Pearland Real Estate Expert

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Facebook Contest Could Net Houston Food Bank $1M

The Houston food bank stands to receive 1 million dollars if they win the contest. Through its “Fighting Hunger Together” campaign, Wal-Mart pledges $1.5 million to six communities where families are struggle to feed themselves. It’s asking the public to decide where the money will go through a contest on Facebook.


To participate, all you have to do is log on to your Facebook account and “like” the City of Houston’s fighting hunger page.


http://www.facebook.com/pages/Houston-Food-Bank-Official-Page/90107797870


Help me help the Houston Area... Click on the link above and like it today....


Whether you're interested in buying your first home, your next home, or just want to know more about home-ownership in general, I encourage you to check out a couple of great online resources:http://www.texasrealestate.com/ or http://www.har.com/ and for all of your Pearland TX and Northern Brazoria and Galveston County real estate needs, please visit my site at http://www.danfrankrealty.com/. All of these sites offer tons of useful, real estate-related information geared specifically for Texans.


Remember, Danny Frank is a local Pearland TX Real Estate expert! You can see my entire blogathttp://www.pearlandrealtyblog.com

Danny Frank
Turbo Realty
2012 Chair-Elect HAR.com
Mobile:  713-581-4702
Fax: 866-304-3433
Email: danfranktx@gmail.com
www.danfrankrealty.com
Information About Brokerage Services


Chat: Google Talk: DanFrankTX Skype: DanFrankTX

  
 
8 commentsDanny Frank, The Real Estate Expert • December 30 2010 10:01AM

Pearland TX Real Estate Market Trends Nov 2010

The question I get most often being a real estate agent is; How is the market? And is now the best time to sell my house?

Well, the answer is 2 fold. I will go into detail and show you what the market is doing and why now might be just the right time to sell your house and buy another. But on the other hand, why it might be time to just sit tight and wait for the market to start the upswing in February or March.

Let's look at what the pricing is doing in the Pearland TX market.  The chart below shows a two year period starting in Nov 2008 and goes through Nov 2010.  A few things jump out to me and the first one is that the median price is FLAT... It has dropped $10K over the last two years... Understand the in the median price and not the average price...  
What does the really mean? It tells me now is a great time to buy and if you have equity built up in your home, you can sell your home and maybe not make as much as you once could, and buy a house at a GREAT price. Thank about it.... You can get a house at an all time low price and get an interest rate at a record low rate. It's a win win for you....

Looking at the price per foot chart below, you can see the price per foot 2 years ago was $76.00 and at the end of Nov, 2010, it is still at $76.00...

Now let's look at the supply and demand in the Pearland TX market. WOW... Economics 101 tells us that the more supply we have the lower the price... Thus, the Pearland median price is down $10K at the end of November 2010. Before Hurricane Ike came to town, Pearland had about 10-12 months of inventory and it was climbing... Then after Ike we only had 1.5 months of inventory left.... Pearland is in the first stages of pulling itself out of any recession we might have been in.... I think Pearland will have a very strong real estate market in 2011... I'm not saying pricing will climb much, but I don't think it will fall either... I just think our home pricing will remain strong and robust. The national media has everyone running scared... And that is just not the case in the Houston/Galveston and Pearland real estate markets. Sure our home prices have drooped just a bit, and you might be upside down on your loan, but unless you sell your house, you will not feel any real pain... You might even get a price break from the tax man.... And you should fight for that, and I can help you with that as well...




Okay, now you are ready to put your house on the market... If you price it right, it will sell in no time at all... In Pearland, the average days on market, Time To Sell, or DOM last month was 89 days. When you price your home below market value, it will sell faster than the average and if you price it above the average it will take longer to sell... Plus when you price it to high, you will miss out on what I call the "RUSH" , or the first 45 days of great marketing.... DO NOT OVER PRICE YOUR HOME...... You will not get any showings and the only thing you will do is help sell lower priced homes in the area....

you can cantact me for a FREE indepth CMA on your house, Let's talk... Let;s see what your house is really worth...

Whether you're interested in buying your first home, your next home, or just want to know more about home-ownership in general, I encourage you to check out a couple of great online resources:http://www.texasrealestate.com/ or http://www.har.com/ and for all of your Pearland TX and Northern Brazoria and Galveston County real estate needs, please visit my site at http://www.danfrankrealty.com/. All of these sites offer tons of useful, real estate-related information geared specifically for Texans.

