A major piece of property sold in April, some 2832 acres with a rather large 6K sqft house and a pretty big Foreman's house, gas wells, ponds, etc. all located on the highway going to Lipan just northwest of Granbury for almost a quarter of a million dollars over $3 million.  WOW!  Yep, that one topped the list & may stay there for awhile. Granbury also saw a home sell for over $700K which hasn't happened in awhile too.  When it was all said and done, our little area southwest of Fort Worth saw 91 homes sell in April including those two!  Yippee! Yahoo!  Is the market on the upswing?  Was it the tax credit that spurred it?  Will it continue?  The million dollar questions!  As far as confidence in the market, I've got it & everybody knows it is what you perceive it to be. Of those homes ... 05/10/2010

08/11/2009

The very wise professor at UGA explains this concept very well!  Let me know what you think. Suppose that every day, ten men go out for beer, and the bill for all ten comes to $100.  If they paid their bill the way we pay our taxes, it would go something like this:The first four  men (the poorest) would pay nothing.The fifth would  pay  $1.The sixth would  pay $3.The seventh would  pay  $7.The eighth would  pay $12.The ninth would  pay  $18.The tenth man (the richest) would pay $59.So, that's what  they decided to do.  The ten men drank in the bar every day and seemed quite happy with the  arrangement, until one day, the  owner threw them a curve.  'Since you are all such good customers,' he  said, 'I'm going to reduce the cost of your daily beer by $20.'  Drinks for the ten now cost ju... 11/06/2008

OK.......Here are the absorption rates for the subdivisions that I usually post.  If you live in one that is not mentioned here, please email me and I will include it in my November rates and send one for October direct. DeCordova Bend Estates  October saw 40 active single family homes on the market, 1 had a contingency, 3 had kick out clauses on them, 2 had options and 6 sold for an absorption rate of 6 months and 3 weeks on the market........Hey, the inventory level is down in DCBE! Pecan Plantation Inventory of active homes on the market was at 104 homes, 2 with kickouts, 2 with iptions, 3 were pending and 6 sold.  That makes the absorption rate in Pecan pretty high at over 17months worth of houses on the market. Bentwater There were 22 homes actively on the market in Bentwater, 1 co... 11/05/2008

This past week I met with the best RE/MAX Agents in Texas!   Twice a year I meet with my Success Partners which is a group that our coach, Cheryl Fairbanks formed.  This particular time we met at the Inn at Granbury,Texas.  This place was right on Granbury Lake, had a beautiful lot and wonderful facilities.  There are 8 master bedrooms (each one different and stately decorated) so some of us stayed at neighboring B&B's but we ate, laughed, learned and gathered for our meetings on these serene grounds.  The place is really spectacular, the dining even better!   I just had to take a few photos and share this with everyone! If you are ever in Granbury, Texas and want a smashing place to reconnect, unwind, read a good book, sit in a swing and watch the water ripple this is THE place to do ... 10/29/2008

Kay Bailey | Coldwell Banker United Realty Professionals | 817.776.1668 713 N. Avalon Ct, Granbury, TX LUXURY WATERFRONT TOWNHOUSE COMMUNITY COMPLEX WITH COURTYARD, COMMUNITY POOL, DAYDOCK, PIER AND HOA INCLUDES ALL YARD MAINTENANCE 3BR/2BA Single Family House offered at $227,900 Year Built 2000 Sq Footage 1,724 Bedrooms 3 Bathrooms 2 full, 0 partial Floors 1 Parking 2 Car garage Lot Size Unspecified HOA/Maint $137 per month DESCRIPTION BARGAIN OF THE SUBDIVISION * 18' CATHEDRAL CEILINGS * ONE STORY WITH GRANITE TOPPED BREAKFAST BAR, COUNTERS, TUMBLED MARBLE BACKSPLASH, STAINLESS APPLIANCES, HUGE MASTER WITH A VIEW, JETTED TUB, AND SEPARATE SHOWER, STONE & BRICK EXTERIOR see additional photos below PROPERTY FEATURES Central A/C Central heat Fireplace High/Vaulted ceiling Walk-in closet... 10/22/2008

