Information about Fort Hood / Killeen Area tax rates, tax assessors and municipalities, and how it affects your home expenses and mortgage.
Everything You Need to Know About Fort Hood, TX Property Taxes
The Fort Hood Real Estate Market in 2018
Takeaways The Fort Hood market had a fantastic 2017, with median price growth of 11% over 2016. Median fourplex prices grew 14% over 2016 Foreclosures hit a new low at just over 14% of home sales Inventory is approximately 4 months, creeping closer to a seller’s market See 2016’s Synopsis I’ve defined the Fort Hood […]
August is Cold – The Seasons of the Fort Hood, TX Housing Market
No surprises – winter is the best time to buy, and summer is the best time to sell. A quick review of how many homes sold by month in 2017.
The Average Age of Fort Hood Homes
Data for each communities and area around Fort Hood, TX, and the median year homes were built / median age.
What Happened in Fort Hood’s Housing Market in 2016?
The median price point for Fort Hood and most areas rose modestly in 2016. But beneath that ho-hum uptick are some very favorable trend lines for area homeowners. Meanwhile, multi-family prices have most plateaued, for now.
Fort Hood Housing Market Update – 3rd Quarter, 2016
A mixed report, not unexpected for a “neutral” housing market. There are good signs for each market. The general trends are still set. Harker Heights continues to be one of the top performing communities, and Killeen ain’t nuthin’ to sneeze at, either.
Fort Hood Housing Market Update – 2nd Quarter, 2016
Takeaways Fort Hood inventory falls under 5 months, creeping toward a Seller’s Market The rebounding fourplex/duplex market has plateaued The Harker Heights housing market continues to be one of the best performing communities Housing Inventory Falls Under 5 Months The Fort Hood area behaves like a weak buyer’s market – sellers often pay closing costs, […]
Ranking the Best New Home Builders in Fort Hood, TX
Takeaways There is no way to “rank” builders – different builders and neighborhoods have different advantages depending on your needs. The best way to find a builder who will best suit you is with a local Realtor. The list below gives a basic starting point on narrowing down builders by quality, price and size The […]
What to Expect: Renting Out Your Killeen, TX Home
Takeaways Killeen’s rental market has gotten a little softer Plan on only collecting about 70% of the total rent Homes that rent around $900-$1200 probably make the best rentals in our market 1/3 of Americans are renters. 2/3 of Fort Hood residents are renters. There are a few reasons for this, but the main one […]
You Lose $6,111 If Your Home Doesn’t Sell In 1 Month
Updated 5/28/16 Takeaways The longer on the market, the bigger the discount a home sells for. The listing price should be close to the fair market value to maximize your experience and profit “My home sold in two weeks. Does that mean it was underpriced?” No. It probably means you did great. Homes are like […]
What Happened in the 2015 Fort Hood Housing Market?
The final verdict is in on the Fort Hood real estate market in 2015 – trending upwards!
Where did all the Fort Hood area foreclosures go?
I was looking for a client in the SW side of Killeen for a client who wanted to stay in the Shoemaker High School district. He wanted something newer but at a great price, so I of course thought “Bridgewood foreclosure”. Bridgewood Estates is a newer subdivision on the corner of Clear Creek and Stan […]
Killeen Home Value Appreciation Is Beating Inflation
The average annual appreciation (2006 – 2014) for Killeen, TX was 2.2%. Accounting for inflation, the real rate was 0%. Here’s why that’s just fine.
Say What? Killeen has the 6th fastest growing economy in the USA.
According to WalletHub, Killeen’s economy ranks as the 6th fastest growing in 2015, also boasting the 4th highest reduction in poverty.
Fort Hood Area Builders
SEARCH THE FORT HOOD AREA MLS FOR HOME BUILDERS The population of Fort Hood has exploded since 2000 due to the War on Terror. Killeen itself was around 90,000 in 2000, and is now estimated at just shy of 140,000, 15 years later. As such, the area has a LOT of new homes, and continues […]
The Income Approach to Home Valuation
How much is a home worth? This is something everyone needs to know, whether it be a buyer, seller, investor, or lender. There are three methods of valuing or appraising a home. Comparable Sales Approach Cost Approach Income Approach I’ve previously discussed the typical method, and often the only method a real estate agent will […]
Fort Hood Area Inventory Is Shrinking
Is it a buyer’s market or a seller’s market? Is there a way to tell other than gut feelings and anecdotes about how quickly homes are selling or not? Of course. It’s called months of inventory (or absorption rate). Months of Inventory and Absorption Rates are the same thing. “Absorption Rate” is a term more […]