY
A NEUTRAL REAL ESTATE MARKET MARKET

We have helped a lot of buyers and sellers in the Eagle Mountain Lake community in the last 14 years and we've cycled through several different types of marketing over that time. Most people have heard the terms, "Buyers Market" or "Seller's Market" but is there any such thing as a neutral real estate market?

Here we are on June 1st, 2018 and so we ask ourselves...what are the market conditions in the local real estate market in Lake Country Estates? By looking at the bar graph below, we can see that May of 2017 and May of 2018 both had 4.9 months of housing inventory. Neutral markets are defined as having between 3 to 6 months of housing inventory so we can then say that Lake Country Estates is in a neutral market. In contrast, A seller's market has an inventory of less than 3 months and a buyer's market would be greater than 6 months of inventory.  


You might ask ...

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