10/22/2008

      It has been my experience in the last ten years in as a professional real estate associate that the last 2 weeks in August and the first two weeks in September are the worst of the market.  It happens every year because schools are starting, kids are going off to college, tuition is due, books, room & board, clothes and the start of a new routine that one has to get used to all over again.  Those that are going to relocate for the new school year have by now.  It's lots of changes for the family. My wise Broker used to tell all her agents to save up for this time.  She's been in real estate for 33 years so I'd say she knows the ropes and the trends that happen every year.  She also said that any election year is difficult on the housing market.  It's the uncertainty of what will h... 09/12/2008

Have you ever had one?  A Hole in One that is?    Here's the article in the Hood County News!  There were 3 Holes in One in 1 day! But in the same foursome back to back!  The odds they say are 17 million to one according to Golf Digest.  The fifth hole is the signature hole for DeCordova Bend.  The ladies hit it from 120 yds. that day.  This hole is on all the calendars and promotion mags, etc.  Congrats to Mary Gage & Judy Goforth who aced;  then, that afternoon to Richard Bumpus who aced it from 170 yds!  Golly, gee, I knew we were all special here at DeCordova Bend Estates........I just didn't know how special! We have a rare group here.....and a beautiful golf course!  Come join in the fun!  Call and THE RUNNELS GROUP we'll show you the way to becoming one of the chosen few! 08/19/2008

 Here is a summary of the Key Provisions of The Housing Stimulus Bill that just passed and was signed by President Bush.  See how if may effect you!   National Association of REALTORS®Summary of Key Provisions of H.R. 3221 - The Housing Stimulus Bill (as of 7/30/08) H.R. 3221, the "Housing and Economic Recovery Act of 2008," passed the House on July 23, 2008, by a vote of 272-152. On Saturday, July 26, 2008, the Senate passed the bill by a vote of 72-13. The President signed the bill on July 30, 2008. The bill includes the following provisions: GSE Reform - including a strong independent regulator, and permanent conforming loan limits up to the greater of $417,000 or 115% local area median home price, capped at $625,500. The effective date for reforms is immediate upon enactment, but th... 07/30/2008

This year in Real Estate has been a challenge......not that I don't like a good challenge.  The competitiveness comes out in me.  I've got to win the challenge......... For family health reasons, I moved to Granbury, Texas where my Mom and Dad live, just outside Ft. Worth where I was born and bred.   It's great to be in this part of Texas.  Granbury was somewhat new to me other than the times I cooked in the General's chili cook-off or visited the square in my shop-aholic years.  I think I forgot how hot it was & how much salt could come out of you to the point your skin feels like a piece of sandpaper and your vision is blurred by the salty sweat rolling into your eyes. I didn't know eyelids sweat.  Gosh, I can't believe it's not August yet.  It's supposed to be the really HOT month!  ... 07/22/2008

Why Now is a Smart Time to Buy Now is a great time to buy a home, say the financial gurus at the Wall Street Journal.The Journal calls it a buyers market!  Interest rates are at an all time low right now!  Seller's are reducing their homes prices to motivate buyer's to make an offer. Home prices are lower than they typically would be, priced & ready to move, priced to sell! Compare prices to renting a home & paying a mortgage, typically the price monthly of renting is the same or more as the price of paying a mortgage on a home. New constructions are ready to move, vacant & just waiting for you.  Builder's are willing to work great deals on new constructions with 2/10 home warranties guaranteeing good craftsmanship. There are a wide selection of Subdivisions with housing available & rea... 06/27/2008

Congratulations and Happy Birthday to the GFWAR on its great party and the celebration held Wednesday, June 11th.  Celebrating their 90th year in existence with balloons, bands, libations and delicious hors d'ouevres, plus local State Reps. and dignataries, made it a great event.  The National Association of Realtors is only 10 years older which shows the longevity and insight of GFWAR.  The guests of honor also included Past Presidents, Dixie McManus, Rob Renfro and Charles McMillan to name a few.  Charles McMillan will take the National Association of Realtors' President spot in 2009 only showing that once again a Texan will move to the TOP!  He's such a gracious man and a true friend to the Texas Property Owners and in 2009, the Nation's.  We look forward to his Leadership and thank ... 06/12/2008