Remember, Danny Frank is a local Pearland TX Real Estate expert! You can see my entire blog athttp://www.pearlandrealtyblog.com

Danny Frank
Turbo Realty
2012 Chair-Elect HAR.com
Mobile:  713-581-4702
Fax: 866-304-3433
Email: danfranktx@gmail.com
www.danfrankrealty.com
Information About Brokerage Services


Chat: Google Talk: DanFrankTX Skype: DanFrankTX

  
 
1 commentDanny Frank, The Real Estate Expert • December 29 2010 01:49PM

Pearland Oilers Parade Time Set

 

The world champion Pearland Oilers Football team has it’s victory parade time set.  The Pearland Oilers will be honored with a parade on Jan. 8, 2011 starting at approximately 4:30PM. The Oilers will start the victory parade at FM 518 and Pearland Parkway and head towards the football stadium, “The Rig”. Then at 5:30 PM they will have a pep rally and the public is invited.

The football team is the latest Pearland team to win a state title. The Lady Oilers softball team also won state and the Pearland Little League finished second in the nation.

Whether you're interested in buying your first home, your next home, or just want to know more about home-ownership in general, I encourage you to check out a couple of great online resources:http://www.texasrealestate.com/ or http://www.har.com/ and for all of your Pearland TX and Northern Brazoria and Galveston County real estate needs, please visit my site at http://www.danfrankrealty.com/. All of these sites offer tons of useful, real estate-related information geared specifically for Texans.

Remember, Danny Frank is a local Pearland TX Real Estate expert! You can see my entire blog athttp://www.pearlandrealtyblog.com

The Pearland Real Estate Expert

 

Danny Frank
Turbo Realty
2012 Chair-Elect HAR.com
Mobile:  713-581-4702
Fax: 866-304-3433
Email: danfranktx@gmail.com
www.danfrankrealty.com
Information About Brokerage Services


Chat: Google Talk: DanFrankTX Skype: DanFrankTX

  
 
0 commentsDanny Frank, The Real Estate Expert • December 29 2010 10:13AM

Term Paper Spam

Yes... I too am growing tired of this endless attack by the spammers... In running the IP address, they all seem to be comming from the same area... Active rain must take steps to stop this...

Via Jeff Turner (Real Estate Shows):

This will be the shortest post I've ever written here on ActiveRain.

Pages and pages of text

I am sick of the term paper spam on three-year-old posts. Someone, please make it stop.

Thank you.

Danny Frank
Turbo Realty
2012 Chair-Elect HAR.com
Mobile:  713-581-4702
Fax: 866-304-3433
Email: danfranktx@gmail.com
www.danfrankrealty.com
Information About Brokerage Services


Chat: Google Talk: DanFrankTX Skype: DanFrankTX

  
 
1 commentDanny Frank, The Real Estate Expert • December 25 2010 09:15PM

November 2010 Real Estate Stats the for Houston Area

HOUSTON — (December 21, 2010) — For the fifth month in a row following expiration of the 2010 homebuyer tax credit, sales of single-family homes across Greater Houston declined in November while the prices of those homes rose. Despite the lingering sales chill, the market enjoyed boosts in both the average and median price, achieving the highest levels ever seen in a November.

According to the latest monthly data compiled by the Houston Association of REALTORS® (HAR), November sales of single-family homes throughout the Houston market fell 22.0 percent when compared to November 2009. However, on a year-to-date basis, 2010 single-family home sales are off just 5.6 percent from 2009 levels. Positive sales activity was recorded in the low and high ends of the housing market, with declines affecting homes priced between $80,000 and $500,000.

Luxury home sales helped drive the latest pricing gains. The average price of a single-family home increased 11.8 percent from November 2009 to $219,560 while the November single-family home median price—the figure at which half of the homes sold for more and half sold for less—edged up 1.7 percent from one year earlier to $152,500.

Foreclosure property sales reported in the Multiple Listing Service (MLS) declined 9.3 percent in November compared to one year earlier. Foreclosures comprised 19.6 percent of all property sales in November—2.3 percent less than the month before and generally consistent with the levels they have maintained for much of 2010. The median price of November foreclosures fell 15.3 percent to $78,750 on a year-over-year basis.

