Fredericksburg Texas real estate market gloomy for sellers, getting better for buyers

By Greg Oehler
One thing certain is that the market never seems to stay the same! Sellers are certainly noticing a difference this year over last year. For many of them, it is difficult to accept the fact that price levels from 2006-2008 are no longer here.
Why are things different? The national economy […]

Deals can be found in Fredericksburg’s subdivisions

By Sheila Bingham
Below is an analysis of some of the Fredericksburg subdivisions. Hopefully this will be helpful if you are considering moving to Fredericksburg in the future. Please contact me if you would like any additional information.
All pricing and square footage are based on MLS listings: 7/8/2009
Cherry Blossom Estates
(off North Cherry […]

HGTV couldn’t have done it better!

Renovations are complete…at least for now. Our historic location and rustic atmosphere give us the feel of Fredericksburg at its finest. We have painted, carpeted, added a beautiful tin ceiling, installed a new phone system, given Greg a new private office, created more workspace for our Realtors and provided a more private conference area for […]

Watch our video tour of 811 Dogwood in Fredericksburg

By Bart Schaetter
Check out this video tour of one of our newest listings, 811 Dogwood in Cherry Blossom Estates in Fredericksburg built by Lopez Custom Homes.

If you’d like to learn more about this property and see more photographs, click here. Or contact Greg directly at (830) 997-6123 ext 227.

A look at Fredericksburg’s real estate market for the first two months

By Greg Oehler

Here is our residential market picture for the first two months of 2009 compared with the first two months of 2008 and 2007.  Noted are the following high points for residential sales within the city limits of Fredericksburg:

2007
2008
2009
Change

Total Number of Residential Sales (declined)
22
21
14
-36%

Total Dollar Amount of Sales (declined)
$5.4M
$5.2M
$3.0M
-44%

Average […]

Real Estate Buyers: What do they look at? What are they thinking?

By Greg Oehler
The National Association of Realtors conducts a periodic survey of home buyers to measure what was important in their buying decision. In outline form for brevity, here are the results:
INFORMATION SOURCES BUYERS FOUND TO BE VERY USEFUL

Real estate agent 81%
Internet 78%
Homebuilder 58%
Yard sign 50%
Relocation company 34%
Newspaper ad 30%
Billboard 30%
Open house 28%

TEXAS HOMES……BIGGER AND […]

Just Listed: Fully-loaded custom, 4/3 home in Fredericksburg Texas

By Greg Oehler

This builder’s custom native rock home in Fredericksburg, Texas is a MUST SEE! This home, located on Morning Glory Drive, features 4 bedrooms, 3 baths, a 2-car garage, open living area, kitchen with granite counter tops, and a spacious master suite. There’s also a beautiful, custom pool in the backyard complete with hot […]

Just Listed: A newly-built 3/2 home in Cherry Blossom Estates

By Greg Oehler
Click here for more information on this new listing.
Or, you can view all the houses for sale in Fredericksburg Texas by searching the Multiple Listing Service.

Analysis for single family lot sales in Fredericksburg Texas

By Greg Oehler
First the good news (for the developer)!   In 2008, the average low price, the average high price, and the median average price of a single family lot all increased over 2007.  Developers will wish that was the end of the story, but to comprehend our local single family lot market, one must look […]

A look back at the Fredericksburg Texas real estate market in 2008

By Greg Oehler
Let us take a moment to reflect on our real estate data in 2008 as compared to 2006 and 2007.  First off is a look at total sales in Gillespie County.   This is all types of property, including residential, unimproved land, and commercial properties. 
There was a decline in the number of properties sold […]

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