Doing the numbers on these 2 gated communities in the greater Granbury area shows about how many months inventory are on the market in those subdivisions.  In the month of May, 58 homes in deCordova Bend Estates were on the market.  In addition to those, 5 were active and in the option period, 1 was active with a kick-out clause, and 1 was active with a contingency on it.  Seven homes were pending on their way to closing.  Since January 1st on this year 27 homes in Decordova Bend Estates have sold for an average of 5.4 houses a month., so in essence, DeCordova Bend has 10.74 months worth of houses on the market.  This is the absorption rate through the month of May. Pecan Plantation has 139 homes actively on the market.  With 7 additional homes in the option period, 1 with a kick-out cl... 06/02/2008

  http://edulog-srv.granburyisd.org/edulog/webquery/?9841061115514477nav=|&nod Here is the link, just hit the link add the address and it will tell you the schools that pick up the children at that address   05/20/2008

Yeah for Fountain Village in our area and congratulations on both homes entered in the Greater FW Spring Tour of New Homes winning 1st runner-up in both their categories!  With 90 entries in 12 different community, that's really saying something about the quality of the builders we have here in Granbury!  Coldwell Banker and The Runnels Group are proud to be on the team at Fountain Village.  If you would like to take a quick tour, go to www.GranburyRealProperty.com and click on Fountain Village Homes or call 817-776-1668 and I will give you a private tour! 05/01/2008

Hey Everybody..................according to the figures from the Census Bureau, the Granbury Micropolitan are grew from 55,713 in '06 to 56,927 in '07 and that's over 100 people a month last year moving into Granbury!  It represents a 2.2% increase if you're into numbers.  A microplitan area is defined as the urban area surrounding a central cluster (Granbury) with a population between 10,000 and 50,000.  There are 560 microploitan statistical areas in the USA.  Real Estate is doing quit well here.  It's a great time to buy Granbury,Texas!  Contact your Granbury Realtor and get the scoop on all the new jobs coming into the area.  If you don't have a Realtor....call me or visit my website www.GranburyRealProperty.com and The Runnels Group can help you! 04/20/2008

Interest Rates are Down.The Dow and Nasdaq are Down.Investors fear a Recession.Foreign Markets are Down.Real Estate Prices are Down.How much longer do you think it will be before investors return to the Real Estate Market and start buying up all of the good deals?Basic Investing In Your Future 101:  Buy Low - Sell HighDon't wait too long or all of the really good deals will be gone.  The rush has already started!   01/21/2008

The following neighborhoods and subdivisions are located in Granbury, Texas:Bent Water - Homes on Lake Granbury Cove, Ranches, rolling hills, ranches, farms, horse properties, acreage, views, views, views of the Lake Granbury Cove!!!  Catalina Bay DeCordova Bend Grand Harbor Harbor Lakes Indian Harbor Mallard Point Pecan Plantation The Peninsula Shores, The Timber Cove The Village - Upscale Homes on Lake Granbury starting in $550s - Only 9 lots total, includes 9 boat slip for residents and guests, gorgeous floor plans, each home has high-altitude lake view. Waters Edge Woodcreek Oak Trail ShoresBent Water - Granbury TX Neighborhood 10/25/2007

Pecan Plantation is only one of many wonderful Granbury Neighborhoods. The subdivision is almost a city-unto itself with a very active homeowners association. Fall in love with Pecan Plantation, the area that's tucked alongside the winding Brazos River. Offering some of the best views in Granbury, this neighborhood boasts new and existing homes flanked by a large, yet peaceful Pecan Tree Grove. The delight of this area, however, is the surprising little creatures feasting on the pecans a'plenty. You will find deer, buck, wild turkey, squirrels and an array of colorful birds. In Pecan Plantation of Granbury, Texas, the baby deer are more plentiful than cats and dogs! 10/25/2007