Basic Real Estate Statistics Explained

We are going to define some of the basic real estate statistics that get thrown around on a regular basis. To do that, we will use one real estate market, located in Hood County Texas. Even more granular, we will use the single family numbers for homes in Granbury Tx, a small town of approximately 8,000 residents which has seen substantial real estate growth in the past 12 months. It is important when reviewing real estate statistics to use a group of numbers large enough for consistency, but granular enough to tell your story.
The statistics that we will be referencing are true and accurate for the year discussed but are being used to define the real estate statistic itself.
We have chosen Granbury Tx as our example because the growth of the local real estate market there make the statics stand out.
Anytime you are evaluating statistics, especially in real estate, the source of the numbers are extremely important. In most instances, the MLS (Multiple Listing Service) provides the most accurate numbers when referring to real estate. This is because they have all listings by all local real estate brokers in their database. For the sake of explanation of the data, we will be looking at the numbers for home sales in Granbury Tx, directly from the MLS. These numbers are meant to give an example of how to read the statistics themselves. Anytime you evaluate real estate numbers, its important to pay close attention to how the numbers are gathered. In this instance, we will be using ONLY single family properties in the city of Granbury.
Basic Real Estate Statistics

Tips for a Successful and Profitable Sale!

There is a saying; "Do you want to be right or do you want to be happy?" Many people can be particularly resistant to this when it comes to their pets.

Although you may be a pet lover who adores your furry critters; there are many people who do not feel the same. This being the case you have a choice regarding how fast you will sell your home and how much you will get for it; depending upon your willingness to adjust your thoughts and adapt your home during the marketing process to make it desirable to not only like-minded individuals but to all potential buyers.

You can take offense with those who are not particularly fond of household pets and stubbornly choose to do nothing or you can do a few simple things to assure your home shows as if no pet ever lived there; enticing all to want to purchase it.

In today's market it is quite popular to advertise a home as pet and smoke free; as has been the case with pre-owned vehicles for many years. There are many reasons for this of course; because both can cause considerable damage to the space or in some cases certain individuals may simply have a health related issue.

Just like with a vehicle potential home purchasers may look for this disclosure in the marketing print, will ask the question directly and despite what they have read or have been told they will certainly be diligent about sniffing it out if they proceed to the next step of viewing your home.

Even if they are pet lovers themselves they do not want to purchase anything that contains what they deem to be offensive odors or other pet related damage. If asked the question always answer honestly; yet you can still take care of a few things to help a buyer get beyond this particular objection.