November sales of all property types in Houston totaled 4,200, down 22.2 percent compared to November 2009. Total dollar volume for properties sold during the month was $906 million versus $1.0 billion one year earlier, representing an 11.6 percent drop.

"The November report suggests to me that the Houston real estate market is taking a considerable amount of time to recover from the end of the whirlwind pace of sales triggered earlier this year by the homebuyer tax credit," said Margie Dorrance, HAR chair and principal at Keller Williams Realty Metropolitan. "Bright spots in the housing report include what appears to be improvement in pending sales and, of course, the continued price appreciation not seen in most other markets. The next couple of months will hopefully enable us to gauge the overall market performance that we can expect in 2011."

November Monthly Market Comparison

The month of November brought Houston's overall housing market mixed results when all listing categories are compared to November of 2009. Total property sales and total dollar volume fell on a year-over-year basis while the average and median single-family home sales prices rose.

Month-end pending sales for November totaled 2,583, down 5.8 percent from last year, suggesting another month of lower demand when the December figures are tallied. However, the November decline was a dramatic improvement from the 23.2 percent and 17.2 percent hits the market suffered in October and September, respectively. The number of available properties, or active listings, at the end of November rose 14.1 percent from November 2009 to 51,875. The growth in available inventory coupled with declining sales volume pushed the November inventory of single-family homes to 7.6 months compared to 6.0 months one year earlier. The figure is still the lowest in six months and remains favorable compared to the national inventory of single-family homes of 10.5 months reported by the National Association of REALTORS® (NAR).

CATEGORIES November 2009 November 2010 PERCENT CHANGE
Total property sales 5,395 4,200 -22.2%
Total dollar volume $1,024,845,027 $905,699,783 -11.6%
Total active listings 45,452 51,875 14.1%
Total pending sales 2,741 2,583 -5.8%
Single-family home sales 4,548 3,549 -22.0%
Single-family average sales price $196,310 $219,560 11.8%
Single-family median sales price $150,000 $152,500 1.7%
Months inventory* 6.0 7.6 25.8%
* Months inventory estimates the number of months it will take to deplete current active inventory based on the prior 12 months sales activity. This figure is representative of the single-family homes market.

Single-Family Homes Update

November sales of single-family homes in Houston totaled 4,200, down 22.0 percent from November 2009. This marks the fifth monthly decline in sales volume following four consecutive months of accelerated sales attributed largely to the tax credit. However, on a year-to-date basis, single-family home sales are off 5.6 percent from 2009 levels.

Broken out by segment, November sales of homes priced below $80K increased 24.4 percent; sales of homes in the $80K-$150K range fell 35.5 percent; sales of homes between $150K and $250K were off 33.4 percent; sales of homes ranging from $250K-$500K slid 8.5 percent; and sales of homes that make up the luxury market—priced from $500K and up—rose 23.2 percent.

Single Family Home Sales


The average price of single-family homes in November was $219,560, up 11.8 percent compared to one year earlier. That is the highest level recorded for a November in Houston. At $152,500, the median sales price for single-family homes edged up 1.7 percent versus November 2009, achieving its highest level for a November in Houston. The national single-family median price reported by NAR is $171,100, illustrating the continued higher value and lower cost of living that consumers enjoy in Houston.

Single Family Average Home Price

 

HAR also breaks out the sales performance of existing single-family homes throughout the Houston market. In November 2010, existing home sales totaled 2,914, a 21.0 percent decline from November 2009. The average sales price climbed 15.6 percent to $209,080 compared to last year, while the median sales price of $139,250 was flat.

Townhouse/Condominium Update

The number of townhouses and condominiums that sold in November fell 36.6 percent compared to one year earlier. In the greater Houston area, 315 units were sold last month versus 497 properties in November 2009.

The average price dipped 0.7 percent to $160,202 from November 2009 to November 2010. The median price of a townhouse/condominium declined 12.0 percent to $117,910.

Townhouse/Condominium Sales

 

Lease Property Update

Demand for single-family home rentals rose 24.0 percent in November compared to one year earlier. Year-over-year townhouse/condominium rentals increased 41.6 percent.

