http://fbgliving.com/blog Fredericksburg Texas real estate news, analysis & insight. Wed, 02 Sep 2009 02:39:44 +0000 http://backend.userland.com/rss092 en 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 ... http://fbgliving.com/blog/2009/09/01/fredericksburg-texas-real-estate-market-gloomy-for-sellers-getting-better-for-buyers/ 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 ... http://fbgliving.com/blog/2009/07/28/deals-can-be-found-in-fredericksburg-texas-subdivisions/ By Greg Oehler Market Comparison Report Dates: 01/01/2009 to 6/30/2009 01/01/2008 to 6/30/2008 Property Types: ALL Areas: ALL Jan 1 - Jun 30, 2008 Jan 1 - Jun 30, 2009 Difference Percentage Property Type Units Dollars Units Dollars Units Dollars Units Dollars Residential 158 42,166,038.00 119 23,828,200.00 -39 -18,337,838.00 -24.68 -43.49 Land and Farm 161 46,124,042.00 78 19,778,556.00 -83 -26,345,486.00 -51.55 -57.12 Commercial 12 4,205,000.00 6 2,876,500.00 -6 -1,328,500.00 -50.00 -31.59 Totals: 331 92,495,080.00 203 46,483,256.00 -128 -46,011,824.00 -38.67 -49.75 The good news is that listings are selling at market values. ... http://fbgliving.com/blog/2009/07/27/market-comparison-between-first-half-of-2009-and-2008-shows-large-decrease-in-sales/ By Greg Oehler Greetings and welcome to our market update. After an uptick in activity in late April and May, it felt like June was a bit of a let down in the number of showings. Let's see what the numbers say. First, I like to check the ... http://fbgliving.com/blog/2009/07/26/a-look-at-gillespie-countys-real-estate-market-for-the-first-half-of-2009/ 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 ... http://fbgliving.com/blog/2009/06/09/hgtv-couldn%e2%80%99t-have-done-it-better/ Acreage Greater Than 100 Acres During the past year there have been six properties without improvements between 100 and 200 acres listed on the Multiple Listing Service sold in Gillespie County.  The price range for these properties ranged from approximately $4255 per acre for about 116 acres to approximately $8500 per ... http://fbgliving.com/blog/2009/05/26/acreage-news/ By Greg Oehler Although currently we are experiencing more activity, this will give you an idea of what has occurred with land sales this Year-to-Date (as of 4/18/2009) vs. last year, same period.  Homes were affected as well, but not to the same degree. Probably the two most important and reliable ... http://fbgliving.com/blog/2009/04/27/land-sales-in-gillespie-county-down-big-in-2009/ By Greg Oehler photo credit: respres The first Tuesday of the month is "Foreclosure Day" in Texas.  Foreclosure happens when a Lender is unable to collect on a mortgage to a borrower.  In Texas, the Lender posts a public notice (usually on the Courthouse bulleting board) at least 21 days ... http://fbgliving.com/blog/2009/04/17/gillespie-county-has-managed-to-keep-its-number-of-foreclosures-low/ By Greg Oehler photo credit: jas kaur I visited the state capitol in Austin the last week in March to weigh in on several legislative matters that may affect you as it relates to real estate. Here are some of the issues teed up for the current session: Appraisal Reform - ... http://fbgliving.com/blog/2009/04/15/what-effect-does-the-texas-legislature-have-on-the-texas-real-estate-market/ By Greg Oehler By now you have probably heard of the $8,000 first-time homebuyer tax credit that was part of the American Recovery and Reinvestment Act. In case you are wondering what it is all about, I compiled this information from the National Association of Realtors and from Realtor.org that ... http://fbgliving.com/blog/2009/04/13/2009-homebuyer-tax-credit-information/