Houston Real Estate Milestones in November
  • At $219,560, the average price of a single-family home reached the highest level recorded for a November in Houston;
  • At $152,500, the median price of a single-family home also reached the highest level recorded for a November in Houston;
  • 7.6 months inventory of single-family homes compares favorably to the national average of 10.5 months and is the lowest figure seen in Houston since May 2010.

    The computerized Multiple Listing Service of the Houston Association of REALTORS® includes residential properties and new homes listed by 26,000 REALTORS® throughout Harris, Fort Bend and Montgomery counties, as well as parts of Brazoria, Galveston, Waller and Wharton counties. Residential home sales statistics as well as listing information for more than 50,000 properties may be found on the Internet at http://www.har.com.

    The information published and disseminated to the HAR Multiple Listing Services is communicated verbatim, without change by Multiple Listing Services, as filed by MLS participants.

    The MLS does not verify the information provided and disclaims any responsibility for its accuracy. All data is preliminary and subject to change. Monthly sales figures reported since November 1998 includes a statistical estimation to account for late entries. Twelve-month totals may vary from actual end-of-year figures. (Single-family detached homes were broken out separately in monthly figures beginning February 1988.)

    Founded in 1918, the Houston Association of REALTORS® (HAR) is a 26,000-member organization of real estate professionals engaged in every aspect of the industry, including residential and commercial sales and leasing, appraisal, property management and counseling. It is the largest individual dues-paying membership trade association in Houston as well as the second largest local association/board of REALTORS® in the United States.

    Whether you're interested in buying your first home, your next home, or just want to know more about home-ownership in general, I encourage you to check out a couple of great online resources: http://www.texasrealestate.com/ or http://www.har.com/ and for all of your Pearland TX and Northern Brazoria and Galveston County real estate needs, please visit my site at http://www.danfrankrealty.com/. All of these sites offer tons of useful, real estate-related information geared specifically for Texans.

    Remember, Danny Frank is a local Pearland TX Real Estate expert! You can see my entire blog at http://www.pearlandrealtyblog.com

     

  • Danny Frank
    Turbo Realty
    2012 Chair-Elect HAR.com
    Mobile:  713-581-4702
    Fax: 866-304-3433
    Email: danfranktx@gmail.com
    www.danfrankrealty.com
    Information About Brokerage Services


    Chat: Google Talk: DanFrankTX Skype: DanFrankTX

      
     
    0 commentsDanny Frank, The Real Estate Expert • December 24 2010 09:10AM

    How and Why are you Motivated

    The following animated video is about the best-selling book Drive: The Surprising Truth About What Motivates Us by Daniel Pink.

    I watched this and many light bulbs went in my head. I find this to be so true and it was inspiring to me because of what I do. Being a volunteer and the Vice Chair for the Houston Association of Realtors, www.har.com, gives me a way and an outlet to think out of the box. This is why I think HAR has and is doing so well.  Bob Hale, the CEO of HAR, has the entire staff doing just this and has the support of the Board of Directors. The entire Board of Directors are volunteers, and after watching this video, I can see why Houston leads the nation in regards to real estate and innovation around our web site.

    Just watch this 10:38 video and see what I’m talking about. It just might change your world.

    Whether you're interested in buying your first home, your next home, or just want to know more about home-ownership in general, I encourage you to check out a couple of great online resources: http://www.texasrealestate.com/ or http://www.har.com/ and for all of your Pearland TX and Northern Brazoria and Galveston County real estate needs, please visit my site at http://www.danfrankrealty.com/. All of these sites offer tons of useful, real estate-related information geared specifically for Texans.

    Remember, Danny Frank is a local Pearland TX Real Estate expert! You can see my entire blog at http://www.pearlandrealtyblog.com

     

    Danny Frank
    Turbo Realty
    2012 Chair-Elect HAR.com
    Mobile:  713-581-4702
    Fax: 866-304-3433
    Email: danfranktx@gmail.com
    www.danfrankrealty.com
    Information About Brokerage Services


    Chat: Google Talk: DanFrankTX Skype: DanFrankTX

      
     
    4 commentsDanny Frank, The Real Estate Expert • December 23 2010 11:26AM

    Are you looking to make a change?

    If you are looking to step up and make a change in your career path, I would like you to think about joining my team at Keller Williams Realty.

    Keller Williams is the fastest growing company for a reason. We offer great splits, low fees, profit sharing and the best training ever. KW is state of the art in technology and you never have to pay for any leads...

    Take a look at our "Outfront Online" training tools: http://kw.com/outfront/ . This is just a sample of what we can do for you.

    Keller Williams has an online university. Just follow the like and see what you are missing. http://budurl.com/KWGuestpass

    NOW is the time to make the change, call me to find out how you can join my team and become a Keller Williams Agent.

    Whether you're interested in buying your first home, your next home, or just want to know more about home-ownership in general, I encourage you to check out a couple of great online resources: http://www.texasrealestate.com/ or http://www.har.com/ and for all of your Pearland TX and Northern Brazoria and Galveston County real estate needs, please visit my site at http://www.danfrankrealty.com/. All of these sites offer tons of useful, real estate-related information geared specifically for Texans.

    Remember, Danny Frank is a local Pearland TX Real Estate expert! You can see my entire blog at http://www.pearlandrealtyblog.com

    Danny Frank
    Turbo Realty
    2012 Chair-Elect HAR.com
    Mobile:  713-581-4702
    Fax: 866-304-3433
    Email: danfranktx@gmail.com
    www.danfrankrealty.com
    Information About Brokerage Services


    Chat: Google Talk: DanFrankTX Skype: DanFrankTX

      
     
    2 commentsDanny Frank, The Real Estate Expert • December 22 2010 03:32PM

    A new way to search for Real Estate in Pearland TX

    I have launched a new web site like no other... you can now search homes for sale, sold price, days on market, and many other things. It is a map based search with all home Search-able by it neighborhood and via a map.

    I hope you find it helpfull and please send me any feedback you might have.
    The new site address is: http://budurl.com/PearlandRealEstate

    Whether you're interested in buying your first home, your next home, or just want to know more about home-ownership in general, I encourage you to check out a couple of great online resources: http://www.texasrealestate.com/ or http://www.har.com/ and for all of your Pearland TX and Northern Brazoria and Galveston County real estate needs, please visit my site at http://www.danfrankrealty.com/. All of these sites offer tons of useful, real estate-related information geared specifically for Texans.

    Remember, Danny Frank is a local Pearland TX Real Estate expert! You can see my entire blog at http://www.pearlandrealtyblog.com

    Danny Frank - Keller Williams Realty

    Danny Frank
    Turbo Realty
    2012 Chair-Elect HAR.com
    Mobile:  713-581-4702
    Fax: 866-304-3433
    Email: danfranktx@gmail.com
    www.danfrankrealty.com
    Information About Brokerage Services


    Chat: Google Talk: DanFrankTX Skype: DanFrankTX

      
     
    2 commentsDanny Frank, The Real Estate Expert • December 20 2010 04:11PM

    In Texas, What is a Buyer’s Agent

    In Texas, the Real Estate broker becomes the buyer’s agent by entering into an agreement to represent the buyer, usually through a written buyer representation agreement. A buyer’s agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyer’s agent anything the owner would not want the buyer to know because a buyer’s agent must disclose to the buyer any material information known to the agent.

    You may ask, why do I need to be represented? Working with a real estate agents give you, the buyer, certain rights in Texas. When you sign a agreement with a real estate agent, he or she then works for you and has your best interest in mind. In Texas, you are not considered to be represented until you enter into an agreement with a real estate agent.  Not working with a Realtor® is like getting your plumber to do your taxes. For the most part, working with a buyers agent will not cost your anything. The seller of the property has already agreed to pay  the buyers agent in most cases.

    After you sign an agreement with the Realtor®, he or she has the power to get the lowest price on the real estate you are trying to buy. This is the smart way to buy real estate in Texas. Use a buyers agent that is also a Realtor®.

    Whether you're interested in buying your first home, your next home, or just want to know more about home-ownership in general, I encourage you to check out a couple of great online resources: http://www.texasrealestate.com/ or http://www.har.com/ and for all of your Pearland TX and Northern Brazoria and Galveston County real estate needs, please visit my site at http://www.danfrankrealty.com/. All of these sites offer tons of useful, real estate-related information geared specifically for Texans.

    Remember, Danny Frank is a local Pearland TX Real Estate expert! You can see my entire blog at http://www.pearlandrealtyblog.com

     

    Danny Frank
    Turbo Realty
    2012 Chair-Elect HAR.com
    Mobile:  713-581-4702
    Fax: 866-304-3433
    Email: danfranktx@gmail.com
    www.danfrankrealty.com
    Information About Brokerage Services


    Chat: Google Talk: DanFrankTX Skype: DanFrankTX

      
     
    2 commentsDanny Frank, The Real Estate Expert • December 14 2010 11:32AM

    New iphone app for Houston Area Real Estate

     

    HAR has done it again... They have come out with an app for your iPhone/iPad and it is state of the art stuff..

    The HAR.com iPhone application allows both consumers and REALTORS® to search for homes for sale or lease, bookmark listings, and save property searches. Members have access to their leads, their listings, and their company's listing inventory, as well as access to the MLS. A premium service brought to you by the 24,000 REALTORS® in the greater Houston area.

    HAR iPhone AppOne of the most powerful current trends involving technology is the trend towards mobile computing. Using a wide range of mobile devices coupled with specialized applications, today's consumers and real estate agents will be able to access virtually every online real estate resource. To facilitate this trend for HAR members and Houston area real estate consumers, HAR has developed the strategy and programs to meet this growing demand. HAR's initial efforts will focus on Android, iPhone and Blackberry smart phones. This objective will give HAR members an edge by providing dependable and instant access to critical data in a mobile environment.

    Key Features
    * Find Homes for Sale or Lease (more than 50,000 homes online in the greater Houston area)
    * Listing information is updated every 15 minutes
    * Search by proximity, price, square footage and more
    * Search results are displayed in a list or map view
    * Listing details include price, room dimensions, interior and exterior features, open house schedule and more
    * Easily slide through a photo gallery for each listing (includes up to 16 photos)
    * View a history of your searches

    iTunes App Store

     Visit iTunes for customer reviews and ratings

    Whether you're interested in buying your first home, your next home, or just want to know more about home-ownership in general, I encourage you to check out a couple of great online resources: http://www.texasrealestate.com/ or http://www.har.com/ and for all of your Pearland TX and Northern Brazoria and Galveston County real estate needs, please visit my site at http://www.danfrankrealty.com/. All of these sites offer tons of useful, real estate-related information geared specifically for Texans.

    Remember, Danny Frank is a local Pearland TX Real Estate expert! You can see my entire blog at http://www.pearlandrealtyblog.com

     

    Danny Frank
    Turbo Realty
    2012 Chair-Elect HAR.com
    Mobile:  713-581-4702
    Fax: 866-304-3433
    Email: danfranktx@gmail.com
    www.danfrankrealty.com
    Information About Brokerage Services


    Chat: Google Talk: DanFrankTX Skype: DanFrankTX

      
     
    2 commentsDanny Frank, The Real Estate Expert • December 11 2010 02:42PM

    Time for a little R & R today

    I am thinking about going to a movie today. I have 2 showes that I would like to see but am torn bewteen which one to see.... I am thinking about seeing "Black Swan" or "Social Network". I know they have been out for a while and are not the big movies of the day, but these are the two I want to see. My question for you is which one and why? They are both totaly different types of shows and I understand that.... Let me know your thoughts...

    You can also vote on my poll on Linkedin if you wish... http://polls.linkedin.com/p/114141/deyao

    Whether you're interested in buying your first home, your next home, or just want to know more about home-ownership in general, I encourage you to check out a couple of great online resources: http://www.texasrealestate.com/ or http://www.har.com/ and for all of your Pearland TX and Northern Brazoria and Galveston County real estate needs, please visit my site at http://www.danfrankrealty.com/. All of these sites offer tons of useful, real estate-related information geared specifically for Texans.

    Remember, Danny Frank is a local Pearland TX Real Estate expert! You can see my entire blog at http://www.pearlandrealtyblog.com

     

    Danny Frank
    Turbo Realty
    2012 Chair-Elect HAR.com
    Mobile:  713-581-4702
    Fax: 866-304-3433
    Email: danfranktx@gmail.com
    www.danfrankrealty.com
    Information About Brokerage Services


    Chat: Google Talk: DanFrankTX Skype: DanFrankTX

      
     
    3 commentsDanny Frank, The Real Estate Expert • December 11 2010 12:35PM